Flat 1, 1
Flat 1, 1
Description & Estimates
Flat 1, 1, Palmeira Square, Hove appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 962 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, 1, Palmeira Square, Hove is £611,752 and its rental estimate is £2,355 per month, given the available information and assuming reasonable condition.
1, Palmeira Square is a residential building on Palmeira Square, Hove, BN3 and falls within the BN3 postal district.
Our Data Sources
Flat 1, 1, Palmeira Square, Hove has 31 entries in the Land Registry , most recently in March 2007 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.
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 Flat 1, 1, Palmeira Square, Hove, we estimate a market value of £642,340 and a rental value of £2,473 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £568,930 and £2,190 per month respectively.
Recent Market Change
Over the last year, Flat 1, 1, Palmeira Square, Hove has seen its estimated sale value decline by £28,320 (4.6%) and its estimated rental value climb by £37 per month (1.6%). This results in an estimated gross rental yield of 4.6%.
Sold Prices
The most recent sale of Flat 1, 1, Palmeira Square, Hove completed on 14th March 2007 at £365,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 30.1% over the period since March 2007.
- Sold Mar 2007£365,000
- Sold Apr 2006£249,950
- Sold May 2003£340,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 1, 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 21st February 2025, was Flat 3, 35, Lansdowne Place, Hove, BN3 1HF, a leasehold flat which sold for £665,000.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 178 addresses on Palmeira Square, Hove, BN3, Flat 1, 1, Palmeira Square, Hove comes out as the 106th largest and the 44th most expensive in our analysis of the public data.
It is also £132k more expensive than the average property across the BN3 district.
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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 Flat 1, 1, 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.
