58a Palmeira Avenue

    58A, PALMEIRA AVENUE, HOVE, BN3 3GF

    This detached freehold property on Palmeira Avenue last sold in June 2015 for £995,000. Based on price growth in the BN3 district since then, its estimated current value is £1,308,070 — placing it in the 98th percentile nationally and the 96th percentile within BN3. The property covers 186 m² (2,002 sq ft), giving an estimated value of £7,033 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £995,000

    Jun 2015

    Estimated Valuation

    £1,308,070

    Est. £/sq ft

    £653/sq ft

    £7,033/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area2,002 sq ft (186 m²)
    EPC dateMar 2015
    WallsAverage thermal transmittance 0.15 W/m²K
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    24 Jun 2015

    New build

    £995,000

    Key Metrics

    Estimated valuation£1,308,070
    Value per sq ft / m²£653/sq ft (£7,033/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile96th percentile
    National percentile98th 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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