Flat 1 16 Melville Road

    FLAT 1 16, MELVILLE ROAD, HOVE, BN3 1TH

    This flat/maisonette leasehold property on Melville Road last sold in November 2018 for £260,000. Based on price growth in the BN3 district since then, its estimated current value is £315,270 — placing it in the 52nd percentile nationally and the 24th percentile within BN3. The property covers 37 m² (398 sq ft), giving an estimated value of £8,521 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £260,000

    Nov 2018

    Estimated Valuation

    £315,270

    Est. £/sq ft

    £792/sq ft

    £8,521/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateFeb 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2018

    £260,000

    Key Metrics

    Estimated valuation£315,270
    Value per sq ft / m²£792/sq ft (£8,521/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile24th percentile
    National percentile52nd percentile

    District Context — BN3

    BN3 covers Hove and surrounding areas west of Brighton, forming part of the wider Brighton and Hove conurbation on the south coast. It is a mixed residential district with strong rental demand, popular with younger professional households and those seeking urban amenities.

    Average Property Price - BN3

    £554,428

    86

    National percentile

    Average Net Household Income - BN3

    £43,825

    72

    National percentile

    10-Year Annualised Price Growth - BN3

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - BN

    3.8%

    48

    National percentile

    View full analysis for BN3

    More properties in BN3

    Streets in BN3

    Explore nearby