According to the public record, 3, Derek Avenue, Hove is a early-century freehold house with 1,453 ft2 of internal area and sits on a 258 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Derek Avenue, Hove, BN3 is located within the BN3 postal district.
3, Derek Avenue, Hove has 51 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Derek Avenue Hove as £922,519 and the rental value as £3,296 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 3 Derek Avenue Hove has increased by £7,629 (0.8%) and its rental value has increased by £292 per month (8.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Derek Avenue, Hove is in very good condition we estimate a sale value of £968,645 and rental value of £3,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £857,943 and a rental value of £3,065 per month.
If you were able to purchase this property for the estimated value of £922,519, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,534 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 3, Derek Avenue, Hove sits on a plot of 258m2.
We have plot size data on 19 out of 31 other houses in the postcode and 3, Derek Avenue, Hove sits on the 2nd largest plot.
According to HM Land Registry, 3, Derek Avenue, Hove was last sold on 08 Dec 2015 for £650,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2015, the market for similar properties has risen 25.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Derek Avenue, Hove within a radius of 550 metres over the last 2 years.
The most recent example is 1, Brittany Road, Hove, BN3 4PA, a Freehold house which sold for £870,000 in Oct 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derek Avenue, Hove, BN3 has a total of 55 addresses. According to our analysis of all the public data, 3, Derek Avenue, Hove is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £423k more expensive than the average property in BN3.
3, Derek Avenue, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 3, Derek Avenue, Hove is Portslade station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Derek Avenue, Hove, 34.2% of property is privately owned outright and 34.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Derek Avenue, Hove, 25.7% of residents are recorded as possessing school level qualifications and 58.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Derek Avenue, Hove, the average age was 38.8 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Derek Avenue, Hove, 0.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Derek Avenue, Hove, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.