House prices in BN3 7 (Hove)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BN3 7' (Hove) - statistics were last calculated on 30 June 2024.

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Defining 'BN3 7'

This analysis is limited to properties whose postcode starts with "BN3 7", 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 labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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Change sector

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

Price per square metre

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

£ per sqm = price ÷ internal area

E.g. 96, Rowan Avenue, Hove, sold for £430,000 on May-2024. Given the internal area of 79 square metres, the price per sqm is £5,443.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 177 sales in Hove (BN3 7) that took place in the last two years.

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 7). Of the 177 transactions, half were sold for between £4,710 and £6,250 per square metre. The median, or 'middle', price per square metre in 'BN3 7' is £5,450. Notably, only 25% of properties that sold recently were valued at more than £6,250 sqm. 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 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BN3 1 Hove	£5,000 sqm	£5,680 sqm	£6,380 sqm
BN3 6 Hove	£5,540 sqm	£6,270 sqm	£7,440 sqm
BN3 7 Hove	£4,710 sqm	£5,450 sqm	£6,250 sqm
BN3 8 Hove	£4,730 sqm	£5,360 sqm	£6,360 sqm
BN3 5 Hove	£5,560 sqm	£6,180 sqm	£6,910 sqm
BN3 2 Hove	£5,000 sqm	£5,860 sqm	£6,620 sqm
BN3 3 Hove	£4,890 sqm	£5,550 sqm	£6,340 sqm
BN3 4 Hove	£5,080 sqm	£5,860 sqm	£6,980 sqm

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 7 (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 £sqm	Recent sales
Elm Drive, Hove, BN3 7J	98 sqm	£5,323	30
Holmes Avenue, Hove, BN3 7L	104 sqm	£4,716	28
Nevill Road, Hove, BN3 7B	88 sqm	£5,121	22
St Peters Close, Hove, BN3 7R	53 sqm	£3,215	21
Rowan Avenue, Hove, BN3 7J	88 sqm	£5,415	20
Nevill Avenue, Hove, BN3 7N	128 sqm	£5,182	20
Hallyburton Road, Hove, BN3 7G	97 sqm	£5,702	17
Stapley Road, Hove, BN3 7F	68 sqm	£5,059	17

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	sqm	£/sqm
96, Rowan Avenue, Hove	£430,000 May-2024	79	5,443
19, Egmont Rd, Hove	£340,000 May-2024	68	5,000
74, Nevill Avenue, Hove	£873,000 Apr-2024	184	4,744

See the entire list of all sales in Hove (BN3 7) here.