According to the public record, 56, Chichester Close, Hove is a mid-century apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chichester Close, Hove, BN3 is located within the BN3 postal district.
56, Chichester Close, Hove has no records in the Land Registry database and a single entry in the EPC database dated March 2018.
We combine this information with public data 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 56 Chichester Close Hove as £243,503 and the rental value as £1,222 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 56 Chichester Close Hove has increased by £1,026 (0.4%) and its rental value has increased by £106 per month (8.7%).
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 56, Chichester Close, Hove is in very good condition we estimate a sale value of £255,679 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,458 and a rental value of £1,137 per month.
If you were able to purchase this property for the estimated value of £243,503, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,197 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Chichester Close, Hove within a radius of 720 metres over the last 2 years.
The most recent example is 66, Chichester Close, Hove, BN3 8ET, a Leasehold flat which sold for £230,000 in Dec 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chichester Close, Hove, BN3 has a total of 61 addresses. According to our analysis of all the public data, 56, Chichester Close, Hove is the 40th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in BN3.
56, Chichester Close, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 56, Chichester Close, Hove is Portslade station which is 2.2 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 56, Chichester Close, Hove, 46.0% of property is socially rented and 21.3% 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 56, Chichester Close, Hove, 23.0% of residents are recorded as possessing school level qualifications and 21.8% 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 56, Chichester Close, Hove, the average age was 40.9 and the most common age was 7.
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 56, Chichester Close, 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 56, Chichester Close, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.