According to the public record, Flat 3, 30, Selborne Road, Hove is a period leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 30, Selborne Road, Hove, BN3.
Selborne Road, Hove, BN3 is located within the BN3 postal district.
Flat 3, 30, Selborne Road, Hove has a single entry in the Land Registry database from July 2008 and a single entry in the EPC database dated March 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 reasonable condition, we estimate the current sale value for Flat 3 30 Selborne Road Hove as £209,375 and the rental value as £871 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 3 30 Selborne Road Hove has increased by £1,555 (0.7%) and its rental value has increased by £78 per month (9.0%).
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, 30, Selborne Road, Hove is in very good condition we estimate a sale value of £219,843 and rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,718 and a rental value of £810 per month.
If you were able to purchase this property for the estimated value of £209,375, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,029 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, 30, Selborne Road, Hove was last sold on 02 Jul 2008 for £117,914 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2008, the market for similar properties has risen 65.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 30, Selborne Road, Hove within a radius of 270 metres over the last 2 years.
The most recent example is Flat 1A, 24, Selborne Road, Hove, BN3 3AG, a Leasehold flat which sold for £200,000 in Feb 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selborne Road, Hove, BN3 has a total of 237 addresses. According to our analysis of all the public data, Flat 3, 30, Selborne Road, Hove is the 236th largest and the 211th most expensive property on the street.
When compared to the postcode district it is £290k less expensive than the average property in BN3.
Flat 3, 30, Selborne Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 3, 30, Selborne Road, Hove is Hove station which is 800 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, 30, Selborne Road, Hove, 62.8% of property is privately rented and 25.0% 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 3, 30, Selborne Road, Hove, 6.9% of residents are recorded as possessing school level qualifications and 67.3% 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, 30, Selborne Road, Hove, the average age was 39.7 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 3, 30, Selborne Road, 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, 30, Selborne Road, Hove, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.