According to the public record, Flat 1, 5, Glebe Villas, Hove is a period leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 5, Glebe Villas, Hove, BN3.
Glebe Villas, Hove, BN3 is located within the BN3 postal district.
Flat 1, 5, Glebe Villas, Hove has 21 entries in the Land Registry database, most recently in June 2021 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 reasonable condition, we estimate the current sale value for Flat 1 5 Glebe Villas Hove as £138,800 and the rental value as £722 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 5 Glebe Villas Hove has increased by £401 (0.3%) and its rental value has increased by £60 per month (8.3%).
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, 5, Glebe Villas, Hove is in very good condition we estimate a sale value of £145,740 and rental value of £758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,084 and a rental value of £671 per month.
If you were able to purchase this property for the estimated value of £138,800, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £682 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, 5, Glebe Villas, Hove was last sold on 11 Jun 2021 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, 5, Glebe Villas, Hove within a radius of 460 metres over the last 2 years.
The most recent example is Flat 2, 5, Glebe Villas, Hove, BN3 5SL, a Leasehold flat which sold for £100,000 in Apr 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glebe Villas, Hove, BN3 has a total of 58 addresses. According to our analysis of all the public data, Flat 1, 5, Glebe Villas, Hove is the 53rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in BN3.
Flat 1, 5, Glebe Villas, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 5, Glebe Villas, 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 Flat 1, 5, Glebe Villas, Hove, 37.9% of property is privately owned with a mortgage and 33.6% 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 Flat 1, 5, Glebe Villas, Hove, 27.4% of residents are recorded as possessing school level qualifications and 45.8% 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, 5, Glebe Villas, 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 Flat 1, 5, Glebe Villas, 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 Flat 1, 5, Glebe Villas, Hove, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.