According to the public record, Flat 15, 9, The Upper Drive, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 785 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 9, The Upper Drive, Hove, BN3.
The Upper Drive, Hove, BN3 is located within the BN3 postal district.
Flat 15, 9, The Upper Drive, Hove has a single entry in the Land Registry database from April 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 15 9 The Upper Drive Hove as £487,486 and the rental value as £1,858 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 15 9 The Upper Drive Hove has increased by £205 (0.0%) and its rental value has increased by £152 per month (8.2%).
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 15, 9, The Upper Drive, Hove is in very good condition we estimate a sale value of £511,861 and rental value of £1,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,362 and a rental value of £1,728 per month.
If you were able to purchase this property for the estimated value of £487,486, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,396 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 15, 9, The Upper Drive, Hove was last sold on 30 Apr 2010 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2010, the market for similar properties has risen 56.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 9, The Upper Drive, Hove within a radius of 400 metres over the last 2 years.
The most recent example is Flat 8, The Point 19, The Upper Drive, Hove, BN3 6GR, a Leasehold flat which sold for £425,000 in Aug 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Upper Drive, Hove, BN3 has a total of 136 addresses. According to our analysis of all the public data, Flat 15, 9, The Upper Drive, Hove is the 71st largest and the 60th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in BN3.
The closest station to Flat 15, 9, The Upper Drive, Hove is Hove station which is 500 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 15, 9, The Upper Drive, Hove, 37.3% of property is privately rented and 23.2% 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 15, 9, The Upper Drive, Hove, 16.6% of residents are recorded as possessing school level qualifications and 41.0% 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 15, 9, The Upper Drive, Hove, the average age was 39.1 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 15, 9, The Upper Drive, Hove, 1.0% 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 15, 9, The Upper Drive, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.