Florence Avenue, Hove, BN3

Street Guide For Florence Avenue, Hove, BN3

 

Florence Avenue, Hove, BN3 Map

Estimated Price: £271,833
Average Asking Price: £455,458
Price change in last one year: £20,872
Average Price Paid: £240,725
Average Rent Rates: £1,307

 

Property Prices Breakdown in Florence Avenue, Hove, BN3

Average Price for property in Florence Avenue, Hove, BN3 is around £271,833 e.g. average price for semi-detached is around 271,833. Values have been changing and have risen £1,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,427 in last 6 months, £20,872 in last 1 year, £37,743 in last 2 years, £43,979 in last 3 years, £43,580 in last 4 years and £42,921 in last 5 years.

Currently average asking price of a property in Florence 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 Florence Avenue, Hove, BN3 is £271,833. Average asking price is £455,458 while average price paid is £298,500 which is up by £20,872 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 Florence Avenue, Hove, BN3 area. In last 1 year alone average price buyer paid is around £298,500 based on approximately 2 sales in Florence Avenue, Hove, BN3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £240,725. 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 £240,725 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £218,978 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 Florence Avenue, 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 Florence Avenue, Hove, BN3 area.

Popular Houses in Florence Avenue, 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 Florence Avenue, Hove, BN3