According to the public record, Second Floor Flat, 24, Tisbury Road, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 749 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Tisbury Road, Hove, BN3.
Tisbury Road, Hove, BN3 is located within the BN3 postal district.
Second Floor Flat, 24, Tisbury Road, Hove has 51 entries in the Land Registry database, most recently in February 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Second Floor Flat 24 Tisbury Road Hove as £421,126 and the rental value as £1,636 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Second Floor Flat 24 Tisbury Road Hove has increased by £9,205 (2.2%) and its rental value has increased by £173 per month (10.6%).
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 Second Floor Flat, 24, Tisbury Road, Hove is in very good condition we estimate a sale value of £442,182 and rental value of £1,718 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,647 and a rental value of £1,521 per month.
If you were able to purchase this property for the estimated value of £421,126, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,070 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, Second Floor Flat, 24, Tisbury Road, Hove was last sold on 08 Feb 2017 for £320,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2017, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 24, Tisbury Road, Hove within a radius of 240 metres over the last 2 years.
The most recent example is Flat 3, 45, Tisbury Road, Hove, BN3 3BL, a Leasehold flat which sold for £387,000 in Sep 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tisbury Road, Hove, BN3 has a total of 325 addresses. According to our analysis of all the public data, Second Floor Flat, 24, Tisbury Road, Hove is the 72nd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in BN3.
The closest station to Second Floor Flat, 24, Tisbury Road, 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 Second Floor Flat, 24, Tisbury Road, Hove, 56.9% of property is privately rented and 23.6% 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 Second Floor Flat, 24, Tisbury Road, Hove, 9.9% of residents are recorded as possessing school level qualifications and 58.0% 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 Second Floor Flat, 24, Tisbury Road, Hove, the average age was 39.7 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 Second Floor Flat, 24, Tisbury Road, 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 Second Floor Flat, 24, Tisbury Road, 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.