According to the public record, Flat 2, 25, Arthur Street, Hove is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 25, Arthur Street, Hove, BN3.
Arthur Street, Hove, BN3 is located within the BN3 postal district.
Flat 2, 25, Arthur Street, Hove has a single entry in the Land Registry database from November 2016 and a single entry in the EPC database dated April 2016.
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 2 25 Arthur Street Hove as £335,244 and the rental value as £1,623 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 2 25 Arthur Street Hove has increased by £6,297 (1.9%) and its rental value has increased by £166 per month (10.2%).
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 2, 25, Arthur Street, Hove is in very good condition we estimate a sale value of £352,006 and rental value of £1,705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,777 and a rental value of £1,510 per month.
If you were able to purchase this property for the estimated value of £335,244, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,648 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 2, 25, Arthur Street, Hove was last sold on 21 Nov 2016 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 25, Arthur Street, Hove within a radius of 350 metres over the last 2 years.
The most recent example is Flat 1, 1B, Shelley Road, Hove, BN3 5FQ, a Leasehold flat which sold for £310,000 in Jun 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arthur Street, Hove, BN3 has a total of 54 addresses. According to our analysis of all the public data, Flat 2, 25, Arthur Street, Hove is the 17th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in BN3.
Flat 2, 25, Arthur Street, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2016.
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 2, 25, Arthur Street, Hove is Aldrington station which is 100 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 2, 25, Arthur Street, Hove, 42.5% of property is privately rented and 38.6% 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 2, 25, Arthur Street, Hove, 19.8% of residents are recorded as possessing school level qualifications and 55.1% 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 2, 25, Arthur Street, Hove, the average age was 36.8 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 2, 25, Arthur Street, 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 2, 25, Arthur Street, Hove, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.