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Company No. 11113204
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According to the public record, 23, Sherbourne Close, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 841 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Sherbourne Close, Hove is £280,438 and the estimated rental value is £1,333 per month.
Sherbourne Close, Hove, BN3 is located within the BN3 postal district.
23, Sherbourne Close, Hove has 2 entries in the Land Registry , most recently in September 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 23, Sherbourne Close, Hove is in very good condition we estimate a sale value of £294,460 and a rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,807 and a rental value of £1,240 per month.
Over the last 12 months the sale value of 23 Sherbourne Close Hove has decreased by an estimated £7,059 (2.5%) and its rental value has increased by an estimated £52 per month (3.9%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 23, Sherbourne Close, Hove was last sold on 27th September 2023 for £327,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Sherbourne Close, Hove within a radius of 530 metres over the last 2 years.
The most recent example is 50, Sherbourne Road, Hove, BN3 8BB, a leasehold flat which sold for £297,000 on the 17th November 2023.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherbourne Close, Hove, BN3 has a total of 58 addresses. According to our analysis of all the public data, 23, Sherbourne Close, Hove is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in BN3.
The closest station to 23, Sherbourne Close, Hove is Portslade station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Sherbourne Close, Hove, 33.3% of property is privately owned outright and 30.6% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, Sherbourne Close, Hove, 16.1% of residents are recorded as possessing school level qualifications and 35.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Sherbourne Close, Hove, the average age was 40.1 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, Sherbourne Close, Hove, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, Sherbourne Close, Hove, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
