4, Mermaid Street
4, Mermaid Street
Description & Estimates
The public record lists 4, Mermaid Street, Rye as a freehold house sitting on a 630 m2 plot.
Comparison with its neighbours suggests a period house with 2,960 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
4, Mermaid Street, Rye has an estimated sale value of £1,533,795 and an estimated rental value of £3,353 per month, assuming reasonable condition and based on the information available.
Mermaid Street, Rye, TN31 lies in the borough of Rother, within the TN31 postal district.
Our Data Sources
4, Mermaid Street, Rye has 21 entries in the Land Registry , most recently in April 2013 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
In very good condition, we estimate 4, Mermaid Street, Rye would be worth £1,610,485, with a potential rental value of £3,521 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,426,430, with a rental value of £3,118 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Mermaid Street, Rye has dropped by £28,455 (1.9%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (1.2%). The property's estimated gross yield is currently 2.6%.
Plot Size
4, Mermaid Street, Rye occupies a 630 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the largest.
Sold Prices
4, Mermaid Street, Rye last changed hands on 19th April 2013, selling for £1,350,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 38.7% since April 2013.
- Sold Apr 2013£1,350,000
- Sold Feb 1998£142,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 880 metres of 4, Mermaid Street, Rye across the last 2 years.
Most recently, 40, Mermaid Street, Rye, TN31 7EU, a freehold house, sold at £499,950 on the 17th November 2023.
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
Our analysis of the public data ranks 4, Mermaid Street, Rye as the largest and the most expensive of the 28 addresses on Mermaid Street, Rye, TN31.
Against the TN31 postcode district average, it is £1.088m more expensive than the typical property.
More reading links
Schools Nearby
- 600mRye Community Primary School
- 2.4kmSt Michael's Church of England Primary School
- 3.3kmSt Thomas' Church of England Aided Primary School
- 600mRye College
- 11.3kmMulberry Academy Hastings
- 14.1kmArk Alexandra Academy
More reading links
Public Transport Nearby
Rye (Sussex) station is the nearest stop to 4, Mermaid Street, Rye at 300 metres away.
- 300mRye (Sussex)
- 2.7kmWinchelsea
- 9.2kmDoleham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
