According to the public record, 51A, Coleridge Street, Hove is a period leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 51, Coleridge Street, Hove, BN3.
Coleridge Street, Hove, BN3 is located within the BN3 postal district.
51A, Coleridge Street, Hove has 2 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated May 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 51A Coleridge Street Hove as £253,400 and the rental value as £1,207 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 51A Coleridge Street Hove has increased by £1,960 (0.8%) and its rental value has increased by £109 per month (9.0%).
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 51A, Coleridge Street, Hove is in very good condition we estimate a sale value of £266,070 and rental value of £1,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,662 and a rental value of £1,123 per month.
If you were able to purchase this property for the estimated value of £253,400, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,245 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, 51A, Coleridge Street, Hove was last sold on 07 Jan 2019 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2019, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51A, Coleridge Street, Hove within a radius of 320 metres over the last 2 years.
The most recent example is 1A, Wordsworth Street, Hove, BN3 5BG, a Leasehold flat which sold for £330,000 in Feb 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coleridge Street, Hove, BN3 has a total of 126 addresses. According to our analysis of all the public data, 51A, Coleridge Street, Hove is the 122nd largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in BN3.
51A, Coleridge Street, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 51A, Coleridge 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 51A, Coleridge Street, Hove, 47.0% of property is privately owned with a mortgage and 30.3% is privately owned outright.
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 51A, Coleridge Street, Hove, 13.9% of residents are recorded as possessing school level qualifications and 57.3% 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 51A, Coleridge 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 51A, Coleridge Street, Hove, 1.6% 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 51A, Coleridge Street, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.