Flat 5 Dervia House, 45 Palmeira Avenue

    FLAT 5 DERVIA HOUSE, 45, PALMEIRA AVENUE, HOVE, BN3 3GE

    This flat/maisonette leasehold property on Palmeira Avenue last sold in August 2015 for £334,000. Based on price growth in the BN3 district since then, its estimated current value is £442,651 — placing it in the 73rd percentile nationally and the 48th percentile within BN3. The property covers 88 m² (947 sq ft), giving an estimated value of £5,030 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £334,000

    Aug 2015

    Estimated Valuation

    £442,651

    Est. £/sq ft

    £467/sq ft

    £5,030/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area947 sq ft (88 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 Aug 2015

    £334,000

    25 Oct 2012

    £246,260

    Key Metrics

    Estimated valuation£442,651
    Value per sq ft / m²£467/sq ft (£5,030/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile48th percentile
    National percentile73rd 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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