Flat 7 Malvern House, 8 Second Avenue

    FLAT 7 MALVERN HOUSE, 8, SECOND AVENUE, HOVE, BN3 2LH

    This flat/maisonette leasehold property on Second Avenue last sold in February 2023 for £347,500. Based on price growth in the BN3 district since then, its estimated current value is £337,197 — placing it in the 57th percentile nationally and the 29th percentile within BN3. The property covers 55 m² (592 sq ft), giving an estimated value of £6,131 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £347,500

    Feb 2023

    Estimated Valuation

    £337,197

    Est. £/sq ft

    £570/sq ft

    £6,131/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateApr 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2023

    £347,500

    4 Jun 2018

    £315,000

    5 Dec 2008

    £180,000

    25 Nov 2005

    £185,000

    14 Nov 1996

    £52,500

    24 Apr 1996

    £32,000

    Key Metrics

    Estimated valuation£337,197
    Value per sq ft / m²£570/sq ft (£6,131/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile29th percentile
    National percentile57th 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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