26, Mermaid Street
26, Mermaid Street
Description & Estimates
26, Mermaid Street, Rye is recorded publicly as a period freehold house across 668 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 26, Mermaid Street, Rye is £372,703 and its rental estimate is £1,141 per month, given the available information and assuming reasonable condition.
Mermaid Street, Rye, TN31 falls within the TN31 postal district, in the borough of Rother.
Our Data Sources
26, Mermaid Street, Rye has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated August 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 26, Mermaid Street, Rye, we estimate a market value of £391,338 and a rental value of £1,198 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £346,614 and £1,061 per month respectively.
Recent Market Change
Over the last year, 26, Mermaid Street, Rye has seen its estimated sale value move up by £3,002 (0.8%) and its estimated rental value increase by £41 per month (3.6%). This results in an estimated gross rental yield of 3.7%.
Energy Efficiency
26, Mermaid Street, Rye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 26, Mermaid Street, Rye completed on 27th June 2023 at £375,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 2.1% over the period since June 2023.
- Sold Jun 2023£375,000
- Sold Aug 2013£375,000
- Sold Jun 2006£249,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 26, Mermaid Street, Rye have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 1 Pump Cottage, Wish Ward, Rye, TN31 7DH, a freehold house which sold for £360,000.
Read more about house prices in TN31.
- Sold Sep 2024£360,000 | 3 Bed House1 Pump Cottage, Wish Ward, Rye, TN31 7DH1 Pump Cottage, Wish Ward, Rye, TN31 7DH
- Sold Mar 2024£375,000 | 2 Bed House6, Rope Walk, Rye, TN31 7NA6, Rope Walk, Rye, TN31 7NA
- Sold Oct 2023£340,000 | 2 Bed House2, Hylands Yard, Rye, TN31 7EP2, Hylands Yard, Rye, TN31 7EP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Mermaid Street, Rye, TN31, 26, Mermaid Street, Rye comes out as the 28th largest and the 27th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the TN31 district.
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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
From 26, Mermaid Street, Rye, the nearest station is Rye (Sussex), 300 metres away.
- 300mRye (Sussex)
- 2.7kmWinchelsea
- 9.2kmDoleham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
