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According to the public record, Flat 2, 4-5, Palmeira Square, Hove is a period leasehold apartment with 1,388 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 4-5, Palmeira Square, Hove is £784,968 and the estimated rental value is £2,956 per month.
The apartment is within 4, Palmeira Square, Hove, BN3.
Palmeira Square, Hove, BN3 is located within the BN3 postal district.
Flat 2, 4-5, Palmeira Square, Hove has 4 entries in the Land Registry , most recently in March 2025 and a single entry in the EPC database dated January 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 2, 4-5, Palmeira Square, Hove is in very good condition we estimate a sale value of £824,216 and a rental value of £3,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £730,020 and a rental value of £2,749 per month.
Over the last 12 months the sale value of Flat 2 4-5 Palmeira Square Hove has decreased by an estimated £29,907 (3.8%) and its rental value has increased by an estimated £75 per month (2.5%), giving an expected gross yield of 4.5%.
Flat 2, 4-5, Palmeira Square, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jan 2025.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 4-5, Palmeira Square, Hove was last sold on 27th March 2025 for £885,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2025, the market for similar properties has dropped 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 4-5, Palmeira Square, Hove within a radius of 230 metres over the last 2 years.
The most recent example is Flat 7, Palmeira Grande, Holland Road, Hove, BN3 1QG, a leasehold flat which sold for £830,000 on the 25th November 2024.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmeira Square, Hove, BN3 has a total of 178 addresses. According to our analysis of all the public data, Flat 2, 4-5, Palmeira Square, Hove is the 46th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £306k more expensive than the average property in BN3.
The closest station to Flat 2, 4-5, Palmeira Square, Hove is Hove station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Flat 2, 4-5, Palmeira Square, Hove, 34.0% of property is privately owned outright and 31.0% is privately rented.
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 Flat 2, 4-5, Palmeira Square, Hove, 13.4% of residents are recorded as possessing school level qualifications and 58.7% 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 Flat 2, 4-5, Palmeira Square, Hove, the average age was 39.7 and the most common age was 27.
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 Flat 2, 4-5, Palmeira Square, Hove, 2.6% 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 Flat 2, 4-5, Palmeira Square, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.