The Vale, Ovingdean, Brighton, BN2

Street Guide For The Vale, Ovingdean, Brighton, BN2

 

The Vale, Ovingdean, Brighton, BN2 Map

Estimated Price: £680,037
Average Asking Price: £466,228
Price change in last one year: £44,837
Average Price Paid: £472,000
Average Rent Rates: £1,465

 

Property Prices Breakdown in The Vale, Ovingdean, Brighton, BN2

Average Price for property in The Vale, Ovingdean, Brighton, BN2 is around £680,037 e.g. average price for detached house is around 680,037. Values have been changing and have risen £890 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £932 in last 6 months, £44,837 in last 1 year, £82,116 in last 2 years, £97,806 in last 3 years, £95,541 in last 4 years and £95,522 in last 5 years.

Currently average asking price of a property in The Vale, Ovingdean, Brighton, BN2 is around £466,228 based on approximately 1 properties for sale. Same is the case with rental options based on 374 properties up for rent, average asking rent is around £1,465 per month.

Estimated property value in The Vale, Ovingdean, Brighton, BN2 is £680,037. Average asking price is £466,228 while average price paid is £475,000 which is up by £44,837 and Avg. asking rent £1,465.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 The Vale, Ovingdean, Brighton, BN2 area. In last 1 year alone average price buyer paid is around £475,000 based on approximately 1 sales in The Vale, Ovingdean, Brighton, BN2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £475,000. 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 £472,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £435,000 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 £103,043, £325,543 for a 2 bedroom house, £408,269 for a 3 bedroom house, £564,014 for a 4 bedroom house and £984,916 for a 5 bedroom house. For a flat similarly the prices varies from £196,845 for a single bedroom to £316,446 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £595,667 and £536,667 for a 4 bedroom flat. To sum up the asking prices for properties in The Vale, Ovingdean, Brighton, BN2 it comes to around average £190,486 for 1 bedroom property, £318,352 for 2 bedroom, £436,663 for 3 bedroom, £563,025 for 4 bedroom and £984,916 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 £713 for 1 bedroom to £1,218 for 2 bedrooms, £1,338 for 3 bedrooms, £1,729 for 4 bedrooms and £2,150 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £782. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,161, £1,547 for 3 bedroom and £1,969 for 4 bedroom. You should be generally be expecting around average £779 rent per month for single bedroom property, £1,172 for 2 bedroom, £1,435 for 3 bedroom, £1,748 for 4 bedroom and approximately £2,150 for a 5 bedroom property in The Vale, Ovingdean, Brighton, BN2 area.

Popular Houses in The Vale, Ovingdean, Brighton, BN2

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 The Vale, Ovingdean, Brighton, BN2