According to the public record, Flat 3, 4, Selborne Place, Hove is a period leasehold apartment with 339 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 4, Selborne Place, Hove, BN3.
Selborne Place, Hove, BN3 is located within the BN3 postal district.
Flat 3, 4, Selborne Place, Hove has 41 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated September 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 4 Selborne Place Hove as £201,313 and the rental value as £1,009 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 4 Selborne Place Hove has increased by £1,632 (0.8%) and its rental value has increased by £90 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, 4, Selborne Place, Hove is in very good condition we estimate a sale value of £211,379 and rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,221 and a rental value of £939 per month.
If you were able to purchase this property for the estimated value of £201,313, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £989 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, 4, Selborne Place, Hove was last sold on 28 Nov 2017 for £206,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2017, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 4, Selborne Place, Hove within a radius of 320 metres over the last 2 years.
The most recent example is Flat 10, 99-100, Cromwell Road, Hove, BN3 3EG, a Leasehold flat which sold for £210,000 in Apr 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selborne Place, Hove, BN3 has a total of 39 addresses. According to our analysis of all the public data, Flat 3, 4, Selborne Place, Hove is the 35th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £298k less expensive than the average property in BN3.
Flat 3, 4, Selborne Place, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 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, 4, Selborne Place, Hove is Hove station which is 600 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, 4, Selborne Place, Hove, 47.7% of property is privately rented and 25.2% 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, 4, Selborne Place, Hove, 15.9% of residents are recorded as possessing school level qualifications and 53.9% 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, 4, Selborne Place, Hove, the average age was 40.7 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, 4, Selborne Place, 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, 4, Selborne Place, 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.