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House Prices in BN3 House Prices in BN3 (Hove)

The average house price in BN3 (Hove) is £560,474 using HM Land Registry data.

The average property price increased by £140,820 (15.3%) over the last 5 years and increased by £28,216 (2.49%) over the last 12 months.

Over the last year, there were 920 residential property sales – a decrease of 414 transactions (-45.00%) relative to the previous year. The majority of house sales (289) were in the £240,000 - £400,000 range. Then came properties in the £400,000 - £560,000 range, where 207 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,857 (-2%).

In Oct 24, there were 298 new estate agency instructions, 215 agreed home sales and 194 property price reductions.

Nearby Postcodes: BN1, BN10, BN11, BN12, BN13, BN14, BN15, BN16, BN17, BN18, BN2, BN41, BN42, BN43, BN44, BN45, BN5, BN50, BN6, BN7, BN88, BN9, BN99, GU28, PO18, PO20, PO22, RH20

5-Year Average Property Prices in BN3 (Hove)

15.3%

Property prices in Hove increased by 15.3% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BN3 (Hove) Over the Last Year

2.49%

Property prices in Hove increased by 2.49% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BN3 (Hove) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BN3 (Hove)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BN3 (Hove)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BN3 (Hove)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BN3 (Hove) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN3 postcode area since 1995.

Recent Sales in BN3 (Hove)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Westbourne Place, Hove, Brighton And Hove, BN3 4GN£900,000£897,000-£3,00019 Mar 202416 Aug 2024150 Days
50 Erroll Road, Hove, Brighton And Hove, BN3 4QG£550,000£545,000-£5,00029 Feb 202415 Aug 2024168 Days
124 Clarendon Road, Hove, Brighton And Hove, BN3 3WQ£475,000£475,000£0020 Feb 202402 Aug 2024164 Days
12a, Avondale Road, Hove, Brighton And Hove, BN3 6ER£800,000£800,000£0029 Feb 202425 Jul 2024147 Days
21 Spencer Avenue, Hove, Brighton And Hove, BN3 8BZ£499,950£499,950£0012 Feb 202417 Jul 2024156 Days
60 Stoneham Road, Hove, Brighton And Hove, BN3 5HH£625,000£625,000£0019 Mar 202412 Jul 2024115 Days
32 Gleton Avenue, Hove, Brighton And Hove, BN3 8LL£550,000£525,000-£25,00012 Jan 202412 Jul 2024182 Days
14 Brooker Street, Hove, Brighton And Hove, BN3 3YX£735,000£703,000-£32,00030 Apr 202412 Jul 202473 Days
9 Osborne Villas, Hove, Brighton And Hove, BN3 2RD£1,200,000£1,190,000-£10,00006 Feb 202410 Jul 2024155 Days
26 Wilbury Avenue, Hove, Brighton And Hove, BN3 6HS£1,450,000£1,250,000-£200,00023 Apr 202402 Jul 202470 Days
191 Nevill Avenue, Hove, Brighton And Hove, BN3 7NG£525,000£525,000£0019 Apr 202426 Jun 202468 Days
6 Maple Gardens, Hove, Brighton And Hove, BN3 7JU£485,250£440,000-£45,25004 Jan 202418 Jun 2024166 Days
12 Wilbury Gardens, Hove, Brighton And Hove, BN3 6HY£1,000,000£940,000-£60,00027 Feb 202414 Jun 2024108 Days
39 Colbourne Road, Hove, Brighton And Hove, BN3 1TA£825,000£825,000£0019 Feb 202407 Jun 2024109 Days
42 Alpine Road, Hove, Brighton And Hove, BN3 5HG£625,000£607,500-£17,50021 Feb 202407 Jun 2024107 Days
12 Milnthorpe Road, Hove, Brighton And Hove, BN3 5HT£575,000£560,000-£15,00011 Oct 202307 Jun 2024240 Days
16 Amherst Crescent, Hove, Brighton And Hove, BN3 7ER£575,000£573,000-£2,00004 Jan 202407 Jun 2024155 Days
7 Tredcroft Road, Hove, Brighton And Hove, BN3 6UH£1,300,000£1,285,000-£15,00023 Jan 202406 Jun 2024135 Days
9 Princes Crescent, Hove, Brighton And Hove, BN3 4GS£1,750,000£1,600,000-£150,00001 Feb 202430 May 2024119 Days
51 Sackville Gardens, Hove, Brighton And Hove, BN3 4GJ£1,750,000£1,750,000£0005 Feb 202430 May 2024115 Days

Most Expensive Streets in BN3 (Hove)

PostcodeStreetAreaAverageNo. of Sales
BN3 6DADyke Road AvenueHove£2,175,0003
BN3 6TNTongdean AvenueHove£2,011,8754
BN3 4GEPrinces SquareHove£2,008,3333
BN3 6QHHill BrowHove£1,824,0005
BN3 6QFHill BrowHove£1,812,5004
BN3 6QBTongdean RoadHove£1,795,0005
BN3 6QETongdean RoadHove£1,737,0005
BN3 2JEAdelaide CrescentHove£1,672,1427
BN3 6QLHill DriveHove£1,612,5004
BN3 5DBPembroke AvenueHove£1,540,8513

Least Expensive Streets in BN3 (Hove)

PostcodeStreetAreaAverageNo. of Sales
BN3 6GSStirling Court, Wilbury VillasHove£121,9454
BN3 1JQBell Mead, Holland RoadHove£141,5628
BN3 2PUKingswayHove£157,24216
BN3 3JZMatthew House, Miles WalkHove£161,1663
BN3 1FYKitilear Court, Lansdowne RoadHove£166,6686
BN3 2TSHove StreetHove£172,0836
BN3 7RFSt Peters CloseHove£179,05921
BN3 3JXThe DriveHove£181,33914
BN3 1LUHolland RoadHove£183,50011
BN3 1WEChiddingly House, Chatsworth SquareHove£191,5005

Explore BN3 (Hove) using map

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