6A, Palmeira Square
6A, Palmeira Square
Description & Estimates
6A, Palmeira Square, Hove is recorded publicly as a period leasehold apartment across 1,517 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony and garden.
Our estimate of the sale value of 6A, Palmeira Square, Hove is £523,818 and its rental estimate is £2,285 per month, given the available information and assuming reasonable condition.
6, Palmeira Square is a residential building on Palmeira Square, Hove, BN3 and falls within the BN3 postal district.
Our Data Sources
6A, Palmeira Square, Hove has 21 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6A, Palmeira Square, Hove, we estimate a market value of £550,009 and a rental value of £2,399 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £487,151 and £2,125 per month respectively.
Recent Market Change
Over the last year, 6A, Palmeira Square, Hove has seen its estimated sale value fall by £21,279 (4.1%) and its estimated rental value move up by £60 per month (2.6%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
6A, Palmeira Square, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6A, Palmeira Square, Hove completed on 13th May 2015 at £550,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 5.6% over the period since May 2015.
- Sold May 2015£550,000
- Sold Nov 1995£6,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6A, Palmeira Square, Hove have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was Flat 5, 34, Adelaide Crescent, Hove, BN3 2JJ, a leasehold flat which sold for £875,000.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 178 addresses on Palmeira Square, Hove, BN3, 6A, Palmeira Square, Hove comes out as the 37th largest and the 73rd most expensive in our analysis of the public data.
It is also £44k more expensive than the average property across the BN3 district.
More reading links
Schools Nearby
- 500mBrunswick Primary School
- 1.0kmSt Mary Magdalen Catholic Primary School
- 1.0kmSt Andrew's CofE (Aided) Primary School
- 1.3kmCardinal Newman Catholic School
- 2.1kmHove Park School and Sixth Form Centre
- 2.5kmBlatchington Mill School
More reading links
Public Transport Nearby
From 6A, Palmeira Square, Hove, the nearest station is Hove, 1.2 kilometres away.
- 1.2kmHove
- 1.6kmBrighton
- 1.8kmAldrington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
