According to the public record, 41, Coombe Lea, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Coombe Lea, Hove, BN3 is located within the BN3 postal district.
41, Coombe Lea, Hove has 21 entries in the Land Registry database, most recently in December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 41 Coombe Lea Hove as £403,529 and the rental value as £1,667 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 41 Coombe Lea Hove has increased by £9,766 (2.4%) and its rental value has increased by £180 per month (10.8%).
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 41, Coombe Lea, Hove is in very good condition we estimate a sale value of £423,705 and rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,282 and a rental value of £1,551 per month.
If you were able to purchase this property for the estimated value of £403,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,983 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, 41, Coombe Lea, Hove was last sold on 11 Dec 2006 for £229,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Coombe Lea, Hove within a radius of 240 metres over the last 2 years.
The most recent example is Flat 10, 1, Grand Avenue, Hove, BN3 2LA, a Leasehold flat which sold for £351,000 in Feb 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coombe Lea, Hove, BN3 has a total of 84 addresses. According to our analysis of all the public data, 41, Coombe Lea, Hove is the 37th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in BN3.
The closest station to 41, Coombe Lea, Hove is Hove 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 41, Coombe Lea, Hove, 45.9% of property is privately owned outright and 29.5% 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 41, Coombe Lea, Hove, 9.4% of residents are recorded as possessing school level qualifications and 54.5% 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 41, Coombe Lea, 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 41, Coombe Lea, Hove, 0.0% 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 41, Coombe Lea, Hove, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.