According to the public record, 88B, Portland Road, Hove is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 88, Portland Road, Hove, BN3.
Portland Road, Hove, BN3 is located within the BN3 postal district.
88B, Portland Road, Hove has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated April 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 reasonable condition, we estimate the current sale value for 88B Portland Road Hove as £305,375 and the rental value as £1,477 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 88B Portland Road Hove has increased by £5,695 (1.9%) and its rental value has increased by £151 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 88B, Portland Road, Hove is in very good condition we estimate a sale value of £320,644 and rental value of £1,550 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,999 and a rental value of £1,373 per month.
If you were able to purchase this property for the estimated value of £305,375, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,501 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, 88B, Portland Road, Hove was last sold on 03 Mar 2022 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88B, Portland Road, Hove within a radius of 310 metres over the last 2 years.
The most recent example is 92B, Portland Road, Hove, BN3 5DN, a Leasehold flat which sold for £485,000 in Jun 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Road, Hove, BN3 has a total of 609 addresses. According to our analysis of all the public data, 88B, Portland Road, Hove is the 407th largest and the 313th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in BN3.
88B, Portland Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 88B, Portland Road, 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 88B, Portland Road, Hove, 35.1% of property is privately owned with a mortgage and 34.4% is privately rented.
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 88B, Portland Road, Hove, 14.5% of residents are recorded as possessing school level qualifications and 60.6% 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 88B, Portland Road, Hove, the average age was 43.8 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 88B, Portland 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 88B, Portland Road, Hove, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.