Flat 3 6 Melville Road

    FLAT 3 6, MELVILLE ROAD, HOVE, BN3 1TH

    This flat/maisonette leasehold property on Melville Road last sold in January 2017 for £242,000. Based on price growth in the BN3 district since then, its estimated current value is £284,101 — placing it in the 46th percentile nationally and the 17th percentile within BN3. The property covers 37 m² (398 sq ft), giving an estimated value of £7,678 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

    £242,000

    Jan 2017

    Estimated Valuation

    £284,101

    Est. £/sq ft

    £713/sq ft

    £7,678/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateJun 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2017

    £242,000

    25 Jul 2006

    £130,000

    Key Metrics

    Estimated valuation£284,101
    Value per sq ft / m²£713/sq ft (£7,678/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile17th percentile
    National percentile46th 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

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