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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 21, The Close, Rye is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 762 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, The Close, Rye is £179,628 and the estimated rental value is £1,038 per month.
The Close, Rye, TN31 is located in the borough of Rother within the TN31 postal district.
21, The Close, Rye has 31 entries in the Land Registry , most recently in April 2017 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 21, The Close, Rye is in very good condition we estimate a sale value of £188,609 and a rental value of £1,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,054 and a rental value of £965 per month.
Over the last 12 months the sale value of 21 The Close Rye has decreased by an estimated £1,330 (0.7%) and its rental value has increased by an estimated £28 per month (2.7%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 21, The Close, Rye was last sold on 7th April 2017 for £165,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2017, the market for similar properties has risen 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, The Close, Rye within a radius of 850 metres over the last 2 years.
The most recent example is 7, Lea Avenue, Rye, TN31 7BH, a leasehold flat which sold for £190,000 on the 4th March 2024.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Close, Rye, TN31 has a total of 32 addresses. According to our analysis of all the public data, 21, The Close, Rye is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £262k less expensive than the average property in TN31.
The closest station to 21, The Close, Rye is Rye (Sussex) station which is 500 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 21, The Close, Rye, 55.5% of property is socially rented and 25.2% is privately owned outright.
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 21, The Close, Rye, 22.0% of residents are recorded as possessing school level qualifications and 19.5% 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 21, The Close, Rye, the average age was 48.9 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 21, The Close, Rye, 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 21, The Close, Rye, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
