According to the public record, Ground Floor Flat, 1, Poplar Avenue, Hove is a early-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1, Poplar Avenue, Hove, BN3.
Poplar Avenue, Hove, BN3 is located within the BN3 postal district.
Ground Floor Flat, 1, Poplar Avenue, Hove has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated June 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 Flat 1 Poplar Avenue Hove as £298,560 and the rental value as £1,469 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Ground Floor Flat 1 Poplar Avenue Hove has increased by £3,266 (1.1%) and its rental value has increased by £137 per month (9.4%).
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 Flat, 1, Poplar Avenue, Hove is in very good condition we estimate a sale value of £313,488 and rental value of £1,542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,661 and a rental value of £1,366 per month.
If you were able to purchase this property for the estimated value of £298,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,467 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 Flat, 1, Poplar Avenue, Hove was last sold on 30 Jun 2021 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Ground Floor Flat, 1, Poplar Avenue, Hove within a radius of 500 metres over the last 2 years.
The most recent example is 1A, Poplar Avenue, Hove, BN3 8PX, a Leasehold flat which sold for £265,750 in Mar 2019.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Poplar Avenue, Hove, BN3 has a total of 187 addresses. According to our analysis of all the public data, Ground Floor Flat, 1, Poplar Avenue, Hove is the 136th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in BN3.
Ground Floor Flat, 1, Poplar Avenue, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 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 Flat, 1, Poplar Avenue, Hove is Portslade 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 Ground Floor Flat, 1, Poplar Avenue, Hove, 38.9% of property is socially rented and 25.0% 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 Ground Floor Flat, 1, Poplar Avenue, Hove, 17.1% of residents are recorded as possessing school level qualifications and 25.7% 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 Ground Floor Flat, 1, Poplar Avenue, Hove, the average age was 40.9 and the most common age was 7.
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 Flat, 1, Poplar Avenue, Hove, 0.5% 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 Flat, 1, Poplar Avenue, 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.