7 Park Gate Somerhill Road

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

    This flat/maisonette leasehold property on Somerhill Road last sold in July 2018 for £410,000. Based on price growth in the BN3 district since then, its estimated current value is £497,157 — placing it in the 79th percentile nationally and the 57th percentile within BN3. The property covers 93 m² (1,001 sq ft), giving an estimated value of £5,346 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £410,000

    Jul 2018

    Estimated Valuation

    £497,157

    Est. £/sq ft

    £497/sq ft

    £5,346/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,001 sq ft (93 m²)
    EPC dateNov 2023
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jul 2018

    £410,000

    Key Metrics

    Estimated valuation£497,157
    Value per sq ft / m²£497/sq ft (£5,346/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile57th percentile
    National percentile79th 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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