Flat 42 Park Gate Somerhill Road

    FLAT 42 PARK GATE, SOMERHILL ROAD, HOVE, HOVE, BN3 1RL

    This flat/maisonette leasehold property on Somerhill Road last sold in October 2004 for £152,000. Based on price growth in the BN3 district since then, its estimated current value is £349,185 — placing it in the 59th percentile nationally and the 31st percentile within BN3. The property covers 61 m² (657 sq ft), giving an estimated value of £5,724 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £152,000

    Oct 2004

    Estimated Valuation

    £349,185

    Est. £/sq ft

    £532/sq ft

    £5,724/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    8 Oct 2004

    £152,000

    Key Metrics

    Estimated valuation£349,185
    Value per sq ft / m²£532/sq ft (£5,724/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile31st percentile
    National percentile59th 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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