Flat 1, 6
Flat 1, 6
Description & Estimates
Public records show Flat 1, 6, Palmeira Square, Hove to be a period leasehold apartment with 1,087 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 1, 6, Palmeira Square, Hove has an estimated sale value of £427,168 and an estimated rental value of £1,863 per month, assuming reasonable condition and based on the information available.
The apartment sits within 6, Palmeira Square, Hove, BN3.
Palmeira Square, Hove, BN3 lies within the BN3 postal district.
Our Data Sources
Flat 1, 6, Palmeira Square, Hove has 41 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated May 2012.
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
In very good condition, we estimate Flat 1, 6, Palmeira Square, Hove would be worth £448,527, with a potential rental value of £1,956 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £397,267, with a rental value of £1,733 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 6, Palmeira Square, Hove has declined by £19,775 (4.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (1.6%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
Flat 1, 6, Palmeira Square, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 May 2012.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 6, Palmeira Square, Hove last changed hands on 12th September 2013, selling for £345,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 17.4% since September 2013.
- Sold Sep 2013£345,000
- Sold Jul 1999£125,000
- Sold Feb 1996£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 230 metres of Flat 1, 6, Palmeira Square, Hove across the last 2 years.
Most recently, 42 Gwydyr Mansions, Holland Road, Hove, BN3 1JW, a leasehold flat, sold at £480,000 on the 1st May 2025.
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
Our analysis of the public data ranks Flat 1, 6, Palmeira Square, Hove as the 89th largest and the 132nd most expensive of the 178 addresses on Palmeira Square, Hove, BN3.
Against the BN3 postcode district average, it is £52k less expensive than the typical property.
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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
Hove station is the nearest stop to Flat 1, 6, Palmeira Square, Hove at 1.2 kilometres away.
- 1.2kmHove
- 1.6kmBrighton
- 1.8kmAldrington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
