According to the public record, Flat 12, 10, Cambridge Road, Hove is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 10, Cambridge Road, Hove, BN3.
Cambridge Road, Hove, BN3 is located within the BN3 postal district.
Flat 12, 10, Cambridge Road, Hove has 2 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated November 2023.
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 12 10 Cambridge Road Hove as £238,754 and the rental value as £1,243 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 12 10 Cambridge Road Hove has decreased by £261 (0.1%) and its rental value has increased by £97 per month (7.8%).
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 12, 10, Cambridge Road, Hove is in very good condition we estimate a sale value of £250,691 and rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,041 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £238,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,173 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 12, 10, Cambridge Road, Hove was last sold on 17 Apr 2018 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2018, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 10, Cambridge Road, Hove within a radius of 190 metres over the last 2 years.
The most recent example is 10A, York Road, Hove, BN3 1DL, a Leasehold flat which sold for £242,500 in Jul 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Road, Hove, BN3 has a total of 269 addresses. According to our analysis of all the public data, Flat 12, 10, Cambridge Road, Hove is the 183rd largest and the 226th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in BN3.
Flat 12, 10, Cambridge Road, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 12, 10, Cambridge Road, Hove is Brighton station which is 1.1 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 12, 10, Cambridge Road, Hove, 66.7% of property is privately rented and 20.0% 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 12, 10, Cambridge Road, Hove, 8.6% of residents are recorded as possessing school level qualifications and 61.5% 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 12, 10, Cambridge Road, 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 Flat 12, 10, Cambridge Road, Hove, 2.1% 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 12, 10, Cambridge Road, 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.