According to the public record, Apartment 1, 24, Wilbury Grove, Hove is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Wilbury Grove, Hove, BN3.
Wilbury Grove, Hove, BN3 is located within the BN3 postal district.
Apartment 1, 24, Wilbury Grove, Hove has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated May 2019.
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 good condition, we estimate the current sale value for Apartment 1 24 Wilbury Grove Hove as £594,388 and the rental value as £2,225 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Apartment 1 24 Wilbury Grove Hove has increased by £12,992 (2.2%) and its rental value has increased by £236 per month (10.6%).
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 Apartment 1, 24, Wilbury Grove, Hove is in very good condition we estimate a sale value of £624,108 and rental value of £2,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,781 and a rental value of £2,069 per month.
If you were able to purchase this property for the estimated value of £594,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,921 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, Apartment 1, 24, Wilbury Grove, Hove was last sold on 30 Jul 2019 for £575,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, 24, Wilbury Grove, Hove within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 8, Tate Residences 1, Eaton Road, Hove, BN3 3NA, a Leasehold flat which sold for £525,000 in Dec 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilbury Grove, Hove, BN3 has a total of 48 addresses. According to our analysis of all the public data, Apartment 1, 24, Wilbury Grove, Hove is the 24th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in BN3.
Apartment 1, 24, Wilbury Grove, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using elecric underfloor heating.
The closest station to Apartment 1, 24, Wilbury Grove, Hove is Hove station which is 700 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 Apartment 1, 24, Wilbury Grove, Hove, 61.3% of property is privately rented and 18.8% 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 Apartment 1, 24, Wilbury Grove, Hove, 15.9% 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 Apartment 1, 24, Wilbury Grove, 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 Apartment 1, 24, Wilbury Grove, Hove, 1.8% 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 Apartment 1, 24, Wilbury Grove, 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.