According to the public record, Flat 38, 121-123, Davigdor Road, Hove is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 121-123, Davigdor Road, Hove, BN3.
Davigdor Road, Hove, BN3 is located within the BN3 postal district.
Flat 38, 121-123, Davigdor Road, Hove has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated April 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 38 121-123 Davigdor Road Hove as £392,976 and the rental value as £1,598 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 38 121-123 Davigdor Road Hove has increased by £10,712 (2.7%) and its rental value has increased by £166 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 38, 121-123, Davigdor Road, Hove is in very good condition we estimate a sale value of £412,625 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,468 and a rental value of £1,486 per month.
If you were able to purchase this property for the estimated value of £392,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,931 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 38, 121-123, Davigdor Road, Hove was last sold on 16 Dec 2021 for £425,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, 121-123, Davigdor Road, Hove within a radius of 350 metres over the last 2 years.
The most recent example is Flat 5, Southdown House 4-8, Somerhill Avenue, Hove, BN3 1RW, a Leasehold flat which sold for £436,000 in Nov 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Davigdor Road, Hove, BN3 has a total of 436 addresses. According to our analysis of all the public data, Flat 38, 121-123, Davigdor Road, Hove is the 242nd largest and the 137th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in BN3.
Flat 38, 121-123, Davigdor Road, Hove has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 38, 121-123, Davigdor Road, Hove is Hove station which is 1.0 kilometres 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 38, 121-123, Davigdor Road, Hove, 25.7% of property is socially rented and 22.9% 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 38, 121-123, Davigdor Road, Hove, 17.9% of residents are recorded as possessing school level qualifications and 61.2% 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 38, 121-123, Davigdor 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 38, 121-123, Davigdor 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 38, 121-123, Davigdor 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.