According to the public record, 8 Rutland Court, Hove is a early-century leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Rutland Court, New Church Road, Hove, BN3.
New Church Road, Hove, BN3 is located within the BN3 postal district.
8 Rutland Court, Hove has 31 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated March 2023.
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 Rutland Court Hove as £340,307 and the rental value as £1,632 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Rutland Court Hove has decreased by £1,457 (0.4%) and its rental value has increased by £126 per month (7.7%).
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 8 Rutland Court, Hove is in very good condition we estimate a sale value of £357,322 and rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,485 and a rental value of £1,518 per month.
If you were able to purchase this property for the estimated value of £340,307, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,673 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 Rutland Court, Hove was last sold on 17 Nov 2023 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Rutland Court, Hove within a radius of 370 metres over the last 2 years.
The most recent example is 12 Rutland Court, New Church Road, Hove, BN3 4AE, a Leasehold flat which sold for £365,000 in Apr 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Church Road, Hove, BN3 has a total of 708 addresses. According to our analysis of all the public data, 8 Rutland Court, Hove is the 317th largest and the 385th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in BN3.
8 Rutland Court, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 8 Rutland Court, Hove is Aldrington station which is 700 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 Rutland Court, Hove, 37.5% of property is privately rented and 29.2% 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 8 Rutland Court, Hove, 12.1% of residents are recorded as possessing school level qualifications and 51.1% 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 Rutland Court, Hove, the average age was 43.8 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 Rutland Court, Hove, 0.0% 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 8 Rutland Court, Hove, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.