Flat 1 6 Palmeira Square

    FLAT 1 6, PALMEIRA SQUARE, HOVE, BN3 2JA

    This flat/maisonette leasehold property on Palmeira Square last sold in September 2013 for £345,000. Based on price growth in the BN3 district since then, its estimated current value is £575,684 — placing it in the 84th percentile nationally and the 67th percentile within BN3. The property covers 101 m² (1,087 sq ft), giving an estimated value of £5,700 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £345,000

    Sept 2013

    Estimated Valuation

    £575,684

    Est. £/sq ft

    £530/sq ft

    £5,700/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,087 sq ft (101 m²)
    EPC dateMay 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Sept 2013

    £345,000

    16 Jul 1999

    £125,000

    22 Feb 1996

    £48,000

    22 Sept 1995

    £40,000

    Key Metrics

    Estimated valuation£575,684
    Value per sq ft / m²£530/sq ft (£5,700/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile67th percentile
    National percentile84th 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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