According to the public record, 42A, Western Road, Hove is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 42, Western Road, Hove, BN3.
Western Road, Hove, BN3 is located within the BN3 postal district.
42A, Western Road, Hove has 41 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated February 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 42A Western Road Hove as £263,735 and the rental value as £1,353 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 42A Western Road Hove has increased by £5,517 (2.1%) and its rental value has increased by £139 per month (10.3%).
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 42A, Western Road, Hove is in very good condition we estimate a sale value of £276,922 and rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,274 and a rental value of £1,258 per month.
If you were able to purchase this property for the estimated value of £263,735, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,296 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, 42A, Western Road, Hove was last sold on 18 Sep 2015 for £192,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2015, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42A, Western Road, Hove within a radius of 190 metres over the last 2 years.
The most recent example is Flat 1, 38, Brunswick Square, Hove, BN3 1EE, a Leasehold flat which sold for £284,680 in Jan 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Road, Hove, BN3 has a total of 188 addresses. According to our analysis of all the public data, 42A, Western Road, Hove is the 82nd largest and the 125th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in BN3.
42A, Western Road, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 42A, Western Road, Hove is Hove station which is 1.2 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 42A, Western Road, Hove, 76.6% of property is privately rented and 14.9% 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 42A, Western Road, Hove, 22.2% of residents are recorded as possessing school level qualifications and 60.7% 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 42A, Western Road, Hove, the average age was 39.7 and the most common age was 27.
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 42A, Western Road, 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 42A, Western Road, Hove, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.