Flat 5, 23 Palmeira Square, Hove, BN3 2JN is a leasehold flat built before 1900. The property offers approximately 947 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £494,570 , which equates to approximately £522 per square foot. It was last sold on 6 Jan 2015 for £370,000. Since then, the value has increased by £124,570, representing a 33.7% increase, or approximately 3.1% per year.

The current estimated value of £494,570 is:

  • 29.8% higher than the average property price on Palmeira Square
  • 14.0% lower than the average in the BN3 2JN postcode area
  • and 6.8% higher than the average price for Hove as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 October 2021, the property was recorded as owner-occupied.

View sold house prices in BN3 2JN

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
947 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£494,570
Price Per sq ft (estimate)
£522
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, 23 Palmeira Square, Hove, Brighton And Hove, East Sussex, BN3 2JN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Oct 2021.

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 are single glazed.

The previous EPC assessment was conducted on 1 Oct 2008, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 42%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from partial secondary glazing to single glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to BN3 2JN

18 th / 37
Price Rank
14% lower than average
16 th / 25
Size Rank
17% smaller than average
13 th / 25
Price Per Sq FT Rank
4% higher than average

Compared to other properties in BN3 2JN , this flat's estimated value ranks 18th out of 37. Based on price per square foot, it ranks 13th out of 25 properties. In terms of size, this home ranks 16th out of 25 properties in its postcode area.

Sale History

Today
£494,570
streetscan.co.uk estimate
+34 %
6 Jan 2015
£370,000
Leasehold
+23.3 %
2 Dec 2013
£300,000
Leasehold
+10.1 %
16 Mar 2007
£272,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1033 sq ft
sale price: £528,000
sale date: 30 Oct 2023
rooms: 4
size: 969 sq ft
sale price: £275,000
sale date: 12 Jul 2013
rooms: 3
size: 875 sq ft
sale price: £300,000
sale date: 17 May 2013
rooms: 3
size: 946 sq ft
sale price: £308,500
sale date: 27 Feb 2013
rooms: 4
size: 850 sq ft
sale price: £302,000
sale date: 19 Nov 2012

Data Sources

The property at Flat 5, 23 Palmeira Square, Hove, BN3 2JN appears three times in the Land Registry records, with the latest transaction recorded on 6 Jan 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Oct 2021. 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.