According to the public record, 5, Hove Place, Hove is a period leasehold house with 1,496 ft2 of internal area and sits on a 86.3 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hove Place, Hove, BN3 is located within the BN3 postal district.
5, Hove Place, Hove has 21 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated February 2016.
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 5 Hove Place Hove as £719,705 and the rental value as £3,169 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 5 Hove Place Hove has increased by £8,161 (1.1%) and its rental value has increased by £299 per month (9.4%).
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 5, Hove Place, Hove is in very good condition we estimate a sale value of £755,690 and rental value of £3,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £669,326 and a rental value of £2,947 per month.
If you were able to purchase this property for the estimated value of £719,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,537 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, 5, Hove Place, Hove sits on a plot of 86m2.
We have plot size data on 2 out of 4 other houses in the postcode and 5, Hove Place, Hove sits on the 2nd largest plot.
According to HM Land Registry, 5, Hove Place, Hove was last sold on 19 Aug 2016 for £580,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2016, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Hove Place, Hove within a radius of 260 metres over the last 2 years.
The most recent example is 19, Sussex Road, Hove, BN3 2WD, a Freehold house which sold for £630,000 in Sep 2020.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hove Place, Hove, BN3 has a total of 13 addresses. According to our analysis of all the public data, 5, Hove Place, Hove is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in BN3.
5, Hove Place, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Feb 2016.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 5, Hove Place, Hove is Hove station which is 1.1 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 5, Hove Place, Hove, 47.3% of property is privately rented and 23.3% 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 5, Hove Place, Hove, 8.9% of residents are recorded as possessing school level qualifications and 53.9% 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 5, Hove Place, 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 5, Hove Place, Hove, 1.1% 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 5, Hove Place, 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.