According to the public record, Flat 6, 9, Albany Villas, Hove is a period leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 9, Albany Villas, Hove, BN3.
Albany Villas, Hove, BN3 is located within the BN3 postal district.
Flat 6, 9, Albany Villas, Hove has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated February 2021.
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 6 9 Albany Villas Hove as £326,115 and the rental value as £1,302 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 6 9 Albany Villas Hove has increased by £2,239 (0.7%) and its rental value has increased by £117 per month (9.0%).
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 6, 9, Albany Villas, Hove is in very good condition we estimate a sale value of £342,421 and rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,287 and a rental value of £1,211 per month.
If you were able to purchase this property for the estimated value of £326,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,603 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 6, 9, Albany Villas, Hove was last sold on 13 Dec 2021 for £254,000 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 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 9, Albany Villas, Hove within a radius of 270 metres over the last 2 years.
The most recent example is Flat 8, 39, Medina Villas, Hove, BN3 2RP, a Leasehold flat which sold for £250,000 in Sep 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Villas, Hove, BN3 has a total of 183 addresses. According to our analysis of all the public data, Flat 6, 9, Albany Villas, Hove is the 158th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in BN3.
Flat 6, 9, Albany Villas, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2021.
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 6, 9, Albany Villas, 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 6, 9, Albany Villas, Hove, 50.9% of property is privately rented and 25.9% 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 6, 9, Albany Villas, Hove, 10.8% of residents are recorded as possessing school level qualifications and 60.5% 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 6, 9, Albany Villas, 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 6, 9, Albany Villas, 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 6, 9, Albany Villas, 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.