Apartment 23 The Galleries, 52 Palmeira Avenue

    APARTMENT 23 THE GALLERIES, 52, PALMEIRA AVENUE, HOVE, BN3 3FH

    This flat/maisonette leasehold property on Palmeira Avenue last sold in March 2021 for £449,200. Based on price growth in the BN3 district since then, its estimated current value is £470,306 — placing it in the 76th percentile nationally and the 53rd percentile within BN3. The property covers 37 m² (398 sq ft), giving an estimated value of £12,711 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £449,200

    Mar 2021

    Estimated Valuation

    £470,306

    Est. £/sq ft

    £1,181/sq ft

    £12,711/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2021

    £449,200

    22 Oct 2007

    £355,000

    16 Dec 2004

    New build

    £310,000

    Key Metrics

    Estimated valuation£470,306
    Value per sq ft / m²£1,181/sq ft (£12,711/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile53rd percentile
    National percentile76th 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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