Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 4, 2, Old Shoreham Road, Hove is recorded publicly as an early-century leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 2, Old Shoreham Road, Hove is £365,515 and its rental estimate is £1,454 per month, given the available information and assuming reasonable condition.
2, Old Shoreham Road is a residential building on Old Shoreham Road, Hove, BN3 and falls within the BN3 postal district.
Flat 4, 2, Old Shoreham Road, Hove has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated September 2020.
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.
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 4, 2, Old Shoreham Road, Hove, we estimate a market value of £383,791 and a rental value of £1,526 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £339,929 and £1,352 per month respectively.
Over the last year, Flat 4, 2, Old Shoreham Road, Hove has seen its estimated sale value drop by £12,866 (3.5%) and its estimated rental value rise by £41 per month (2.8%). This results in an estimated gross rental yield of 4.8%.
Flat 4, 2, Old Shoreham Road, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 4, 2, Old Shoreham Road, Hove completed on 9th April 2021 at £232,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.6% over the period since April 2021.
Over the past 2 years 3 properties similar to Flat 4, 2, Old Shoreham Road, Hove have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th November 2024, was Flat 4, 33A , Lyndhurst Road, Hove, BN3 6FB, a leasehold flat which sold for £395,000.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 383 addresses on Old Shoreham Road, Hove, BN3, Flat 4, 2, Old Shoreham Road, Hove comes out as the 312th largest and the 223rd most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the BN3 district.
From Flat 4, 2, Old Shoreham Road, Hove, the nearest station is Hove, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 2, Old Shoreham Road, Hove, 41.8% of property is privately owned with a mortgage and 35.7% is privately owned outright.
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 4, 2, Old Shoreham Road, Hove, 27.5% of residents are recorded as possessing school level qualifications and 62.9% 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 4, 2, Old Shoreham Road, Hove, the average age was 40.7 and the most common age was 32.
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 4, 2, Old Shoreham Road, Hove, 0.0% 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 4, 2, Old Shoreham Road, Hove, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
