Average Price for property in Somerhill Avenue, Hove, BN3 is around £506,048 which varies based on type of property you are interested in and ranges from £1,217,713 for detached house to around £523,584 for semi-detached. Similarly terraced house is around £616,674 and a flat is worth £410,738. Values have been changing and have risen £2,067 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,982 in last 6 months, £36,443 in last 1 year, £65,898 in last 2 years, £76,784 in last 3 years, £76,081 in last 4 years and £74,922 in last 5 years.
Currently average asking price of a property in Somerhill Avenue, Hove, BN3 is around £455,458 based on approximately 8 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 Somerhill Avenue, Hove, BN3 is £506,048. Average asking price is £455,458 while average price paid is £347,681 which is up by £36,443 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 Somerhill Avenue, Hove, BN3 area. In last 1 year alone average price buyer paid is around £347,681 based on approximately 8 sales in Somerhill Avenue, Hove, BN3 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £328,419. 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 £332,130 for 15 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £323,643 per sale.