Flat 1 59 Palmeira Avenue

    FLAT 1 59, PALMEIRA AVENUE, HOVE, BN3 3GE

    This flat/maisonette leasehold property on Palmeira Avenue last sold in November 2017 for £422,000. Based on price growth in the BN3 district since then, its estimated current value is £495,416 — placing it in the 78th percentile nationally and the 56th percentile within BN3. The property covers 158 m² (1,701 sq ft), giving an estimated value of £3,136 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,701 sq ft

    158 m²

    Last Sale Price

    £422,000

    Nov 2017

    Estimated Valuation

    £495,416

    Est. £/sq ft

    £291/sq ft

    £3,136/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,701 sq ft (158 m²)
    EPC dateApr 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Nov 2017

    £422,000

    30 Apr 2001

    New build

    £125,000

    Key Metrics

    Estimated valuation£495,416
    Value per sq ft / m²£291/sq ft (£3,136/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile56th percentile
    National percentile78th 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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