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Company No. 11113204
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According to the public record, 124, Rye Road, Hastings is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 864 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 124, Rye Road, Hastings is £196,943 and the estimated rental value is £1,036 per month.
Rye Road, Hastings, TN35 is located in the borough of Hastings within the TN35 postal district.
124, Rye Road, Hastings has 21 entries in the Land Registry , most recently in September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 124, Rye Road, Hastings is in very good condition we estimate a sale value of £206,791 and a rental value of £1,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,157 and a rental value of £964 per month.
Over the last 12 months the sale value of 124 Rye Road Hastings has decreased by an estimated £2,992 (1.5%) and its rental value has increased by an estimated £22 per month (2.1%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 124, Rye Road, Hastings was last sold on 7th September 2012 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2012, the market for similar properties has risen 158.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124, Rye Road, Hastings within a radius of 640 metres over the last 2 years.
The most recent example is Flat 1, 469, Old London Road, Hastings, TN35 5BP, a leasehold flat which sold for £195,000 on the 24th May 2024.
Read more about house prices in TN35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rye Road, Hastings, TN35 has a total of 158 addresses. According to our analysis of all the public data, 124, Rye Road, Hastings is the 81st largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in TN35.
The closest station to 124, Rye Road, Hastings is Ore station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 124, Rye Road, Hastings, 75.9% of property is socially rented and 9.8% 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 124, Rye Road, Hastings, 34.0% of residents are recorded as possessing school level qualifications and 17.2% 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 124, Rye Road, Hastings, the average age was 39.6 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 124, Rye Road, Hastings, 0.0% 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 124, Rye Road, Hastings, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
