40, Park Gate Somerhill Road, Hove, BN3 1RL is a leasehold flat built between 1967-1975. The property offers approximately 818 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £392,673 , which equates to approximately £480 per square foot. It was last sold on 22 Jun 2018 for £350,000. Since then, the value has increased by £42,673, representing a 12.2% increase, or approximately 1.6% per year.

The current estimated value of £392,673 is:

  • 0.4% lower than the average property price on Somerhill Road
  • 10.3% higher than the average in the BN3 1RL postcode area
  • and 23.9% lower than the average price for Hove as a whole

View sold house prices in BN3 1RL

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£392,673
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40, Park Gate Somerhill Road, Hove, Brighton And Hove, East Sussex, BN3 1RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Nov 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to BN3 1RL

20 th / 59
Price Rank
10% higher than average
13 th / 27
Size Rank
18% bigger than average
23 rd / 27
Price Per Sq FT Rank
7% lower than average

Compared to other properties in BN3 1RL , this flat's estimated value ranks 20th out of 59. Based on price per square foot, it ranks 23th out of 27 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 27 properties in its postcode area.

Sale History

Today
£392,673
streetscan.co.uk estimate
+12 %
22 Jun 2018
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £460,000
sale date: 28 Jan 2025
rooms: 4
size: 797 sq ft
sale price: £430,000
sale date: 22 Jan 2024
rooms: 4
size: 883 sq ft
sale price: £488,000
sale date: 16 Mar 2023
rooms: 4
size: 887 sq ft
sale price: £425,000
sale date: 14 Feb 2019
rooms: 5
size: 936 sq ft
sale price: £400,000
sale date: 11 Sep 2015

Data Sources

The property at 40, Park Gate Somerhill Road, Hove, Brighton And Hove, East Sussex, BN3 1RL appears once in the Land Registry records, with the transaction recorded on 22 Jun 2018. It also has a single Energy Performance Certificate (EPC) from 17 Nov 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.