According to the public record, 33 Park Lodge, Hove is a mid-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Park Lodge, Dyke Road, Hove, BN3.
Dyke Road, Hove, BN3 is located within the BN3 postal district.
33 Park Lodge, Hove has 21 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated May 2024.
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 33 Park Lodge Hove as £225,334 and the rental value as £1,129 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 33 Park Lodge Hove has decreased by £2,366 (1.1%) and its rental value has increased by £71 per month (6.3%).
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 33 Park Lodge, Hove is in very good condition we estimate a sale value of £236,601 and rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,561 and a rental value of £1,050 per month.
If you were able to purchase this property for the estimated value of £225,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 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, 33 Park Lodge, Hove was last sold on 08 May 2017 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33 Park Lodge, Hove within a radius of 490 metres over the last 2 years.
The most recent example is 37 Park Lodge, Dyke Road, Hove, BN3 6NF, a Leasehold flat which sold for £262,500 in Feb 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dyke Road, Hove, BN3 has a total of 159 addresses. According to our analysis of all the public data, 33 Park Lodge, Hove is the 148th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £274k less expensive than the average property in BN3.
33 Park Lodge, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 33 Park Lodge, Hove is Preston Park station which is 900 metres 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 33 Park Lodge, Hove, 43.0% of property is privately owned outright and 31.3% 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 33 Park Lodge, Hove, 19.3% of residents are recorded as possessing school level qualifications and 56.8% 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 33 Park Lodge, Hove, the average age was 40.3 and the most common age was 52.
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 33 Park Lodge, Hove, 2.2% 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 33 Park Lodge, Hove, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.