According to the public record, 8, Richmond Court 28, Hove is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Richmond Court, Osmond Road, Hove, BN3.
Osmond Road, Hove, BN3 is located within the BN3 postal district.
8, Richmond Court 28, Hove has 41 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated September 2013.
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 8 Richmond Court 28 Hove as £298,707 and the rental value as £1,473 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Richmond Court 28 Hove has decreased by £635 (0.2%) and its rental value has increased by £106 per month (7.2%).
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 8, Richmond Court 28, Hove is in very good condition we estimate a sale value of £313,643 and rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,798 and a rental value of £1,370 per month.
If you were able to purchase this property for the estimated value of £298,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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 HM Land Registry, 8, Richmond Court 28, Hove was last sold on 28 Oct 2022 for £335,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Richmond Court 28, Hove within a radius of 320 metres over the last 2 years.
The most recent example is 1, Richmond Court 28, Osmond Road, Hove, BN3 1TD, a Leasehold flat which sold for £295,000 in Mar 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Osmond Road, Hove, BN3 has a total of 111 addresses. According to our analysis of all the public data, 8, Richmond Court 28, Hove is the 70th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in BN3.
8, Richmond Court 28, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 8, Richmond Court 28, Hove is Brighton 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 8, Richmond Court 28, Hove, 38.8% of property is privately rented and 38.1% 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 8, Richmond Court 28, Hove, 15.7% of residents are recorded as possessing school level qualifications and 54.4% 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 8, Richmond Court 28, 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 8, Richmond Court 28, Hove, 0.8% 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 8, Richmond Court 28, Hove, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.