According to the public record, Flat 38, Hove Manor, Hove is a early-century leasehold apartment with 288 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Hove Manor, Hove Street, Hove, BN3.
Hove Street, Hove, BN3 is located within the BN3 postal district.
Flat 38, Hove Manor, Hove has 2 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated December 2008.
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 Hove Manor Hove as £191,651 and the rental value as £939 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 38 Hove Manor Hove has decreased by £3,164 (1.7%) and its rental value has increased by £60 per month (6.4%).
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, Hove Manor, Hove is in very good condition we estimate a sale value of £201,234 and rental value of £986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,236 and a rental value of £873 per month.
If you were able to purchase this property for the estimated value of £191,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £942 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, Hove Manor, Hove was last sold on 03 Oct 2014 for £126,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2014, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, Hove Manor, Hove within a radius of 330 metres over the last 2 years.
The most recent example is 53, Viceroy Lodge 143, Kingsway, Hove, BN3 4RB, a Leasehold flat which sold for £170,000 in Jul 2018.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hove Street, Hove, BN3 has a total of 172 addresses. According to our analysis of all the public data, Flat 38, Hove Manor, Hove is the 165th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £308k less expensive than the average property in BN3.
Flat 38, Hove Manor, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Dec 2008.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 38, Hove Manor, Hove is Aldrington 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, Hove Manor, Hove, 36.0% of property is privately rented and 30.4% 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 38, Hove Manor, Hove, 17.8% of residents are recorded as possessing school level qualifications and 53.4% 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 38, Hove Manor, Hove, the average age was 43.8 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, Hove Manor, Hove, 0.4% 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, Hove Manor, 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.