Flat 2 3 Palmeira Avenue

    FLAT 2 3, PALMEIRA AVENUE, HOVE, BN3 3GA

    This flat/maisonette leasehold property on Palmeira Avenue last sold in May 2011 for £230,000. Based on price growth in the BN3 district since then, its estimated current value is £413,528 — placing it in the 69th percentile nationally and the 43rd percentile within BN3. The property covers 55 m² (592 sq ft), giving an estimated value of £7,519 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £230,000

    May 2011

    Estimated Valuation

    £413,528

    Est. £/sq ft

    £699/sq ft

    £7,519/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateDec 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2011

    £230,000

    17 Mar 2006

    £213,000

    26 Nov 2003

    £175,000

    8 Jun 1999

    £97,000

    28 Jul 1995

    £63,500

    Key Metrics

    Estimated valuation£413,528
    Value per sq ft / m²£699/sq ft (£7,519/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile43rd percentile
    National percentile69th 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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