According to the public record, Flat 5, Kings Court 9, Hove is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Kings Court, Kings Gardens, Hove, BN3.
Kings Gardens, Hove, BN3 is located within the BN3 postal district.
Flat 5, Kings Court 9, Hove has 61 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated April 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 5 Kings Court 9 Hove as £277,996 and the rental value as £1,382 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 5 Kings Court 9 Hove has decreased by £652 (0.2%) and its rental value has increased by £110 per month (8.0%).
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 5, Kings Court 9, Hove is in very good condition we estimate a sale value of £291,896 and rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,537 and a rental value of £1,286 per month.
If you were able to purchase this property for the estimated value of £277,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,366 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 5, Kings Court 9, Hove was last sold on 28 Jun 2021 for £305,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jun 2021, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Kings Court 9, Hove within a radius of 310 metres over the last 2 years.
The most recent example is Flat 2, 3, Third Avenue, Hove, BN3 2PB, a Leasehold flat which sold for £220,000 in Nov 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Gardens, Hove, BN3 has a total of 117 addresses. According to our analysis of all the public data, Flat 5, Kings Court 9, Hove is the 105th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in BN3.
Flat 5, Kings Court 9, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2012.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Kings Court 9, Hove is Hove station which is 1.1 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 5, Kings Court 9, Hove, 38.1% of property is privately owned outright and 34.9% is privately rented.
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 5, Kings Court 9, Hove, 8.7% of residents are recorded as possessing school level qualifications and 59.0% 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 5, Kings Court 9, 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 5, Kings Court 9, Hove, 4.2% 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 5, Kings Court 9, Hove, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.