According to the public record, 54, Farm Road, Hove is a modern freehold house with 990 ft2 of internal area and sits on a 75.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farm Road, Hove, BN3 is located within the BN3 postal district.
54, Farm Road, Hove has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated January 2015.
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 54 Farm Road Hove as £582,823 and the rental value as £2,566 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 54 Farm Road Hove has increased by £6,736 (1.2%) and its rental value has increased by £238 per month (9.3%).
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 54, Farm Road, Hove is in very good condition we estimate a sale value of £611,964 and rental value of £2,694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,026 and a rental value of £2,386 per month.
If you were able to purchase this property for the estimated value of £582,823, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,864 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, 54, Farm Road, Hove sits on a plot of 76m2.
We have plot size data on 12 out of 14 other houses in the postcode and 54, Farm Road, Hove sits on the 5th largest plot.
According to HM Land Registry, 54, Farm Road, Hove was last sold on 23 Sep 2022 for £675,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 54, Farm Road, Hove within a radius of 190 metres over the last 2 years.
The most recent example is 53, Farm Road, Hove, BN3 1FD, a Freehold house which sold for £520,000 in Jun 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farm Road, Hove, BN3 has a total of 137 addresses. According to our analysis of all the public data, 54, Farm Road, Hove is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in BN3.
54, Farm Road, Hove has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 54, Farm Road, Hove is Hove station which is 1.3 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 54, Farm Road, Hove, 69.4% of property is privately rented and 21.1% 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 54, Farm Road, Hove, 21.0% of residents are recorded as possessing school level qualifications and 56.8% 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 54, Farm Road, 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 54, Farm Road, Hove, 1.3% 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 54, Farm Road, 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.