Hove

Area Guide For Hove

A small town towards the south, Hove is neighboured by Portslade-by-sea and Brighton. Property in the area mainly comprises of flats and conversions, but you can also find some old mansion blocks and townhouses. There are a couple of really beautiful squares here as well, including Adelaide Crescent and Regency Square. If you are into bigger houses with gardens, you can find those here to, and residents also get to enjoy proximity to the sea. The nearby Church road offers a lot in terms of shopping, eating and drinking. Connectivity to the capital is not an issue either thanks to the Hove and Brighton stations.

 
 

Hove Map

Estimated Price: £383,153
Average Asking Price: £453,570
Price change in last one year: £37,853
Average Price Paid: £315,559
Average Rent Rates: £1,319

 
 

Property Prices Breakdown in Hove

Average Price for property in Hove is around £383,153 which varies based on type of property you are interested in and ranges from £766,383 for detached house to around £493,777 for semi-detached. Similarly terraced house is around £426,410 and a flat is worth £270,566. Values have been changing and have risen £2,535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,785 in last 6 months, £37,853 in last 1 year, £63,968 in last 2 years, £70,606 in last 3 years, £67,541 in last 4 years and £68,385 in last 5 years.

Currently average asking price of a property in Hove is around £453,570 based on approximately 1,486 properties for sale. Same is the case with rental options based on 361 properties up for rent, average asking rent is around £1,319 per month.

Estimated property value in Hove is £383,153. Average asking price is £453,570 while average price paid is £358,089 which is up by £37,853 and Avg. asking rent £1,319.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 Hove area. In last 1 year alone average price buyer paid is around £358,089 based on approximately 1,486 sales in Hove area alone. If you compare it to last 3 years sales of 4,394 properties where buyers paid around £327,661. 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 £315,559 for 7,086 and average amount paid for purchase of approx. 9,337 properties sold in last 7 years comes to about £305,052 per sale.

 
 

Properties For Sale in Hove

 
 

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 £208,198 for a single bedroom to £337,663 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £486,819 and £689,990 for a 4 bedroom flat. To sum up the asking prices for properties in Hove it comes to around average £205,567 for 1 bedroom property, £337,582 for 2 bedroom, £477,707 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, £2,067 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 £828. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,207, £1,510 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, £1,211 for 2 bedroom, £1,503 for 3 bedroom, £1,956 for 4 bedroom and approximately £2,776 for a 5 bedroom property in Hove area.

Popular Houses in Hove

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.

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