116 Elm Drive

    116, ELM DRIVE, HOVE, BN3 7JL

    This terraced freehold property on Elm Drive last sold in October 2015 for £312,000. Based on price growth in the BN3 district since then, its estimated current value is £425,402 — placing it in the 71st percentile nationally and the 46th percentile within BN3. The property covers 91 m² (980 sq ft), giving an estimated value of £4,675 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £312,000

    Oct 2015

    Estimated Valuation

    £425,402

    Est. £/sq ft

    £434/sq ft

    £4,675/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    16 Oct 2015

    £312,000

    Key Metrics

    Estimated valuation£425,402
    Value per sq ft / m²£434/sq ft (£4,675/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile46th percentile
    National percentile71st 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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