According to the public record, Flat 11, 118, Lansdowne Place, Hove is a period leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 118, Lansdowne Place, Hove, BN3.
Lansdowne Place, Hove, BN3 is located within the BN3 postal district.
Flat 11, 118, Lansdowne Place, Hove has 41 entries in the Land Registry database, most recently in January 2007 and a single entry in the EPC database dated February 2021.
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 11 118 Lansdowne Place Hove as £177,179 and the rental value as £927 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 11 118 Lansdowne Place Hove has decreased by £2,798 (1.6%) and its rental value has increased by £59 per month (6.3%).
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 11, 118, Lansdowne Place, Hove is in very good condition we estimate a sale value of £186,038 and rental value of £973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,777 and a rental value of £862 per month.
If you were able to purchase this property for the estimated value of £177,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £871 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 11, 118, Lansdowne Place, Hove was last sold on 12 Jan 2007 for £142,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2007, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 118, Lansdowne Place, Hove within a radius of 210 metres over the last 2 years.
The most recent example is Flat 6, 23, Brunswick Place, Hove, BN3 1ND, a Leasehold flat which sold for £153,000 in Jun 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lansdowne Place, Hove, BN3 has a total of 739 addresses. According to our analysis of all the public data, Flat 11, 118, Lansdowne Place, Hove is the 664th largest and the 698th most expensive property on the street.
When compared to the postcode district it is £322k less expensive than the average property in BN3.
Flat 11, 118, Lansdowne Place, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Feb 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 11, 118, Lansdowne Place, Hove is Hove station which is 1.2 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 11, 118, Lansdowne Place, Hove, 66.4% of property is privately rented and 23.8% 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 11, 118, Lansdowne Place, Hove, 11.0% of residents are recorded as possessing school level qualifications and 65.2% 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 11, 118, Lansdowne Place, 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 11, 118, Lansdowne Place, Hove, 0.3% 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 11, 118, Lansdowne Place, Hove, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.