Flat 7, 15 First Avenue, Hove, BN3 2FG is a leasehold flat built between 1900-1929. The property offers approximately 570 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £274,054 , which equates to approximately £480 per square foot. It was last sold on 4 Nov 2015 for £225,000. Since then, the value has increased by £49,054, representing a 21.8% increase, or approximately 2.2% per year.

The current estimated value of £274,054 is:

  • 37.2% lower than the average property price on First Avenue
  • 40.1% lower than the average in the BN3 2FG postcode area
  • and 40.8% lower than the average price for Hove as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 1 December 2020, the property was recorded as rented.

View sold house prices in BN3 2FG

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£274,054
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 15 First Avenue, Hove, Brighton And Hove, East Sussex, BN3 2FG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 1 Dec 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Nov 2020, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 184.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, no insulation to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 29% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to BN3 2FG

47 th / 54
Price Rank
40% lower than average
27 th / 34
Size Rank
32% smaller than average
25 th / 34
Price Per Sq FT Rank
12% lower than average

Compared to other properties in BN3 2FG , this flat's estimated value ranks 47th out of 54. Based on price per square foot, it ranks 25th out of 34 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 27th out of 34 properties in its postcode area.

Sale History

Today
£274,054
streetscan.co.uk estimate
+22 %
4 Nov 2015
£225,000
Leasehold
+38.9 %
13 Jul 2006
£162,000
Leasehold
+33.9 %
12 Nov 2004
£121,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £350,000
sale date: 12 Jul 2013
rooms: 3
size: 646 sq ft
sale price: £55,000
sale date: 12 Sep 1997
rooms: 3
size: 614 sq ft
sale price: £41,000
sale date: 6 Nov 1995

Data Sources

The property at Flat 7, 15 First Avenue, Hove, BN3 2FG appears three times in the Land Registry records, with the latest transaction recorded on 4 Nov 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Dec 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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