According to the public record, Flat 8, Riviera Court 13-15, Hove is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Riviera Court, Lansdowne Place, Hove, BN3.
Lansdowne Place, Hove, BN3 is located within the BN3 postal district.
Flat 8, Riviera Court 13-15, Hove has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated October 2019.
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 Riviera Court 13-15 Hove as £374,266 and the rental value as £1,521 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 8 Riviera Court 13-15 Hove has increased by £9,065 (2.4%) and its rental value has increased by £162 per month (10.7%).
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, Riviera Court 13-15, Hove is in very good condition we estimate a sale value of £392,980 and rental value of £1,598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,068 and a rental value of £1,415 per month.
If you were able to purchase this property for the estimated value of £374,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,839 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, Riviera Court 13-15, Hove was last sold on 06 Oct 2023 for £385,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Riviera Court 13-15, Hove within a radius of 260 metres over the last 2 years.
The most recent example is Flat 5, 25, Lansdowne Place, Hove, BN3 1HF, a Leasehold flat which sold for £365,000 in Aug 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lansdowne Place, Hove, BN3 has a total of 739 addresses. According to our analysis of all the public data, Flat 8, Riviera Court 13-15, Hove is the 371st largest and the 216th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in BN3.
Flat 8, Riviera Court 13-15, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2019.
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 8, Riviera Court 13-15, Hove is Hove 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 8, Riviera Court 13-15, Hove, 71.4% of property is privately rented and 18.0% 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 8, Riviera Court 13-15, Hove, 9.2% of residents are recorded as possessing school level qualifications and 59.8% 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, Riviera Court 13-15, Hove, the average age was 38.2 and the most common age was 27.
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, Riviera Court 13-15, 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, Riviera Court 13-15, Hove, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.