Average Price for property in Spencer Avenue, Hove, BN3 is around £308,068 which varies based on type of property you are interested in and ranges from £413,551 for detached house to around £324,182 for semi-detached. Similarly terraced house is around £298,384 and a flat is worth £235,912. Values have been changing and have risen £1,270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,676 in last 6 months, £22,389 in last 1 year, £40,485 in last 2 years, £47,174 in last 3 years, £46,745 in last 4 years and £46,037 in last 5 years.
Currently average asking price of a property in Spencer Avenue, Hove, BN3 is around £455,458 based on approximately 1 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 Spencer Avenue, Hove, BN3 is £308,068. Average asking price is £455,458 while average price paid is £282,000 which is up by £22,389 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 Spencer Avenue, Hove, BN3 area. In last 1 year alone average price buyer paid is around £282,000 based on approximately 1 sales in Spencer Avenue, Hove, BN3 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £220,375. 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 £221,750 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £223,461 per sale.