Flat 1A, 8 Palmeira Square, Hove, BN3 2JB is a leasehold flat built before 1900. The property offers approximately 893 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £313,990 , which equates to approximately £351 per square foot. It was last sold on 27 Feb 2020 for £280,000. Since then, the value has increased by £33,990, representing a 12.1% increase, or approximately 2.1% per year.

The current estimated value of £313,990 is:

  • 17.6% lower than the average property price on Palmeira Square
  • 31.7% lower than the average in the BN3 2JB postcode area
  • and 32.2% lower than the average price for Hove as a whole

At the most recent EPC inspection on 4 November 2019, the property was recorded as owner-occupied.

View sold house prices in BN3 2JB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
893 sq ft
Tenure
Leasehold
Price (estimate)
£313,990
Price Per sq ft (estimate)
£351
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1A, 8 Palmeira Square, Hove, Brighton And Hove, East Sussex, BN3 2JB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Nov 2019.

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

The previous EPC assessment was conducted on 3 Sep 2009, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 168.2%.

Since the previous assessment, several changes were observed:

  • The heating system changed from no system present: electric heaters assumed to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN3 2JB

22 nd / 25
Price Rank
32% lower than average
11 th / 17
Size Rank
1% smaller than average
17 th / 17
Price Per Sq FT Rank
31% lower than average

Compared to other properties in BN3 2JB , this flat's estimated value ranks 22th out of 25. Based on price per square foot, it ranks 17th out of 17 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 11th out of 17 properties in its postcode area.

Sale History

Today
£313,990
streetscan.co.uk estimate
+12 %
27 Feb 2020
£280,000
Leasehold
+36.6 %
22 Dec 2014
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 969 sq ft
sale price: £610,000
sale date: 24 Oct 2024
rooms: 3
size: 947 sq ft
sale price: £524,000
sale date: 23 Aug 2024
rooms: 2
size: 883 sq ft
sale price: £305,000
sale date: 15 Dec 2017
rooms: 3
size: 807 sq ft
sale price: £160,000
sale date: 13 Jun 2000
rooms: 3
size: 1023 sq ft
sale price: £35,200
sale date: 31 Aug 1995

Data Sources

The property at Flat 1A, 8 Palmeira Square, Hove, BN3 2JB appears two times in the Land Registry records, with the latest transaction recorded on 27 Feb 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 2019. 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.