According to the public record, Basement Flat, 16, Waterloo Street, Hove is a period apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 16, Waterloo Street, Hove, BN3.
Waterloo Street, Hove, BN3 is located within the BN3 postal district.
Basement Flat, 16, Waterloo Street, Hove has no records in the Land Registry database and a single entry in the EPC database dated February 2015.
We combine this information with public data 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 Basement Flat 16 Waterloo Street Hove as £324,865 and the rental value as £1,424 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Basement Flat 16 Waterloo Street Hove has increased by £6,972 (2.1%) and its rental value has increased by £146 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 Basement Flat, 16, Waterloo Street, Hove is in very good condition we estimate a sale value of £341,108 and rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,124 and a rental value of £1,324 per month.
If you were able to purchase this property for the estimated value of £324,865, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,597 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 16, Waterloo Street, Hove within a radius of 210 metres over the last 2 years.
The most recent example is 19, Chapel Mews, Hove, BN3 1AR, a Leasehold flat which sold for £330,000 in Nov 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterloo Street, Hove, BN3 has a total of 264 addresses. According to our analysis of all the public data, Basement Flat, 16, Waterloo Street, Hove is the 66th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in BN3.
Basement Flat, 16, Waterloo Street, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Basement Flat, 16, Waterloo Street, Hove is Brighton station which is 1.3 kilometres 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 Basement Flat, 16, Waterloo Street, Hove, 62.4% of property is privately rented and 23.3% 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 Basement Flat, 16, Waterloo Street, Hove, 9.7% of residents are recorded as possessing school level qualifications and 64.9% 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 Basement Flat, 16, Waterloo Street, Hove, the average age was 38.2 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 Basement Flat, 16, Waterloo 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 Basement Flat, 16, Waterloo Street, Hove, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.