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According to the public record, 2, Old School Place, Rye is a modern freehold house with 1,700 ft2 of internal area and sits on a 758 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old School Place, Rye is £713,869 and the estimated rental value is £1,978 per month.
Old School Place, Rye, TN31 is located in the borough of Rother within the TN31 postal district.
2, Old School Place, Rye has a single entry in the Land Registry from March 2013 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property 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 2, Old School Place, Rye is in very good condition we estimate a sale value of £749,562 and a rental value of £2,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £663,898 and a rental value of £1,840 per month.
Over the last 12 months the sale value of 2 Old School Place Rye has decreased by an estimated £13,189 (1.8%) and its rental value has increased by an estimated £36 per month (1.8%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 2, Old School Place, Rye sits on a plot of 758m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Old School Place, Rye sits on the 3rd largest plot.
2, Old School Place, Rye has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Old School Place, Rye was last sold on 28th March 2013 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2013, the market for similar properties has risen 53.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old School Place, Rye within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 3, Old School Place, Rye, TN31 7HR, a freehold house which sold for £670,000 on the 25th April 2019.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old School Place, Rye, TN31 has a total of 4 addresses. According to our analysis of all the public data, 2, Old School Place, Rye is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £272k more expensive than the average property in TN31.
The closest station to 2, Old School Place, Rye is Rye (Sussex) station which is 900 metres away.
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 2, Old School Place, Rye, 49.7% of property is privately owned outright and 17.6% is socially 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 2, Old School Place, Rye, 11.1% of residents are recorded as possessing school level qualifications and 29.6% 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 2, Old School Place, Rye, the average age was 50.6 and the most common age was 72.
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 2, Old School Place, Rye, 0.9% 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 2, Old School Place, Rye, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.