According to the public record, Flat 3, 21, Vallance Gardens, Hove is a period leasehold apartment with 454 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 21, Vallance Gardens, Hove, BN3.
Vallance Gardens, Hove, BN3 is located within the BN3 postal district.
Flat 3, 21, Vallance Gardens, Hove has 41 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated February 2010.
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 3 21 Vallance Gardens Hove as £241,218 and the rental value as £1,200 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 21 Vallance Gardens Hove has decreased by £3,982 (1.7%) and its rental value has increased by £77 per month (6.4%).
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 3, 21, Vallance Gardens, Hove is in very good condition we estimate a sale value of £253,279 and rental value of £1,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,333 and a rental value of £1,116 per month.
If you were able to purchase this property for the estimated value of £241,218, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,186 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 3, 21, Vallance Gardens, Hove was last sold on 20 Aug 2013 for £122,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2013, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 21, Vallance Gardens, Hove within a radius of 310 metres over the last 2 years.
The most recent example is Flat 4, 5, St. Aubyns, Hove, BN3 2TG, a Leasehold flat which sold for £260,000 in Mar 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vallance Gardens, Hove, BN3 has a total of 74 addresses. According to our analysis of all the public data, Flat 3, 21, Vallance Gardens, Hove is the 65th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £258k less expensive than the average property in BN3.
Flat 3, 21, Vallance Gardens, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2010.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 21, Vallance Gardens, Hove is Hove station which is 1.1 kilometres 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 3, 21, Vallance Gardens, Hove, 42.9% of property is privately rented and 24.8% 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 3, 21, Vallance Gardens, Hove, 12.2% of residents are recorded as possessing school level qualifications and 47.0% 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 3, 21, Vallance Gardens, 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 3, 21, Vallance Gardens, 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 3, 21, Vallance Gardens, 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.