Basement 54 First Avenue

    BASEMENT 54, FIRST AVENUE, HOVE, BN3 2FF

    This flat/maisonette leasehold property on First Avenue last sold in April 2021 for £326,000. Based on price growth in the BN3 district since then, its estimated current value is £341,317 — placing it in the 58th percentile nationally and the 30th percentile within BN3. The property covers 72 m² (775 sq ft), giving an estimated value of £4,741 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £326,000

    Apr 2021

    Estimated Valuation

    £341,317

    Est. £/sq ft

    £440/sq ft

    £4,741/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateDec 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Apr 2021

    £326,000

    16 Jun 2017

    £300,000

    16 Oct 2009

    £175,000

    3 Jul 2000

    £100,000

    17 Sept 1996

    £190,000

    Key Metrics

    Estimated valuation£341,317
    Value per sq ft / m²£440/sq ft (£4,741/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile30th percentile
    National percentile58th 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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