31 Park Gate Somerhill Road

    31 PARK GATE, SOMERHILL ROAD, HOVE, BN3 1RL

    This flat/maisonette leasehold property on Somerhill Road last sold in October 2009 for £245,000. Based on price growth in the BN3 district since then, its estimated current value is £477,340 — placing it in the 77th percentile nationally and the 54th percentile within BN3. The property covers 80 m² (861 sq ft), giving an estimated value of £5,967 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £245,000

    Oct 2009

    Estimated Valuation

    £477,340

    Est. £/sq ft

    £554/sq ft

    £5,967/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateMay 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Oct 2009

    £245,000

    27 Feb 2009

    £169,000

    Key Metrics

    Estimated valuation£477,340
    Value per sq ft / m²£554/sq ft (£5,967/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile54th percentile
    National percentile77th percentile

    District Context — BN3

    BN3 covers Hove and surrounding areas west of Brighton, forming part of the wider Brighton and Hove conurbation on the south coast. It is a mixed residential district with strong rental demand, popular with younger professional households and those seeking urban amenities.

    Average Property Price - BN3

    £554,428

    86

    National percentile

    Average Net Household Income - BN3

    £43,825

    72

    National percentile

    10-Year Annualised Price Growth - BN3

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - BN

    3.8%

    48

    National percentile

    View full analysis for BN3

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