Flat 4 8 Palmeira Avenue

    FLAT 4 8, PALMEIRA AVENUE, HOVE, HOVE, BN3 3GB

    This flat/maisonette leasehold property on Palmeira Avenue last sold in April 2008 for £225,000. Based on price growth in the BN3 district since then, its estimated current value is £404,853 — placing it in the 68th percentile nationally and the 42nd percentile within BN3. The property covers 71 m² (764 sq ft), giving an estimated value of £5,702 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £225,000

    Apr 2008

    Estimated Valuation

    £404,853

    Est. £/sq ft

    £530/sq ft

    £5,702/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateAug 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Apr 2008

    £225,000

    11 Mar 2005

    £189,950

    9 Jun 1997

    £60,000

    Key Metrics

    Estimated valuation£404,853
    Value per sq ft / m²£530/sq ft (£5,702/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile42nd percentile
    National percentile68th 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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