According to the public record, 5A, Goldsmid Road, Hove is a period leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Goldsmid Road, Hove, BN3.
Goldsmid Road, Hove, BN3 is located within the BN3 postal district.
5A, Goldsmid Road, Hove has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated April 2018.
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 5A Goldsmid Road Hove as £396,812 and the rental value as £1,641 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 5A Goldsmid Road Hove has increased by £11,364 (2.9%) and its rental value has increased by £173 per month (10.5%).
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 5A, Goldsmid Road, Hove is in very good condition we estimate a sale value of £416,653 and rental value of £1,723 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,035 and a rental value of £1,526 per month.
If you were able to purchase this property for the estimated value of £396,812, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,950 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, 5A, Goldsmid Road, Hove was last sold on 16 Dec 2019 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Goldsmid Road, Hove within a radius of 260 metres over the last 2 years.
The most recent example is 8C , Buckingham Place, Brighton, BN1 3TD, a Leasehold flat which sold for £367,000 in Dec 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goldsmid Road, Hove, BN3 has a total of 109 addresses. According to our analysis of all the public data, 5A, Goldsmid Road, Hove is the 10th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in BN3.
5A, Goldsmid Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5A, Goldsmid Road, Hove is Brighton station which is 600 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 5A, Goldsmid Road, Hove, 48.6% of property is privately rented and 30.3% 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 5A, Goldsmid Road, Hove, 11.7% of residents are recorded as possessing school level qualifications and 63.2% 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 5A, Goldsmid Road, Hove, the average age was 40.7 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 5A, Goldsmid 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 5A, Goldsmid Road, 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.