According to the public record, Flat 1, 10, Grand Avenue, Hove is a period leasehold apartment with 2,163 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 10, Grand Avenue, Hove, BN3.
Grand Avenue, Hove, BN3 is located within the BN3 postal district.
Flat 1, 10, Grand Avenue, Hove has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated July 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 Flat 1 10 Grand Avenue Hove as £927,242 and the rental value as £3,420 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 1 10 Grand Avenue Hove has increased by £22,900 (2.5%) and its rental value has increased by £373 per month (10.9%).
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 Flat 1, 10, Grand Avenue, Hove is in very good condition we estimate a sale value of £973,604 and rental value of £3,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £862,335 and a rental value of £3,181 per month.
If you were able to purchase this property for the estimated value of £927,242, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,557 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, Flat 1, 10, Grand Avenue, Hove was last sold on 16 Feb 2021 for £1,200,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 10, Grand Avenue, Hove within a radius of 240 metres over the last 2 years.
The most recent example is Flat 7, Arundel House 22, The Drive, Hove, BN3 3JD, a Leasehold flat which sold for £950,000 in Jul 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grand Avenue, Hove, BN3 has a total of 421 addresses. According to our analysis of all the public data, Flat 1, 10, Grand Avenue, Hove is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £428k more expensive than the average property in BN3.
Flat 1, 10, Grand Avenue, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 10, Grand Avenue, Hove is Hove station which is 1.0 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 Flat 1, 10, Grand Avenue, Hove, 65.1% of property is privately rented and 17.1% 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 Flat 1, 10, Grand Avenue, Hove, 15.8% of residents are recorded as possessing school level qualifications and 57.5% 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 Flat 1, 10, Grand Avenue, 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 Flat 1, 10, Grand Avenue, Hove, 2.6% 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 Flat 1, 10, Grand Avenue, 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.