Flat 3 59 Palmeira Avenue

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

    This flat/maisonette leasehold property on Palmeira Avenue last sold in June 2016 for £545,000. Based on price growth in the BN3 district since then, its estimated current value is £690,747 — placing it in the 90th percentile nationally and the 77th percentile within BN3. The property covers 144 m² (1,550 sq ft), giving an estimated value of £4,797 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £545,000

    Jun 2016

    Estimated Valuation

    £690,747

    Est. £/sq ft

    £446/sq ft

    £4,797/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,550 sq ft (144 m²)
    EPC dateMar 2014
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2016

    £545,000

    16 Jul 1999

    £145,000

    Key Metrics

    Estimated valuation£690,747
    Value per sq ft / m²£446/sq ft (£4,797/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile77th percentile
    National percentile90th 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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