According to the public record, 120A, Montgomery Street, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 611 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 120, Montgomery Street, Hove, BN3.
Montgomery Street, Hove, BN3 is located within the BN3 postal district.
120A, Montgomery Street, Hove has 4 entries in the Land Registry database, most recently in March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 120A Montgomery Street Hove as £336,432 and the rental value as £1,475 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 120A Montgomery Street Hove has increased by £6,319 (1.9%) and its rental value has increased by £151 per month (10.2%).
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 120A, Montgomery Street, Hove is in very good condition we estimate a sale value of £353,253 and rental value of £1,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,881 and a rental value of £1,372 per month.
If you were able to purchase this property for the estimated value of £336,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,653 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, 120A, Montgomery Street, Hove was last sold on 31 Mar 2016 for £244,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120A, Montgomery Street, Hove within a radius of 320 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, 120A, Montgomery Street, Hove is the 133rd largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in BN3.
The closest station to 120A, 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 120A, 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 120A, 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 120A, 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 120A, 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 120A, 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.