Average Price for property in Derek Avenue, Hove, BN3 is around £624,101 which varies based on type of property you are interested in and ranges from £865,275 for detached house to around £619,973 for semi-detached. Similarly terraced house is around £590,538 and a flat is worth £312,086. Values have been changing and have risen £2,549 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,374 in last 6 months, £44,922 in last 1 year, £81,228 in last 2 years, £94,644 in last 3 years, £93,776 in last 4 years and £92,348 in last 5 years.
Currently average asking price of a property in Derek Avenue, Hove, BN3 is around £455,458 based on approximately 2 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 Derek Avenue, Hove, BN3 is £624,101. Average asking price is £455,458 while average price paid is £512,500 which is up by £44,922 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 Derek Avenue, Hove, BN3 area. In last 1 year alone average price buyer paid is around £512,500 based on approximately 2 sales in Derek Avenue, Hove, BN3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £501,888. 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 £483,866 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £481,646 per sale.