According to the public record, 61, The Droveway, Hove is a period house with 2,314 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Droveway, Hove, BN3 is located within the BN3 postal district.
61, The Droveway, Hove has no records in the Land Registry database and a single entry in the EPC database dated March 2016.
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 61 The Droveway Hove as £1,383,455 and the rental value as £5,076 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 61 The Droveway Hove has increased by £14,741 (1.1%) and its rental value has increased by £435 per month (8.6%).
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 61, The Droveway, Hove is in very good condition we estimate a sale value of £1,452,628 and rental value of £5,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,286,613 and a rental value of £4,721 per month.
If you were able to purchase this property for the estimated value of £1,383,455, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,799 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, 61, The Droveway, Hove sits on a plot of 407m2.
We have plot size data on 18 out of 27 other houses in the postcode and 61, The Droveway, Hove sits on the 18th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, The Droveway, Hove within a radius of 700 metres over the last 2 years.
The most recent example is 70, The Droveway, Hove, BN3 6PR, a Freehold house which sold for £1,335,000 in Jan 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Droveway, Hove, BN3 has a total of 72 addresses. According to our analysis of all the public data, 61, The Droveway, Hove is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £884k more expensive than the average property in BN3.
61, The Droveway, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 61, The Droveway, 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 61, The Droveway, Hove, 49.6% of property is privately owned outright and 44.1% 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 61, The Droveway, Hove, 23.8% of residents are recorded as possessing school level qualifications and 60.5% 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 61, The Droveway, Hove, the average age was 40.3 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 61, The Droveway, Hove, 1.4% 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 61, The Droveway, Hove, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.