According to the public record, Flat 3, 214, Portland Road, Hove is a period leasehold apartment with 1,176 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 214, Portland Road, Hove, BN3.
Portland Road, Hove, BN3 is located within the BN3 postal district.
Flat 3, 214, Portland Road, Hove has 2 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated September 2011.
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 3 214 Portland Road Hove as £375,445 and the rental value as £1,808 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 3 214 Portland Road Hove has increased by £9,343 (2.5%) and its rental value has increased by £195 per month (10.8%).
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 3, 214, Portland Road, Hove is in very good condition we estimate a sale value of £394,217 and rental value of £1,898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,164 and a rental value of £1,681 per month.
If you were able to purchase this property for the estimated value of £375,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,845 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, 214, Portland Road, Hove was last sold on 31 Aug 2018 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, 214, Portland Road, Hove within a radius of 360 metres over the last 2 years.
The most recent example is 202A, Portland Road, Hove, BN3 5QN, a Leasehold flat which sold for £139,000 in May 2007.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Road, Hove, BN3 has a total of 609 addresses. According to our analysis of all the public data, Flat 3, 214, Portland Road, Hove is the 111th largest and the 185th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in BN3.
Flat 3, 214, Portland Road, Hove has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Sep 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 214, Portland Road, Hove is Aldrington station which is 700 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 3, 214, Portland Road, Hove, 50.7% of property is privately owned with a mortgage and 39.0% 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, 214, Portland Road, Hove, 30.8% of residents are recorded as possessing school level qualifications and 60.6% 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 3, 214, Portland Road, Hove, the average age was 43 and the most common age was 52.
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, 214, Portland Road, Hove, 2.7% 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, 214, Portland Road, Hove, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.