According to the public record, Flat 3, 54, Highdown Road, Hove is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 54, Highdown Road, Hove, BN3.
Highdown Road, Hove, BN3 is located within the BN3 postal district.
Flat 3, 54, Highdown Road, Hove has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated May 2012.
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 54 Highdown Road Hove as £306,815 and the rental value as £1,420 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 3 54 Highdown Road Hove has increased by £8,600 (2.8%) and its rental value has increased by £147 per month (10.4%).
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, 54, Highdown Road, Hove is in very good condition we estimate a sale value of £322,156 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,338 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £306,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,508 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, 54, Highdown Road, Hove was last sold on 13 Dec 2021 for £297,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 54, Highdown Road, Hove within a radius of 340 metres over the last 2 years.
The most recent example is 46B, Highdown Road, Hove, BN3 6ED, a Leasehold flat which sold for £297,500 in Jan 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highdown Road, Hove, BN3 has a total of 119 addresses. According to our analysis of all the public data, Flat 3, 54, Highdown Road, Hove is the 101st largest and the 101st most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in BN3.
Flat 3, 54, Highdown Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2012.
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, 54, Highdown Road, Hove is Brighton station which is 900 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, 54, Highdown Road, Hove, 36.8% of property is privately owned with a mortgage and 33.0% 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, 54, Highdown Road, Hove, 23.5% of residents are recorded as possessing school level qualifications and 67.4% 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, 54, Highdown Road, 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, 54, Highdown 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, 54, Highdown Road, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.