According to the public record, 41A, Osborne Villas, Hove is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 41, Osborne Villas, Hove, BN3.
Osborne Villas, Hove, BN3 is located within the BN3 postal district.
41A, Osborne Villas, Hove has 51 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated September 2020.
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 41A Osborne Villas Hove as £316,779 and the rental value as £1,270 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 41A Osborne Villas Hove has increased by £3,409 (1.1%) and its rental value has increased by £119 per month (9.4%).
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 41A, Osborne Villas, Hove is in very good condition we estimate a sale value of £332,618 and rental value of £1,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,604 and a rental value of £1,181 per month.
If you were able to purchase this property for the estimated value of £316,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,557 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, 41A, Osborne Villas, Hove was last sold on 10 Mar 2022 for £320,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2022, 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 41A, Osborne Villas, Hove within a radius of 260 metres over the last 2 years.
The most recent example is Flat 1, 3, Medina Villas, Hove, BN3 2RJ, a Leasehold flat which sold for £275,000 in Jan 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Osborne Villas, Hove, BN3 has a total of 153 addresses. According to our analysis of all the public data, 41A, Osborne Villas, Hove is the 105th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in BN3.
41A, Osborne Villas, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 41A, Osborne Villas, Hove is Hove station which is 1.0 kilometres 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 41A, Osborne Villas, Hove, 63.3% of property is privately rented and 21.9% 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 41A, Osborne Villas, Hove, 14.0% of residents are recorded as possessing school level qualifications and 58.3% 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 41A, Osborne Villas, 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 41A, Osborne Villas, 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 41A, Osborne Villas, 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.