According to the public record, 64, Palmeira Avenue, Hove is a mid-century freehold house with 4,510 ft2 of internal area and sits on a 599 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Palmeira Avenue, Hove, BN3 is located within the BN3 postal district.
64, Palmeira Avenue, Hove has 21 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated May 2021.
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 64 Palmeira Avenue Hove as £1,673,892 and the rental value as £6,764 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 64 Palmeira Avenue Hove has increased by £8,284 (0.5%) and its rental value has increased by £583 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 64, Palmeira Avenue, Hove is in very good condition we estimate a sale value of £1,757,586 and rental value of £7,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,556,719 and a rental value of £6,290 per month.
If you were able to purchase this property for the estimated value of £1,673,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,227 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, 64, Palmeira Avenue, Hove sits on a plot of 599m2.
We have plot size data on 3 out of 5 other houses in the postcode and 64, Palmeira Avenue, Hove sits on the 8th largest plot.
According to HM Land Registry, 64, Palmeira Avenue, Hove was last sold on 17 May 2022 for £1,700,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 64, Palmeira Avenue, Hove within a radius of 330 metres over the last 2 years.
The most recent example is 111, Holland Road, Hove, BN3 1JP, a Freehold house which sold for £910,000 in Dec 2019.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmeira Avenue, Hove, BN3 has a total of 391 addresses. According to our analysis of all the public data, 64, Palmeira Avenue, Hove is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.175m more expensive than the average property in BN3.
64, Palmeira Avenue, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2021.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 64, Palmeira Avenue, 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 64, Palmeira Avenue, Hove, 55.5% of property is privately rented and 21.8% 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 64, Palmeira Avenue, Hove, 17.6% of residents are recorded as possessing school level qualifications and 53.0% 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 64, Palmeira Avenue, Hove, the average age was 40.7 and the most common age was 32.
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 64, Palmeira Avenue, Hove, 1.0% 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 64, Palmeira Avenue, 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.