According to the public record, 112A, Montgomery Street, Hove is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 112, Montgomery Street, Hove, BN3.
Montgomery Street, Hove, BN3 is located within the BN3 postal district.
112A, Montgomery Street, Hove has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated July 2012.
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 112A Montgomery Street Hove as £345,734 and the rental value as £1,531 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 112A Montgomery Street Hove has increased by £5,649 (1.6%) and its rental value has increased by £153 per month (10.0%).
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 112A, Montgomery Street, Hove is in very good condition we estimate a sale value of £363,021 and rental value of £1,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,533 and a rental value of £1,424 per month.
If you were able to purchase this property for the estimated value of £345,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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, 112A, Montgomery Street, Hove was last sold on 23 Oct 2020 for £312,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112A, Montgomery Street, Hove within a radius of 310 metres over the last 2 years.
The most recent example is 158A, Westbourne Street, Hove, BN3 5FB, a Leasehold flat which sold for £402,500 in Nov 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montgomery Street, Hove, BN3 has a total of 186 addresses. According to our analysis of all the public data, 112A, Montgomery Street, Hove is the 145th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in BN3.
112A, Montgomery Street, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 112A, Montgomery Street, Hove is Aldrington station which is 200 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 112A, Montgomery Street, Hove, 42.5% of property is privately rented and 38.6% 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 112A, Montgomery Street, Hove, 19.8% of residents are recorded as possessing school level qualifications and 55.1% 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 112A, Montgomery Street, Hove, the average age was 36.8 and the most common age was 47.
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 112A, Montgomery Street, 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 112A, Montgomery Street, 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.