According to the public record, Lane Cottage, Hove is a period freehold house with 581 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Connaught Road, Hove, BN3 is located within the BN3 postal district.
Lane Cottage, Hove has 41 entries in the Land Registry database, most recently in June 2013 and a single entry in the EPC database dated April 2023.
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 Lane Cottage Hove as £485,093 and the rental value as £2,016 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Lane Cottage Hove has increased by £4,183 (0.9%) and its rental value has increased by £185 per month (9.2%).
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 Lane Cottage, Hove is in very good condition we estimate a sale value of £509,348 and rental value of £2,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,137 and a rental value of £1,874 per month.
If you were able to purchase this property for the estimated value of £485,093, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,384 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 data from HM Land Registry, Lane Cottage, Hove sits on a plot of 143m2.
We have plot size data on 7 out of 9 other houses in the postcode and Lane Cottage, Hove sits on the 13th largest plot.
According to HM Land Registry, Lane Cottage, Hove was last sold on 28 Jun 2013 for £247,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jun 2013, the market for similar properties has risen 65.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lane Cottage, Hove within a radius of 310 metres over the last 2 years.
The most recent example is 44, Connaught Road, Hove, BN3 3WB, a Freehold house which sold for £344,700 in Sep 2021.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Connaught Road, Hove, BN3 has a total of 63 addresses. According to our analysis of all the public data, Lane Cottage, Hove is the 44th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in BN3.
Lane Cottage, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2023.
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 Lane Cottage, Hove is Hove station which is 800 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 Lane Cottage, Hove, 60.0% of property is privately rented and 15.9% 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 Lane Cottage, Hove, 12.1% of residents are recorded as possessing school level qualifications and 50.6% 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 Lane Cottage, 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 Lane Cottage, 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 Lane Cottage, 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.