Basement Flat 1b 1 Fourth Avenue

    BASEMENT FLAT 1B 1, FOURTH AVENUE, HOVE, BN3 2PL

    This flat/maisonette leasehold property on Fourth Avenue last sold in March 2022 for £315,000. Based on price growth in the BN3 district since then, its estimated current value is £324,682 — placing it in the 54th percentile nationally and the 26th percentile within BN3. The property covers 58 m² (624 sq ft), giving an estimated value of £5,598 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £315,000

    Mar 2022

    Estimated Valuation

    £324,682

    Est. £/sq ft

    £520/sq ft

    £5,598/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateSept 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2022

    £315,000

    25 Aug 2016

    £275,000

    15 Aug 2014

    £227,695

    11 Jan 2013

    £184,500

    Key Metrics

    Estimated valuation£324,682
    Value per sq ft / m²£520/sq ft (£5,598/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN3 district percentile26th percentile
    National percentile54th 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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