Flat 1b 8 Palmeira Square

    FLAT 1B 8, PALMEIRA SQUARE, HOVE, HOVE, BN3 2JB

    This flat/maisonette leasehold property on Palmeira Square last sold in May 2006 for £214,000. Based on price growth in the BN3 district since then, its estimated current value is £427,503 — placing it in the 71st percentile nationally and the 46th percentile within BN3. The property covers 83 m² (893 sq ft), giving an estimated value of £5,151 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £214,000

    May 2006

    Estimated Valuation

    £427,503

    Est. £/sq ft

    £479/sq ft

    £5,151/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateNov 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 May 2006

    £214,000

    25 Sept 1998

    £97,250

    11 Dec 1995

    £50,500

    Key Metrics

    Estimated valuation£427,503
    Value per sq ft / m²£479/sq ft (£5,151/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile46th percentile
    National percentile71st 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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