According to the public record, 3 Princes Court, Hove is a mid-century leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Princes Court, Princes Avenue, Hove, BN3.
Princes Avenue, Hove, BN3 is located within the BN3 postal district.
3 Princes Court, Hove has 2 entries in the Land Registry database, most recently in June 2010 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Princes Court Hove as £203,964 and the rental value as £1,019 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Princes Court Hove has decreased by £3,094 (1.5%) and its rental value has increased by £67 per month (6.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3 Princes Court, Hove is in very good condition we estimate a sale value of £214,162 and rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,686 and a rental value of £948 per month.
If you were able to purchase this property for the estimated value of £203,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,002 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 3 Princes Court, Hove was last sold on 30 Jun 2010 for £139,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2010, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Princes Court, Hove within a radius of 340 metres over the last 2 years.
The most recent example is Flat 3, 4, St. Aubyns Gardens, Hove, BN3 2TA, a Leasehold flat which sold for £207,000 in Mar 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Avenue, Hove, BN3 has a total of 32 addresses. According to our analysis of all the public data, 3 Princes Court, Hove is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in BN3.
3 Princes Court, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 3 Princes Court, Hove is Aldrington station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Princes Court, Hove, 49.1% of property is privately rented and 21.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3 Princes Court, Hove, 16.1% of residents are recorded as possessing school level qualifications and 52.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3 Princes Court, Hove, the average age was 43.8 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3 Princes Court, Hove, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3 Princes Court, Hove, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.