Flat 2, 24
Flat 2, 24
Description & Estimates
Flat 2, 24, Palmeira Square, Hove is recorded publicly as a period leasehold apartment across 1,098 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, 24, Palmeira Square, Hove is £516,222 and its rental estimate is £1,944 per month, given the available information and assuming reasonable condition.
24, Palmeira Square is a residential building on Palmeira Square, Hove, BN3 and falls within the BN3 postal district.
Our Data Sources
Flat 2, 24, Palmeira Square, Hove has 31 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated April 2010.
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 Flat 2, 24, Palmeira Square, Hove, we estimate a market value of £542,033 and a rental value of £2,041 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £480,086 and £1,808 per month respectively.
Recent Market Change
Over the last year, Flat 2, 24, Palmeira Square, Hove has seen its estimated sale value drop by £19,668 (3.8%) and its estimated rental value rise by £49 per month (2.5%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Flat 2, 24, Palmeira Square, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 24, Palmeira Square, Hove completed on 12th January 2018 at £660,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 15.2% over the period since January 2018.
- Sold Jan 2018£660,000
- Sold Sep 2010£425,000
- Sold Jan 1996£71,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 24, Palmeira Square, Hove have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2025, was Flat 5, 23, Palmeira Square, Hove, BN3 2JN, a leasehold flat which sold for £440,000.
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 2, 24, Palmeira Square, Hove comes out as the 88th largest and the 76th most expensive in our analysis of the public data.
It is also £37k more expensive than the average property across the BN3 district.
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Schools Nearby
- 500mBrunswick Primary School
- 900mSt Andrew's CofE (Aided) Primary School
- 1.1kmSt Mary Magdalen Catholic Primary School
- 1.3kmCardinal Newman Catholic School
- 1.9kmHove Park School and Sixth Form Centre
- 2.4kmBlatchington Mill School
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Public Transport Nearby
From Flat 2, 24, Palmeira Square, Hove, the nearest station is Hove, 1.1 kilometres away.
- 1.1kmHove
- 1.6kmAldrington
- 1.6kmBrighton
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.
