According to the public record, Flat 12, The Ambassadors, Hove is a mid-century leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in The Ambassadors, Wilbury Road, Hove, BN3.
Wilbury Road, Hove, BN3 is located within the BN3 postal district.
Flat 12, The Ambassadors, Hove has 2 entries in the Land Registry database, most recently in December 2012 and a single entry in the EPC database dated August 2012.
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 The Ambassadors Hove as £196,737 and the rental value as £1,029 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 12 The Ambassadors Hove has decreased by £3,401 (1.7%) and its rental value has increased by £65 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 12, The Ambassadors, Hove is in very good condition we estimate a sale value of £206,574 and rental value of £1,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,966 and a rental value of £957 per month.
If you were able to purchase this property for the estimated value of £196,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £967 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, The Ambassadors, Hove was last sold on 11 Dec 2012 for £137,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2012, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, The Ambassadors, Hove within a radius of 240 metres over the last 2 years.
The most recent example is 54, Marlborough Court 46-48, The Drive, Hove, BN3 3JX, a Leasehold flat which sold for £115,000 in Dec 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilbury Road, Hove, BN3 has a total of 638 addresses. According to our analysis of all the public data, Flat 12, The Ambassadors, Hove is the 582nd largest and the 606th most expensive property on the street.
When compared to the postcode district it is £303k less expensive than the average property in BN3.
Flat 12, The Ambassadors, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to Flat 12, The Ambassadors, Hove is Hove station which is 800 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 12, The Ambassadors, Hove, 70.5% of property is privately rented and 15.0% 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 12, The Ambassadors, Hove, 13.7% of residents are recorded as possessing school level qualifications and 55.2% 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 12, The Ambassadors, 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 12, The Ambassadors, Hove, 0.6% 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 12, The Ambassadors, 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.