According to the public record, Flat 3, 45, Tisbury Road, Hove is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 45, Tisbury Road, Hove, BN3.
Tisbury Road, Hove, BN3 is located within the BN3 postal district.
Flat 3, 45, Tisbury Road, Hove has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 2022.
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 45 Tisbury Road Hove as £410,694 and the rental value as £1,684 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 3 45 Tisbury Road Hove has increased by £8,629 (2.1%) and its rental value has increased by £177 per month (10.5%).
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, 45, Tisbury Road, Hove is in very good condition we estimate a sale value of £431,228 and rental value of £1,768 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,945 and a rental value of £1,566 per month.
If you were able to purchase this property for the estimated value of £410,694, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,018 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, 45, Tisbury Road, Hove was last sold on 13 Sep 2022 for £387,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 45, Tisbury Road, Hove within a radius of 240 metres over the last 2 years.
The most recent example is 76A, Tisbury Road, Hove, BN3 3BB, a Leasehold flat which sold for £377,500 in Nov 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tisbury Road, Hove, BN3 has a total of 325 addresses. According to our analysis of all the public data, Flat 3, 45, Tisbury Road, Hove is the 33rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in BN3.
Flat 3, 45, Tisbury Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2022.
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, 45, Tisbury Road, 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, 45, Tisbury Road, Hove, 65.6% of property is privately rented and 22.8% 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, 45, Tisbury Road, Hove, 11.1% of residents are recorded as possessing school level qualifications and 60.4% 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, 45, Tisbury 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, 45, Tisbury 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, 45, Tisbury Road, Hove, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.