According to the public record, 7A, Cowper Street, Hove is a period leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Cowper Street, Hove, BN3.
Cowper Street, Hove, BN3 is located within the BN3 postal district.
7A, Cowper Street, Hove has 41 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated March 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 7A Cowper Street Hove as £356,201 and the rental value as £1,559 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7A Cowper Street Hove has increased by £6,691 (1.9%) and its rental value has increased by £160 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 7A, Cowper Street, Hove is in very good condition we estimate a sale value of £374,011 and rental value of £1,637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,267 and a rental value of £1,450 per month.
If you were able to purchase this property for the estimated value of £356,201, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,751 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, 7A, Cowper Street, Hove was last sold on 17 Sep 2020 for £390,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2020, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Cowper Street, Hove within a radius of 270 metres over the last 2 years.
The most recent example is 30, Cowper Street, Hove, BN3 5BP, a Leasehold flat which sold for £390,000 in Dec 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cowper Street, Hove, BN3 has a total of 157 addresses. According to our analysis of all the public data, 7A, Cowper Street, Hove is the 93rd largest and the 117th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in BN3.
7A, Cowper Street, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 7A, Cowper Street, Hove is Aldrington station which is 400 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 7A, Cowper Street, Hove, 45.6% of property is privately rented and 36.8% 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 7A, Cowper Street, Hove, 7.5% of residents are recorded as possessing school level qualifications and 49.0% 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 7A, Cowper 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 7A, Cowper 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 7A, Cowper Street, Hove, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.