Flat 5 16 Melville Road

    FLAT 5 16, MELVILLE ROAD, HOVE, BN3 1TH

    This flat/maisonette leasehold property on Melville Road last sold in November 2020 for £250,000. Based on price growth in the BN3 district since then, its estimated current value is £286,899 — placing it in the 46th percentile nationally and the 17th percentile within BN3. The property covers 44 m² (474 sq ft), giving an estimated value of £6,520 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £250,000

    Nov 2020

    Estimated Valuation

    £286,899

    Est. £/sq ft

    £606/sq ft

    £6,520/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateJul 2020
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2020

    £250,000

    30 Jul 2014

    £219,950

    24 Jul 2001

    £94,950

    23 Mar 2000

    £59,950

    Key Metrics

    Estimated valuation£286,899
    Value per sq ft / m²£606/sq ft (£6,520/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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