BN3 1RD is a residential postcode situated on Montefiore Road, Hove, BN3 with 45 addresses.
It ranks as the 1065th largest and 539th most expensive of the 1,368 postcodes in the BN3 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 45 properties: 3 houses and 42 flats.
BN3 1RD is a residential postcode situated on Montefiore Road, Hove, BN3 with 45 addresses.
It ranks as the 1065th largest and 539th most expensive of the 1,368 postcodes in the BN3 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 45 properties: 3 houses and 42 flats.
Sale prices range from £166,358 for studio leasehold flats with a garden (243 ft2) to £1,000,437 for 5 bedroom freehold houses with a garden (1,797 ft2) .
Monthly rental prices range from £788 pcm for studio flats to £3,797 pcm for 5 bed houses.
The gross rental yield is between 4.4% and 6.1%.
The average value per square foot is £492.
The last sale in BN3 1RD sold for £315,000 on 17th March 2025. Since then prices are down an average of 3.9%.
The current average value in the postcode is £383,182.
The BN3 1RD Sales Market has increased by 5.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.1% | £383,182 |
| May 2025 | -1.4% | £399,523 |
| May 2024 | -2.1% | £405,399 |
| May 2023 | -0.9% | £413,960 |
| May 2022 | 7.3% | £417,867 |
| May 2021 | 5.1% | £389,280 |
| May 2020 | 1.8% | £370,428 |
| May 2019 | -0.7% | £363,892 |
| May 2018 | -0.6% | £366,640 |
| May 2017 | 1.8% | £368,706 |
| May 2016 | 9.2% | £362,036 |
| May 2015 | 10.5% | £331,551 |
| May 2014 | 11.5% | £299,974 |
| May 2013 | 2.1% | £269,093 |
| May 2012 | 1.8% | £263,609 |
| May 2011 | 0.1% | £258,833 |
| May 2010 | 13.6% | £258,653 |
| May 2009 | -12.6% | £227,711 |
| May 2008 | -0.1% | £260,561 |
| May 2007 | 0% | £260,713 |
The current average rental value in the postcode is £1,632.
The BN3 1RD Rental Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,632pcm |
| May 2025 | 1.9% | £1,596pcm |
| May 2024 | 3.7% | £1,566pcm |
| May 2023 | 6% | £1,511pcm |
| May 2022 | 8.2% | £1,425pcm |
| May 2021 | 5.7% | £1,317pcm |
| May 2020 | 0.6% | £1,245pcm |
| May 2019 | 1.8% | £1,237pcm |
| May 2018 | 0.5% | £1,215pcm |
| May 2017 | -1.5% | £1,209pcm |
| May 2016 | 3.8% | £1,228pcm |
| May 2015 | 5.1% | £1,183pcm |
| May 2014 | 4.6% | £1,126pcm |
| May 2013 | 1.4% | £1,077pcm |
| May 2012 | 2.4% | £1,062pcm |
| May 2011 | 4.6% | £1,037pcm |
| May 2010 | 6.6% | £991pcm |
| May 2009 | -5.5% | £930pcm |
| May 2008 | 4.6% | £984pcm |
| May 2007 | 0% | £940pcm |
The last sale was on 17th March 2025 for £315,000 and since then the market in the area has decreased by 3.9%. The postcode has had a total of 52 sales since 1995.
BN3 1RD has seen 3 sales in the last three years and no sales in the last twelve months.
BN3 1RD is the 1065th largest and the 539th most expensive postcode out of the 1,368 postcodes in the BN3 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around BN3 1RD, 43.1% of property is privately owned with a mortgage and 33.6% is privately rented.
The graph below shows how this compares to South East 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 BN3 1RD, 24.5% of residents are recorded as possessing school level qualifications and 65.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around BN3 1RD, the average age was 40.7 and the most common age was 32.
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 BN3 1RD, 0.7% 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 BN3 1RD, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.