Flat 3 8 Palmeira Square

    FLAT 3 8, PALMEIRA SQUARE, HOVE, BN3 2JB

    This flat/maisonette leasehold property on Palmeira Square last sold in July 2019 for £525,000. Based on price growth in the BN3 district since then, its estimated current value is £626,240 — placing it in the 87th percentile nationally and the 72nd percentile within BN3. The property covers 100 m² (1,076 sq ft), giving an estimated value of £6,262 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £525,000

    Jul 2019

    Estimated Valuation

    £626,240

    Est. £/sq ft

    £582/sq ft

    £6,262/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateMay 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2019

    £525,000

    9 Aug 2010

    £300,000

    Key Metrics

    Estimated valuation£626,240
    Value per sq ft / m²£582/sq ft (£6,262/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile72nd percentile
    National percentile87th 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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