According to the public record, Flat 8, Alveston Court 85-87, Hove is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alveston Court, Holland Road, Hove, BN3.
Holland Road, Hove, BN3 is located within the BN3 postal district.
Flat 8, Alveston Court 85-87, Hove has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated May 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 8 Alveston Court 85-87 Hove as £394,749 and the rental value as £1,558 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 8 Alveston Court 85-87 Hove has increased by £8,728 (2.2%) and its rental value has increased by £161 per month (10.3%).
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 8, Alveston Court 85-87, Hove is in very good condition we estimate a sale value of £414,487 and rental value of £1,636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,117 and a rental value of £1,449 per month.
If you were able to purchase this property for the estimated value of £394,749, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,940 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 8, Alveston Court 85-87, Hove was last sold on 04 Jun 2007 for £216,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 51.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Alveston Court 85-87, Hove within a radius of 250 metres over the last 2 years.
The most recent example is 33A Gwydyr Mansions, Holland Road, Hove, BN3 1JW, a Leasehold flat which sold for £420,000 in Oct 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holland Road, Hove, BN3 has a total of 603 addresses. According to our analysis of all the public data, Flat 8, Alveston Court 85-87, Hove is the 243rd largest and the 169th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in BN3.
Flat 8, Alveston Court 85-87, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 8, Alveston Court 85-87, 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 8, Alveston Court 85-87, Hove, 42.9% of property is privately rented and 30.2% 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 8, Alveston Court 85-87, Hove, 11.8% of residents are recorded as possessing school level qualifications and 52.7% 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 8, Alveston Court 85-87, 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 8, Alveston Court 85-87, 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 8, Alveston Court 85-87, 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.