According to the public record, 53 Wilbury Grange, Hove is a early-century leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Wilbury Grange, Wilbury Road, Hove, BN3.
Wilbury Road, Hove, BN3 is located within the BN3 postal district.
53 Wilbury Grange, Hove has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated September 2023.
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 53 Wilbury Grange Hove as £475,628 and the rental value as £1,921 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 53 Wilbury Grange Hove has decreased by £975 (0.2%) and its rental value has increased by £154 per month (8.0%).
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 53 Wilbury Grange, Hove is in very good condition we estimate a sale value of £499,410 and rental value of £2,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,334 and a rental value of £1,786 per month.
If you were able to purchase this property for the estimated value of £475,628, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,338 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, 53 Wilbury Grange, Hove was last sold on 10 Jul 2020 for £77,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53 Wilbury Grange, Hove within a radius of 240 metres over the last 2 years.
The most recent example is 9 Wilbury Grange, Wilbury Road, Hove, BN3 3GN, a Leasehold flat which sold for £580,000 in Oct 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilbury Road, Hove, BN3 has a total of 638 addresses. According to our analysis of all the public data, 53 Wilbury Grange, Hove is the 62nd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in BN3.
53 Wilbury Grange, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 53 Wilbury Grange, Hove is Hove station which is 800 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 53 Wilbury Grange, Hove, 51.2% of property is privately owned outright and 33.5% 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 53 Wilbury Grange, Hove, 3.7% of residents are recorded as possessing school level qualifications and 35.6% 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 53 Wilbury Grange, Hove, the average age was 39.7 and the most common age was 27.
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 53 Wilbury Grange, Hove, 0.5% 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 53 Wilbury Grange, Hove, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.