Flat 5 6 Palmeira Avenue

    FLAT 5 6, PALMEIRA AVENUE, HOVE, HOVE, BN3 3GB

    This flat/maisonette leasehold property on Palmeira Avenue last sold in August 1998 for £62,000. Based on price growth in the BN3 district since then, its estimated current value is £409,948 — placing it in the 69th percentile nationally and the 42nd percentile within BN3. The property covers 55 m² (592 sq ft), giving an estimated value of £7,454 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £62,000

    Aug 1998

    Estimated Valuation

    £409,948

    Est. £/sq ft

    £692/sq ft

    £7,454/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateMar 2013
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 1998

    £62,000

    27 Jan 1995

    £45,250

    Key Metrics

    Estimated valuation£409,948
    Value per sq ft / m²£692/sq ft (£7,454/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile42nd 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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