40, Mermaid Street
40, Mermaid Street
Description & Estimates
According to the public record, 40, Mermaid Street, Rye is a period freehold house with 742 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Mermaid Street, Rye is £401,898 and the estimated rental value is £1,240 per month.
Mermaid Street, Rye, TN31 is located in the borough of Rother within the TN31 postal district.
Our Data Sources
40, Mermaid Street, Rye has 31 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated June 2020.
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
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 40, Mermaid Street, Rye is in very good condition we estimate a sale value of £421,993 and a rental value of £1,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,765 and a rental value of £1,153 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Mermaid Street, Rye has increased by £1,072 (0.3%), while its estimated rental value has grown by £38 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Energy Efficiency
40, Mermaid Street, Rye has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 40, Mermaid Street, Rye was last sold on 17th November 2023 for £499,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2023, the market for similar properties has risen by 1.1%.
- Sold Nov 2023£499,950
- Sold Jan 2015£350,000
- Sold Oct 2003£201,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Mermaid Street, Rye within a radius of 870 metres over the last 2 years.
The most recent example is 72, Church Square, Rye, TN31 7HF, a freehold house which sold for £407,500 on the 11th June 2025.
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, 40, Mermaid Street, Rye is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in TN31.
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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
The closest station to 40, 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.
