According to the public record, Flat 2, 57, Westbourne Street, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 744 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 57, Westbourne Street, Hove, BN3.
Westbourne Street, Hove, BN3 is located within the BN3 postal district.
Flat 2, 57, Westbourne Street, Hove has 2 entries in the Land Registry database, most recently in April 2021 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 reasonable condition, we estimate the current sale value for Flat 2 57 Westbourne Street Hove as £378,060 and the rental value as £1,625 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 2 57 Westbourne Street Hove has increased by £7,050 (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, 57, Westbourne Street, Hove is in very good condition we estimate a sale value of £396,963 and rental value of £1,706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,596 and a rental value of £1,511 per month.
If you were able to purchase this property for the estimated value of £378,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,858 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, 57, Westbourne Street, Hove was last sold on 16 Apr 2021 for £337,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 57, Westbourne Street, Hove within a radius of 320 metres over the last 2 years.
The most recent example is 24A, Portland Road, Hove, BN3 5DJ, a Leasehold flat which sold for £397,500 in Aug 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westbourne Street, Hove, BN3 has a total of 310 addresses. According to our analysis of all the public data, Flat 2, 57, Westbourne Street, Hove is the 146th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in BN3.
The closest station to Flat 2, 57, Westbourne Street, Hove is Aldrington 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 2, 57, Westbourne Street, Hove, 41.0% of property is privately rented and 32.1% 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, 57, Westbourne Street, Hove, 15.8% of residents are recorded as possessing school level qualifications and 61.8% 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, 57, Westbourne Street, Hove, the average age was 43.8 and the most common age was 32.
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, 57, Westbourne 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, 57, Westbourne Street, Hove, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.