Flat 5, 8 Palmeira Avenue, Hove, BN3 3GB is a leasehold flat built before 1900. The property offers approximately 614 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £310,516 , which equates to approximately £506 per square foot. It was last sold on 1 Dec 1998 for £61,000. Since then, the value has increased by £249,516, representing a 409.0% increase, or approximately 15.1% per year.

The current estimated value of £310,516 is:

  • 9.3% lower than the average property price on Palmeira Avenue
  • 35.5% lower than the average in the BN3 3GB postcode area
  • and 39.8% lower than the average price for Hove as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 8 February 2023, the property was recorded as rented.

View sold house prices in BN3 3GB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£310,516
Price Per sq ft (estimate)
£506
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 8 Palmeira Avenue, Hove, Brighton And Hove, East Sussex, BN3 3GB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Feb 2023.

This property uses an electric boiler with radiators 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 23 Aug 2011. The rating of D is unchanged, though the energy efficiency score decreased by 7.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as from main system.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • 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
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN3 3GB

34 th / 40
Price Rank
35% lower than average
26 th / 33
Size Rank
33% smaller than average
21 st / 33
Price Per Sq FT Rank
4% lower than average

Compared to other properties in BN3 3GB , this flat's estimated value ranks 34th out of 40. Based on price per square foot, it ranks 21th out of 33 properties. In terms of size, this home ranks 26th out of 33 properties in its postcode area.

Sale History

Today
£310,516
streetscan.co.uk estimate
+409 %
1 Dec 1998
£61,000
Leasehold
+52.5 %
16 Aug 1996
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 6, 8 Palmeira Avenue, Hove, BN3 3GB
rooms: 3
size: 560 sq ft
sale price: £288,000
sale date: 24 May 2024
Flat 3, 12 Palmeira Avenue, Hove, BN3 3GB
rooms: 3
size: 700 sq ft
sale price: £425,000
sale date: 25 Oct 2023
Flat 4, 28 Palmeira Avenue, Hove, BN3 3GB
rooms: 3
size: 689 sq ft
sale price: £361,000
sale date: 20 Oct 2021
Flat 6, 6 Palmeira Avenue, Hove, BN3 3GB
rooms: 3
size: 592 sq ft
sale price: £350,000
sale date: 27 Nov 2019
Flat 4, 12 Palmeira Avenue, Hove, BN3 3GB
rooms: 2
size: 700 sq ft
sale price: £242,000
sale date: 25 Apr 2019

Data Sources

The property at Flat 5, 8 Palmeira Avenue, Hove, BN3 3GB appears two times in the Land Registry records, with the latest transaction recorded on 1 Dec 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 2023. 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.
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