Flat 3 1 Palmeira Square

    FLAT 3 1, PALMEIRA SQUARE, HOVE, BN3 2JA

    This flat/maisonette leasehold property on Palmeira Square last sold in January 2022 for £473,000. Based on price growth in the BN3 district since then, its estimated current value is £487,538 — placing it in the 78th percentile nationally and the 55th percentile within BN3. The property covers 111 m² (1,195 sq ft), giving an estimated value of £4,392 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £473,000

    Jan 2022

    Estimated Valuation

    £487,538

    Est. £/sq ft

    £408/sq ft

    £4,392/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateNov 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2022

    £473,000

    4 Feb 2011

    £324,500

    28 Jun 2006

    £200,000

    2 Nov 2000

    £165,000

    2 Jan 1997

    £63,450

    Key Metrics

    Estimated valuation£487,538
    Value per sq ft / m²£408/sq ft (£4,392/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile55th percentile
    National percentile78th 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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