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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Elm Close, Hove is a modern freehold house with 2,938 ft2 of internal area and sits on a 1,111 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Elm Close, Hove is £1,511,601 and the estimated rental value is £5,662 per month.
Elm Close, Hove, BN3 is located within the BN3 postal district.
8, Elm Close, Hove has 2 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Elm Close, Hove is in very good condition we estimate a sale value of £1,587,181 and a rental value of £5,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,405,789 and a rental value of £5,266 per month.
Over the last 12 months the sale value of 8 Elm Close Hove has decreased by an estimated £78,040 (5.2%) and its rental value has increased by an estimated £104 per month (1.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 8, Elm Close, Hove sits on a plot of 1111m2.
We have plot size data on 8 out of 8 other houses in the postcode and 8, Elm Close, Hove sits on the largest plot.
8, Elm Close, Hove has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 8, Elm Close, Hove was last sold on 20th August 2021 for £1,410,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has dropped 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elm Close, Hove within a radius of 640 metres over the last 2 years.
The most recent example is 2, Barrowfield Close, Hove, BN3 6TP, a freehold house which sold for £1,585,000 on the 28th September 2022.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Close, Hove, BN3 has a total of 8 addresses. According to our analysis of all the public data, 8, Elm Close, Hove is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.032m more expensive than the average property in BN3.
The closest station to 8, Elm Close, Hove is Preston Park station which is 500 metres away.
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 8, Elm Close, Hove, 45.7% of property is privately owned with a mortgage and 43.1% is privately owned outright.
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 8, Elm Close, Hove, 19.5% of residents are recorded as possessing school level qualifications and 50.6% 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 8, Elm Close, Hove, the average age was 42.8 and the most common age was 47.
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 8, Elm Close, Hove, 1.9% 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 8, Elm Close, Hove, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
