According to the public record, Flat 4, Balmoral Court 231-237, Hove is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Balmoral Court, Nevill Road, Hove, BN3.
Nevill Road, Hove, BN3 is located within the BN3 postal district.
Flat 4, Balmoral Court 231-237, Hove has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated October 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 4 Balmoral Court 231-237 Hove as £274,499 and the rental value as £1,387 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 4 Balmoral Court 231-237 Hove has increased by £3,214 (1.2%) and its rental value has increased by £127 per month (9.2%).
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 4, Balmoral Court 231-237, Hove is in very good condition we estimate a sale value of £288,224 and rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,284 and a rental value of £1,290 per month.
If you were able to purchase this property for the estimated value of £274,499, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,349 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 4, Balmoral Court 231-237, Hove was last sold on 21 Jun 2013 for £174,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Balmoral Court 231-237, Hove within a radius of 570 metres over the last 2 years.
The most recent example is Flat 15, Balmoral Court 231-237, Nevill Road, Hove, BN3 7QP, a Leasehold flat which sold for £255,000 in May 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nevill Road, Hove, BN3 has a total of 243 addresses. According to our analysis of all the public data, Flat 4, Balmoral Court 231-237, Hove is the 194th largest and the 196th most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in BN3.
Flat 4, Balmoral Court 231-237, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Balmoral Court 231-237, Hove is Aldrington station which is 1.4 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 4, Balmoral Court 231-237, Hove, 38.8% of property is privately owned with a mortgage and 37.2% 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 4, Balmoral Court 231-237, Hove, 18.0% of residents are recorded as possessing school level qualifications and 47.1% 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 4, Balmoral Court 231-237, Hove, the average age was 42.8 and the most common age was 47.
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 4, Balmoral Court 231-237, 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 4, Balmoral Court 231-237, Hove, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.