According to the public record, Flat 22, 9, The Upper Drive, Hove is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 9, The Upper Drive, Hove, BN3.
The Upper Drive, Hove, BN3 is located within the BN3 postal district.
Flat 22, 9, The Upper Drive, Hove has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated December 2018.
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 good condition, we estimate the current sale value for Flat 22 9 The Upper Drive Hove as £541,639 and the rental value as £2,079 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 22 9 The Upper Drive Hove has increased by £739 (0.1%) and its rental value has increased by £173 per month (8.3%).
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 22, 9, The Upper Drive, Hove is in very good condition we estimate a sale value of £568,721 and rental value of £2,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,725 and a rental value of £1,934 per month.
If you were able to purchase this property for the estimated value of £541,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,662 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 22, 9, The Upper Drive, Hove was last sold on 26 May 2022 for £468,620 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 9, The Upper Drive, Hove within a radius of 400 metres over the last 2 years.
The most recent example is Flat 16, 9, The Upper Drive, Hove, BN3 6GR, a Leasehold flat which sold for £459,950 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 22, 9, The Upper Drive, Hove is the 51st largest and the 48th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in BN3.
Flat 22, 9, The Upper Drive, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 22, 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 22, 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 22, 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 22, 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 22, 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 22, 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.