Flat 6 Oak Lodge, 47 - 49 Palmeira Avenue

    FLAT 6 OAK LODGE, 47 - 49, PALMEIRA AVENUE, HOVE, BN3 3GE

    This flat/maisonette leasehold property on Palmeira Avenue last sold in February 2012 for £399,950. Based on price growth in the BN3 district since then, its estimated current value is £677,208 — placing it in the 89th percentile nationally and the 76th percentile within BN3. The property covers 111 m² (1,195 sq ft), giving an estimated value of £6,101 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £399,950

    Feb 2012

    Estimated Valuation

    £677,208

    Est. £/sq ft

    £567/sq ft

    £6,101/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateJun 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Feb 2012

    £399,950

    Key Metrics

    Estimated valuation£677,208
    Value per sq ft / m²£567/sq ft (£6,101/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile76th percentile
    National percentile89th 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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