According to the public record, Ground Floor, 50, Stirling Place, Hove is a period leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 50, Stirling Place, Hove, BN3.
Stirling Place, Hove, BN3 is located within the BN3 postal district.
Ground Floor, 50, Stirling Place, Hove has 31 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated November 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 Ground Floor 50 Stirling Place Hove as £308,845 and the rental value as £1,568 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Ground Floor 50 Stirling Place Hove has increased by £5,726 (1.9%) and its rental value has increased by £161 per month (10.2%).
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 Ground Floor, 50, Stirling Place, Hove is in very good condition we estimate a sale value of £324,287 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,226 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £308,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,518 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, Ground Floor, 50, Stirling Place, Hove was last sold on 12 Dec 2014 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2014, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor, 50, Stirling Place, Hove within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1, 59, Sackville Road, Hove, BN3 3WD, a Leasehold flat which sold for £260,000 in Apr 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stirling Place, Hove, BN3 has a total of 59 addresses. According to our analysis of all the public data, Ground Floor, 50, Stirling Place, Hove is the 38th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in BN3.
Ground Floor, 50, Stirling Place, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2021.
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 Ground Floor, 50, Stirling Place, Hove is Hove station which is 700 metres 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 Ground Floor, 50, Stirling Place, Hove, 36.7% of property is privately rented and 36.0% 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 Ground Floor, 50, Stirling Place, Hove, 22.7% of residents are recorded as possessing school level qualifications and 54.2% 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 Ground Floor, 50, Stirling Place, Hove, the average age was 39.1 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 Ground Floor, 50, Stirling Place, Hove, 0.3% 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 Ground Floor, 50, Stirling Place, 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.