Flat 4 23 Palmeira Square

    FLAT 4 23, PALMEIRA SQUARE, HOVE, BN3 2JN

    This flat/maisonette leasehold property on Palmeira Square last sold in February 2013 for £308,500. Based on price growth in the BN3 district since then, its estimated current value is £514,778 — placing it in the 80th percentile nationally and the 59th percentile within BN3. The property covers 77 m² (829 sq ft), giving an estimated value of £6,685 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £308,500

    Feb 2013

    Estimated Valuation

    £514,778

    Est. £/sq ft

    £621/sq ft

    £6,685/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateAug 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2013

    £308,500

    24 May 2007

    £225,000

    9 May 2003

    £200,000

    5 Apr 2002

    £167,000

    Key Metrics

    Estimated valuation£514,778
    Value per sq ft / m²£621/sq ft (£6,685/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile59th percentile
    National percentile80th 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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