40b First Avenue

    40B, FIRST AVENUE, HOVE, BN3 2FF

    This flat/maisonette leasehold property on First Avenue last sold in June 2024 for £145,000. Based on price growth in the BN3 district since then, its estimated current value is £151,489 — placing it in the 13th percentile nationally and the 1st percentile within BN3. The property covers 33 m² (355 sq ft), giving an estimated value of £4,591 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    355 sq ft

    33 m²

    Last Sale Price

    £145,000

    Jun 2024

    Estimated Valuation

    £151,489

    Est. £/sq ft

    £427/sq ft

    £4,591/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area355 sq ft (33 m²)
    EPC dateJul 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Jun 2024

    £145,000

    30 Mar 2021

    £155,000

    4 Dec 2015

    £142,000

    22 Oct 2013

    £100,000

    30 Mar 2012

    £102,000

    Key Metrics

    Estimated valuation£151,489
    Value per sq ft / m²£427/sq ft (£4,591/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile1st percentile
    National percentile13th 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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