According to the public record, Flat 2, Grange Court 91, Hove is a early-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Grange Court, Payne Avenue, Hove, BN3.
Payne Avenue, Hove, BN3 is located within the BN3 postal district.
Flat 2, Grange Court 91, Hove has 2 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated June 2015.
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 Grange Court 91 Hove as £298,801 and the rental value as £1,491 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 2 Grange Court 91 Hove has increased by £4,472 (1.5%) and its rental value has increased by £146 per month (9.8%).
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 2, Grange Court 91, Hove is in very good condition we estimate a sale value of £313,741 and rental value of £1,565 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,885 and a rental value of £1,386 per month.
If you were able to purchase this property for the estimated value of £298,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,469 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, Grange Court 91, Hove was last sold on 26 Oct 2017 for £317,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2017, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Grange Court 91, Hove within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, Grange Court 91, Payne Avenue, Hove, BN3 5HD, a Leasehold flat which sold for £306,000 in Nov 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Payne Avenue, Hove, BN3 has a total of 92 addresses. According to our analysis of all the public data, Flat 2, Grange Court 91, Hove is the 72nd largest and the 70th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in BN3.
Flat 2, Grange Court 91, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2015.
The property is connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to Flat 2, Grange Court 91, Hove is Aldrington station which is 400 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, Grange Court 91, Hove, 45.6% of property is privately owned with a mortgage and 32.5% is privately rented.
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, Grange Court 91, Hove, 23.7% of residents are recorded as possessing school level qualifications and 54.6% 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, Grange Court 91, 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, Grange Court 91, Hove, 0.2% 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, Grange Court 91, 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.