Flat 1 Malvern House, 8 Second Avenue

    FLAT 1 MALVERN HOUSE, 8, SECOND AVENUE, HOVE, BN3 2LH

    This flat/maisonette leasehold property on Second Avenue last sold in January 2017 for £330,000. Based on price growth in the BN3 district since then, its estimated current value is £387,411 — placing it in the 65th percentile nationally and the 39th percentile within BN3. The property covers 65 m² (700 sq ft), giving an estimated value of £5,960 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £330,000

    Jan 2017

    Estimated Valuation

    £387,411

    Est. £/sq ft

    £554/sq ft

    £5,960/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateOct 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2017

    £330,000

    17 Dec 2012

    £249,950

    11 Aug 2005

    £210,000

    14 Feb 2002

    £158,000

    25 Nov 1996

    £39,500

    Key Metrics

    Estimated valuation£387,411
    Value per sq ft / m²£554/sq ft (£5,960/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile39th percentile
    National percentile65th 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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