Apartment 10 The Galleries, 52 Palmeira Avenue

    APARTMENT 10 THE GALLERIES, 52, PALMEIRA AVENUE, HOVE, HOVE, BN3 3FH

    This flat/maisonette leasehold property on Palmeira Avenue last sold in July 2007 for £364,950. Based on price growth in the BN3 district since then, its estimated current value is £645,634 — placing it in the 88th percentile nationally and the 74th percentile within BN3. The property covers 77 m² (829 sq ft), giving an estimated value of £8,385 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £364,950

    Jul 2007

    Estimated Valuation

    £645,634

    Est. £/sq ft

    £779/sq ft

    £8,385/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2007

    £364,950

    13 Dec 2004

    New build

    £245,000

    Key Metrics

    Estimated valuation£645,634
    Value per sq ft / m²£779/sq ft (£8,385/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile74th percentile
    National percentile88th 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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