House prices in BN3 5 (Hove)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BN3 5' (Hove) - statistics were last calculated on 30 August 2024.

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Defining 'BN3 5'

This analysis is limited to properties whose postcode starts with "BN3 5", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Hove.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Hove is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. 60, Stoneham Road, Hove, sold for £625,000 on Jul-2024. Given the internal area of 1,001 square feet, the price per sqft is £624.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £529-£557, £557-£585, £585-£613 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 216 sales in Hove (BN3 5) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Hove (BN3 5). Of the 216 transactions, half were sold for between £524 and £635 per square foot. The median, or 'middle', price per square foot in 'BN3 5' is £574. Notably, only 25% of properties that sold recently were valued at more than £635 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Hove

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Hove. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Hove

Comparison with neighbouring postcode sectors

The table below shows how 'BN3 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BN3 5 Hove	£524 sqft	£574 sqft	£635 sqft
BN3 2 Hove	£464 sqft	£548 sqft	£623 sqft
BN3 3 Hove	£464 sqft	£518 sqft	£589 sqft
BN3 4 Hove	£471 sqft	£550 sqft	£646 sqft
BN3 1 Hove	£460 sqft	£520 sqft	£592 sqft
BN3 7 Hove	£442 sqft	£513 sqft	£589 sqft
BN3 8 Hove	£444 sqft	£508 sqft	£598 sqft
BN3 6 Hove	£509 sqft	£577 sqft	£691 sqft

Will Hove house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BN3 5 (Hove) compared with both the wider area BN3 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Hove to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Hove and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqft	Recent sales
Wordsworth Street, Hove, BN3 5B	925 sqft	£586	26
Montgomery Street, Hove, BN3 5B	893 sqft	£576	23
Coleridge Street, Hove, BN3 5A	936 sqft	£561	22
Bolsover Road, Hove, BN3 5H	807 sqft	£576	21
Byron Street, Hove, BN3 5B	936 sqft	£595	21
Westbourne Street, Hove, BN3 5P	688 sqft	£462	21
Grange Road, Hove, BN3 5H	721 sqft	£566	20
Cowper Street, Hove, BN3 5B	893 sqft	£615	18

Search for your street here.

Raw data

Our analysis of Hove is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqft	£/sqft
60, Stoneham Rd, Hove	£625,000 Jul-2024	1,001	624
40, Byron St, Hove	£644,500 Jul-2024	1,162	554
33, Kendal Rd, Hove	£625,000 Jun-2024	1,033	604

See the entire list of all sales in Hove (BN3 5) here.