According to the public record, 38, Erroll Road, Hove is a period freehold house with 785 ft2 of internal area and sits on a 89.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Erroll Road, Hove, BN3 is located within the BN3 postal district.
38, Erroll Road, Hove has 51 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated August 2020.
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 38 Erroll Road Hove as £457,991 and the rental value as £2,214 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 38 Erroll Road Hove has increased by £2,474 (0.5%) and its rental value has increased by £186 per month (8.4%).
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 38, Erroll Road, Hove is in very good condition we estimate a sale value of £480,891 and rental value of £2,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,932 and a rental value of £2,059 per month.
If you were able to purchase this property for the estimated value of £457,991, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,251 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 data from HM Land Registry, 38, Erroll Road, Hove sits on a plot of 89m2.
We have plot size data on 33 out of 48 other houses in the postcode and 38, Erroll Road, Hove sits on the 25th largest plot.
According to HM Land Registry, 38, Erroll Road, Hove was last sold on 26 Nov 2020 for £465,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2020, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Erroll Road, Hove within a radius of 490 metres over the last 2 years.
The most recent example is 15, Erroll Road, Hove, BN3 4QF, a Freehold house which sold for £390,000 in Jul 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erroll Road, Hove, BN3 has a total of 95 addresses. According to our analysis of all the public data, 38, Erroll Road, Hove is the 56th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in BN3.
38, Erroll Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 38, Erroll Road, Hove is Portslade station which is 500 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 38, Erroll Road, Hove, 45.3% of property is privately owned with a mortgage and 26.6% is privately rented.
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 38, Erroll Road, Hove, 22.5% of residents are recorded as possessing school level qualifications and 51.3% 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 38, Erroll Road, Hove, the average age was 38.8 and the most common age was 47.
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 38, Erroll Road, Hove, 0.3% 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 38, Erroll Road, Hove, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.