Flat 8 29 Palmeira Square

    FLAT 8 29, PALMEIRA SQUARE, HOVE, BN3 2JP

    This flat/maisonette leasehold property on Palmeira Square last sold in April 2016 for £260,000. Based on price growth in the BN3 district since then, its estimated current value is £329,530 — placing it in the 55th percentile nationally and the 27th percentile within BN3. The property covers 38 m² (409 sq ft), giving an estimated value of £8,672 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £260,000

    Apr 2016

    Estimated Valuation

    £329,530

    Est. £/sq ft

    £806/sq ft

    £8,672/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 potentialC
    Floor area409 sq ft (38 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2016

    £260,000

    21 Dec 1995

    £23,000

    Key Metrics

    Estimated valuation£329,530
    Value per sq ft / m²£806/sq ft (£8,672/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile27th percentile
    National percentile55th 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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