According to the public record, 233C, New Church Road, Hove is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 233, New Church Road, Hove, BN3.
New Church Road, Hove, BN3 is located within the BN3 postal district.
233C, New Church Road, Hove has 31 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated February 2015.
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 233C New Church Road Hove as £342,682 and the rental value as £1,606 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 233C New Church Road Hove has increased by £2,635 (0.8%) and its rental value has increased by £139 per month (8.7%).
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 233C, New Church Road, Hove is in very good condition we estimate a sale value of £359,816 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,694 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £342,682, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,684 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, 233C, New Church Road, Hove was last sold on 05 Apr 2023 for £400,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 233C, New Church Road, Hove within a radius of 400 metres over the last 2 years.
The most recent example is Flat 2, 94, St. Leonards Road, Hove, BN3 4QS, a Leasehold flat which sold for £390,000 in Sep 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Church Road, Hove, BN3 has a total of 708 addresses. According to our analysis of all the public data, 233C, New Church Road, Hove is the 283rd largest and the 368th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in BN3.
233C, New Church Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2015.
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 233C, New Church Road, Hove is Portslade station which is 300 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 233C, New Church Road, Hove, 56.1% of property is privately rented and 24.2% 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 233C, New Church Road, Hove, 19.7% of residents are recorded as possessing school level qualifications and 40.3% 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 233C, New Church Road, Hove, the average age was 38.8 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 233C, New Church Road, Hove, 0.8% 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 233C, New Church Road, Hove, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.