Flat 5 56 Palmeira Avenue

    FLAT 5 56, PALMEIRA AVENUE, HOVE, BN3 3GF

    This flat/maisonette leasehold property on Palmeira Avenue last sold in April 2013 for £345,000. Based on price growth in the BN3 district since then, its estimated current value is £575,684 — placing it in the 84th percentile nationally and the 67th percentile within BN3. The property covers 75 m² (807 sq ft), giving an estimated value of £7,676 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £345,000

    Apr 2013

    Estimated Valuation

    £575,684

    Est. £/sq ft

    £713/sq ft

    £7,676/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateJan 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Apr 2013

    £345,000

    21 Sept 2005

    New build

    £285,000

    Key Metrics

    Estimated valuation£575,684
    Value per sq ft / m²£713/sq ft (£7,676/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile67th percentile
    National percentile84th 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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