According to the public record, 50, Lawrence Road, Hove is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,118 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lawrence Road, Hove, BN3 is located within the BN3 postal district.
50, Lawrence Road, Hove has a single entry in the Land Registry database from July 2009 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 50 Lawrence Road Hove as £814,589 and the rental value as £2,859 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 50 Lawrence Road Hove has increased by £9,483 (1.2%) and its rental value has increased by £270 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 50, Lawrence Road, Hove is in very good condition we estimate a sale value of £855,319 and rental value of £3,002 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £757,568 and a rental value of £2,659 per month.
If you were able to purchase this property for the estimated value of £814,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,003 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, 50, Lawrence Road, Hove was last sold on 16 Jul 2009 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2009, the market for similar properties has risen 94.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Lawrence Road, Hove within a radius of 370 metres over the last 2 years.
The most recent example is 31, Titian Road, Hove, BN3 5QR, a Freehold house which sold for £800,000 in Jan 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawrence Road, Hove, BN3 has a total of 111 addresses. According to our analysis of all the public data, 50, Lawrence Road, Hove is the 44th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in BN3.
The closest station to 50, Lawrence Road, Hove is Aldrington station which is 700 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 50, Lawrence Road, Hove, 43.0% of property is privately rented and 25.0% is privately owned outright.
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 50, Lawrence Road, Hove, 13.3% of residents are recorded as possessing school level qualifications and 48.4% 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 50, Lawrence Road, Hove, the average age was 43 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 50, Lawrence Road, Hove, 0.7% 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 50, Lawrence Road, Hove, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.