24, Mermaid Street
24, Mermaid Street
Description & Estimates
According to the public record, 24, Mermaid Street, Rye is a freehold house that sits on a 35.7 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 1,458 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Mermaid Street, Rye is £583,837 and the estimated rental value is £1,576 per month.
Mermaid Street, Rye, TN31 is located in the borough of Rother within the TN31 postal district.
Our Data Sources
24, Mermaid Street, Rye has 21 entries in the Land Registry , most recently in July 2010 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.
Price Range & Condition
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 24, Mermaid Street, Rye is in very good condition we estimate a sale value of £613,028 and a rental value of £1,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,968 and a rental value of £1,465 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Mermaid Street, Rye has decreased by £6,862 (1.2%), while its estimated rental value has grown by £22 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 3.2%.
Plot Size
According to data from HM Land Registry, 24, Mermaid Street, Rye sits on a plot of 36 m2.
We have plot size data on 9 out of 17 other houses in the postcode and 24, Mermaid Street, Rye sits on the 9th largest plot.
Sold Prices
According to HM Land Registry, 24, Mermaid Street, Rye was last sold on 23rd July 2010 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2010, the market for similar properties has risen by 55.2%.
- Sold Jul 2010£430,000
- Sold Jun 2006£285,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Mermaid Street, Rye within a radius of 840 metres over the last 2 years.
The most recent example is Oak Corner, Mermaid Street, Rye, TN31 7EU, a freehold house which sold for £470,000 on the 28th November 2024.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mermaid Street, Rye, TN31 has a total of 28 addresses. According to our analysis of all the public data, 24, Mermaid Street, Rye is the 12th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in TN31.
More reading links
Schools Nearby
- 500mRye Community Primary School
- 2.4kmSt Michael's Church of England Primary School
- 3.4kmSt Thomas' Church of England Aided Primary School
- 600mRye College
- 11.3kmMulberry Academy Hastings
- 14.1kmArk Alexandra Academy
More reading links
Public Transport Nearby
The closest station to 24, Mermaid Street, Rye is Rye (Sussex) station, which is 300 metres away.
- 300mRye (Sussex)
- 2.7kmWinchelsea
- 9.2kmDoleham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
