Flat 1, 6 Palmeira Square, Hove, BN3 2JA is a leasehold flat built before 1900. The property offers approximately 1,087 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £506,906 , which equates to approximately £466 per square foot. It was last sold on 12 Sep 2013 for £345,000. Since then, the value has increased by £161,906, representing a 46.9% increase, or approximately 3.8% per year.

The current estimated value of £506,906 is:

  • 33.0% higher than the average property price on Palmeira Square
  • 21.9% lower than the average in the BN3 2JA postcode area
  • and 9.5% higher than the average price for Hove as a whole

At the most recent EPC inspection on 11 May 2012, the property was recorded as owner-occupied.

View sold house prices in BN3 2JA

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1087 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£506,906
Price Per sq ft (estimate)
£466
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 1, 6 Palmeira Square, Hove, Brighton And Hove, East Sussex, BN3 2JA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 May 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have some double glazing.

The previous EPC assessment was conducted on 23 Jan 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 8.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from granite or whin, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to BN3 2JA

18 th / 29
Price Rank
22% lower than average
2 nd / 6
Size Rank
19% smaller than average
2 nd / 6
Price Per Sq FT Rank
4% lower than average

Compared to other properties in BN3 2JA , this flat's estimated value ranks 18th out of 29. Based on price per square foot, it ranks 2nd out of 6 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 2nd out of 6 properties in its postcode area.

Sale History

Today
£506,906
streetscan.co.uk estimate
+47 %
12 Sep 2013
£345,000
Leasehold
+176 %
16 Jul 1999
£125,000
Leasehold
+160.4 %
22 Feb 1996
£48,000
Leasehold
+20 %
22 Sep 1995
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1175 sq ft
sale price: £73,000
sale date: 30 Sep 1996
rooms: 4
size: 947 sq ft
sale price: £55,000
sale date: 10 May 1996
rooms: 3
size: 1099 sq ft
sale price: £71,000
sale date: 5 Jan 1996
rooms: 4
size: 1049 sq ft
sale price: £50,500
sale date: 11 Dec 1995
rooms: 3
size: 1023 sq ft
sale price: £35,200
sale date: 31 Aug 1995

Data Sources

The property at Flat 1, 6 Palmeira Square, Hove, BN3 2JA appears four times in the Land Registry records, with the latest transaction recorded on 12 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 May 2012. 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.