According to the public record, Flat 3, 53, Wilbury Road, Hove is a period leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 53, Wilbury Road, Hove, BN3.
Wilbury Road, Hove, BN3 is located within the BN3 postal district.
Flat 3, 53, Wilbury Road, Hove has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated October 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 53 Wilbury Road Hove as £484,558 and the rental value as £1,871 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 3 53 Wilbury Road Hove has increased by £11,942 (2.5%) and its rental value has increased by £204 per month (10.9%).
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, 53, Wilbury Road, Hove is in very good condition we estimate a sale value of £508,786 and rental value of £1,965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,639 and a rental value of £1,740 per month.
If you were able to purchase this property for the estimated value of £484,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,381 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, 53, Wilbury Road, Hove was last sold on 31 Jan 2019 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 53, Wilbury Road, Hove within a radius of 270 metres over the last 2 years.
The most recent example is Flat 4, 57-59, Wilbury Road, Hove, BN3 3PB, a Leasehold flat which sold for £400,000 in Aug 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilbury Road, Hove, BN3 has a total of 638 addresses. According to our analysis of all the public data, Flat 3, 53, Wilbury Road, Hove is the 127th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in BN3.
Flat 3, 53, Wilbury Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Oct 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 53, Wilbury Road, Hove is Hove station which is 500 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, 53, Wilbury Road, Hove, 43.1% of property is privately rented and 26.6% 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, 53, Wilbury Road, Hove, 12.8% of residents are recorded as possessing school level qualifications and 56.2% 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, 53, Wilbury Road, Hove, the average age was 39.1 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, 53, Wilbury Road, Hove, 1.4% 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, 53, Wilbury Road, Hove, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.