Cromwell Road, Hove, BN3

Street Guide For Cromwell Road, Hove, BN3

 

Cromwell Road, Hove, BN3 Map

Estimated Price: £266,621
Average Asking Price: £455,458
Price change in last one year: £19,273
Average Price Paid: £212,661
Average Rent Rates: £1,307

 

Property Prices Breakdown in Cromwell Road, Hove, BN3

Average Price for property in Cromwell Road, Hove, BN3 is around £266,621 which varies based on type of property you are interested in and ranges from £1,238,094 for detached house to around £370,606 for semi-detached. Similarly terraced house is around £284,158 and a flat is worth £260,727. Values have been changing and have risen £1,094 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,165 in last 6 months, £19,273 in last 1 year, £34,851 in last 2 years, £40,611 in last 3 years, £40,244 in last 4 years and £39,635 in last 5 years.

Currently average asking price of a property in Cromwell Road, Hove, BN3 is around £455,458 based on approximately 26 properties for sale. Same is the case with rental options based on 368 properties up for rent, average asking rent is around £1,307 per month.

Estimated property value in Cromwell Road, Hove, BN3 is £266,621. Average asking price is £455,458 while average price paid is £234,242 which is up by £19,273 and Avg. asking rent £1,307.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cromwell Road, Hove, BN3 area. In last 1 year alone average price buyer paid is around £234,242 based on approximately 26 sales in Cromwell Road, Hove, BN3 area alone. If you compare it to last 3 years sales of 60 properties where buyers paid around £227,816. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £212,661 for 90 and average amount paid for purchase of approx. 115 properties sold in last 7 years comes to about £206,461 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £168,738, £336,000 for a 2 bedroom house, £465,648 for a 3 bedroom house, £746,019 for a 4 bedroom house and £968,331 for a 5 bedroom house. For a flat similarly the prices varies from £208,893 for a single bedroom to £338,051 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £482,431 and £689,990 for a 4 bedroom flat. To sum up the asking prices for properties in Cromwell Road, Hove, BN3 it comes to around average £206,170 for 1 bedroom property, £337,951 for 2 bedroom, £475,299 for 3 bedroom, £733,285 for 4 bedroom and £968,331 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £664 for 1 bedroom to £1,296 for 2 bedrooms, £1,490 for 3 bedrooms, £2,062 for 4 bedrooms and £2,740 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £829. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,208, £1,501 for 3 bedroom, £1,661 for 4 bedroom and around £2,951 for 5 bedroom flat. You should be generally be expecting around average £823 rent per month for single bedroom property, £1,213 for 2 bedroom, £1,497 for 3 bedroom, £1,942 for 4 bedroom and approximately £2,776 for a 5 bedroom property in Cromwell Road, Hove, BN3 area.

Popular Houses in Cromwell Road, Hove, BN3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cromwell Road, Hove, BN3