Flat 2, 43
Flat 2, 43
Description & Estimates
Public records show Flat 2, 43, Lorna Road, Hove to be a period leasehold apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 43, Lorna Road, Hove has an estimated sale value of £280,754 and an estimated rental value of £1,350 per month, assuming reasonable condition and based on the information available.
The apartment sits within 43, Lorna Road, Hove, BN3.
Lorna Road, Hove, BN3 lies within the BN3 postal district.
Our Data Sources
Flat 2, 43, Lorna Road, Hove has a single entry in the Land Registry from November 2022 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 43, Lorna Road, Hove would be worth £294,792, with a potential rental value of £1,418 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £261,101, with a rental value of £1,256 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 2, 43, Lorna Road, Hove has declined by £9,883 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £38 (2.8%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
Flat 2, 43, Lorna Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 43, Lorna Road, Hove last changed hands on 23rd November 2022, selling for £270,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.7% since November 2022.
- Sold Nov 2022£270,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of Flat 2, 43, Lorna Road, Hove across the last 2 years.
Most recently, 93B, Lorna Road, Hove, BN3 3EL, a leasehold flat, sold at £220,000 on the 14th June 2023.
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 2, 43, Lorna Road, Hove as the 97th largest and the 90th most expensive of the 202 addresses on Lorna Road, Hove, BN3.
Against the BN3 postcode district average, it is £199k less expensive than the typical property.
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Schools Nearby
- 400mBrunswick Primary School
- 500mCottesmore St Mary's Catholic Primary School
- 800mStanford Infant School
- 500mCardinal Newman Catholic School
- 1.7kmHove Park School and Sixth Form Centre
- 2.0kmBlatchington Mill School
More reading links
Public Transport Nearby
Hove station is the nearest stop to Flat 2, 43, Lorna Road, Hove at 800 metres away.
- 800mHove
- 1.4kmBrighton
- 1.5kmPreston Park
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.
