According to the public record, 78, The Droveway, Hove is a period freehold house with 2,841 ft2 of internal area and sits on a 616 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
The Droveway, Hove, BN3 is located within the BN3 postal district.
78, The Droveway, Hove has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated March 2022.
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 78 The Droveway Hove as £1,565,257 and the rental value as £5,743 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 78 The Droveway Hove has increased by £16,678 (1.1%) and its rental value has increased by £493 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 78, The Droveway, Hove is in very good condition we estimate a sale value of £1,643,520 and rental value of £6,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,455,689 and a rental value of £5,341 per month.
If you were able to purchase this property for the estimated value of £1,565,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,693 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, 78, The Droveway, Hove sits on a plot of 616m2.
We have plot size data on 18 out of 27 other houses in the postcode and 78, The Droveway, Hove sits on the 7th largest plot.
According to HM Land Registry, 78, The Droveway, Hove was last sold on 31 Aug 2022 for £1,675,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, The Droveway, Hove within a radius of 690 metres over the last 2 years.
The most recent example is 24, Shirley Drive, Hove, BN3 6UD, a Freehold house which sold for £1,700,000 in Feb 2024.
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, 78, The Droveway, Hove is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £1.066m more expensive than the average property in BN3.
78, The Droveway, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 78, 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 78, 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 78, 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 78, 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 78, 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 78, 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.