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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Flat 5, 6, Palmeira Square, Hove to be a period leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 5, 6, Palmeira Square, Hove has an estimated sale value of £329,603 and an estimated rental value of £1,502 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.
Flat 5, 6, Palmeira Square, Hove has 21 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated May 2018.
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.
In very good condition, we estimate Flat 5, 6, Palmeira Square, Hove would be worth £346,083, with a potential rental value of £1,577 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £306,531, with a rental value of £1,397 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 5, 6, Palmeira Square, Hove has decreased by £14,105 (4.3%) over the last year. During the same period, its estimated monthly rental value has grown by £34 (2.3%). The property's estimated gross yield is currently 5.5%.
Flat 5, 6, Palmeira Square, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 5, 6, Palmeira Square, Hove last changed hands on 7th February 2024, selling for £320,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 16.9% since February 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 230 metres of Flat 5, 6, Palmeira Square, Hove across the last 2 years.
Most recently, Flat 4, 9, Holland Road, Hove, BN3 1JF, a leasehold flat, sold at £350,000 on the 13th March 2026.
Read more about house prices in BN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 5, 6, Palmeira Square, Hove as the 159th largest and the 158th most expensive of the 178 addresses on Palmeira Square, Hove, BN3.
Against the BN3 postcode district average, it is £150k less expensive than the typical property.
Hove station is the nearest stop to Flat 5, 6, Palmeira Square, Hove at 1.2 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 6, 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 5, 6, 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 5, 6, 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 5, 6, 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 5, 6, 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.
