Mermaid Street - TN31 7EU
Key Postcode Insights
TN31 7EU is a residential postcode situated on Mermaid Street, Rye, TN31 with 17 addresses.
It ranks as the 422nd largest and 352nd most expensive of the 608 postcodes in the TN31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £553,939
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,796pcm
- 10 Year change
- up 67.0%
- Ave. £ per ft²
- £492/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
TN31 7EU is a residential postcode situated on Mermaid Street, Rye, TN31 with 17 addresses.
It ranks as the 422nd largest and 352nd most expensive of the 608 postcodes in the TN31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £553,939
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,796pcm
- 10 Year change
- up 67.0%
- Ave. £ per ft²
- £492/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin TN31 7EU
- Knowle House
5 Bed Period House
- Oak Corner
3 Bed Period House
- 22 Mermaid Street
3 Bed House
- 23 Mermaid Street
3 Bed Period House
- 24 Mermaid Street
4 Bed House
Sales Market Trends
The last sale in TN31 7EU sold for £470,000 on 28th November 2024. Since then prices are down an average of 1.6%.
The current average value in the postcode is £553,939.
The TN31 7EU Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £553,939 |
| June 2025 | -4.1% | £554,353 |
| June 2024 | 0.6% | £578,099 |
| June 2023 | -4.6% | £574,664 |
| June 2022 | 15.8% | £602,068 |
| June 2021 | 3.9% | £520,029 |
| June 2020 | 4% | £500,470 |
| June 2019 | 0.2% | £481,147 |
| June 2018 | 7.4% | £479,967 |
| June 2017 | 4.6% | £446,960 |
| June 2016 | 7.5% | £427,231 |
| June 2015 | 6.8% | £397,489 |
| June 2014 | 1.4% | £372,122 |
| June 2013 | 2.3% | £366,962 |
| June 2012 | 2.6% | £358,597 |
| June 2011 | 2.5% | £349,640 |
| June 2010 | 8.1% | £340,979 |
| June 2009 | -8% | £315,508 |
| June 2008 | -0.1% | £342,763 |
| June 2007 | 0% | £343,254 |
Rental Market Trends
The current average rental value in the postcode is £1,796.
The TN31 7EU Rental Market has increased by 67.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,796pcm |
| June 2025 | 3.1% | £1,765pcm |
| June 2024 | 6.9% | £1,713pcm |
| June 2023 | 6.3% | £1,603pcm |
| June 2022 | 14.6% | £1,507pcm |
| June 2021 | 5.7% | £1,315pcm |
| June 2020 | 4.4% | £1,244pcm |
| June 2019 | 3% | £1,192pcm |
| June 2018 | 3.1% | £1,158pcm |
| June 2017 | 4.4% | £1,123pcm |
| June 2016 | 5% | £1,075pcm |
| June 2015 | 7.3% | £1,024pcm |
| June 2014 | 2.5% | £954pcm |
| June 2013 | 1.7% | £931pcm |
| June 2012 | 1.3% | £916pcm |
| June 2011 | 2.5% | £904pcm |
| June 2010 | 8.9% | £882pcm |
| June 2009 | -7.4% | £810pcm |
| June 2008 | 6% | £876pcm |
| June 2007 | 0% | £826pcm |
Sales History
The last sale was on 28th November 2024 for £470,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 23 sales since 1995.
TN31 7EU has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£470,000 | 3 Bed HouseOak Corner, Mermaid Street, Rye, TN31 7EUOak Corner, Mermaid Street, Rye, TN31 7EU
- Sold Nov 2023£499,950 | 3 Bed House40, Mermaid Street, Rye, TN31 7EU40, Mermaid Street, Rye, TN31 7EU
- Sold Jun 2023£375,000 | 2 Bed House26, Mermaid Street, Rye, TN31 7EU26, Mermaid Street, Rye, TN31 7EU
- Sold Jun 2021£1,275,000 | 5 Bed House30, Mermaid Street, Rye, TN31 7EU30, Mermaid Street, Rye, TN31 7EU
- Sold May 2021£425,000 | 3 Bed HouseOak Corner, Mermaid Street, Rye, TN31 7EUOak Corner, Mermaid Street, Rye, TN31 7EU
Nearby Postcodes
TN31 7EU is the 422nd largest and the 352nd most expensive postcode out of the 608 postcodes in the TN31 area.
- TN31 7ET, Mermaid Street, Rye, TN31TN31 7ET11 Addresses|41 m away
- TN31 7EX, Traders Passage, Rye, TN31TN31 7EX9 Addresses|49 m away
- TN31 7EP, Hylands Yard, Rye, TN31TN31 7EP6 Addresses|49 m away
- TN31 7EW, The Mint, Rye, TN31TN31 7EW15 Addresses|59 m away
- TN31 7ER, Mermaid Passage, Rye, TN31TN31 7ER5 Addresses|61 m away
Property Types
- 7 period houses built between 1800 and 1911
- 5 houses of an unknown age
- 5 other addresses of unknown type
- period house (7)
- house (5)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Apr 2013£1,350,000 | 5 Bed House4, Mermaid Street, Rye, TN31 7ET4, Mermaid Street, Rye, TN31 7ET
- Sold Feb 2017£1,300,000 | 4 Bed House5-6, Mermaid Street, Rye, TN31 7ET5-6, Mermaid Street, Rye, TN31 7ET
- Sold Oct 2025£1,300,000 | 5 Bed House7, Mermaid Street, Rye, TN31 7ET7, Mermaid Street, Rye, TN31 7ET
Schools Nearby
- Rye Community Primary School500 m away
- St Michael's Church of England Primary School2.4 km away
- St Thomas' Church of England Aided Primary School3.4 km away
- Rye College600 m away
- Mulberry Academy Hastings11.3 km away
- Ark Alexandra Academy14.1 km away
More reading links
Public Transport Nearby
The closest station to TN31 7EU is Rye (Sussex) station, which is 300 metres away.
- Rye (Sussex)|300 m away
- Winchelsea|2.7 km away
- Doleham|9.2 km away
- Three Oaks|9.9 km away