8, Mermaid Street
8, Mermaid Street
Description & Estimates
8, Mermaid Street, Rye is recorded publicly as a period freehold house across 973 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Mermaid Street, Rye is £728,081 and its rental estimate is £1,904 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
8, Mermaid Street, Rye has a single entry in the Land Registry from November 2009 and a single entry in the EPC database dated July 2009.
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 8, Mermaid Street, Rye, we estimate a market value of £764,485 and a rental value of £1,999 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £677,115 and £1,770 per month respectively.
Recent Market Change
Over the last year, 8, Mermaid Street, Rye has seen its estimated sale value increase by £1,942 (0.3%) and its estimated rental value grow by £58 per month (3.0%). This results in an estimated gross rental yield of 3.1%.
Energy Efficiency
8, Mermaid Street, Rye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Mermaid Street, Rye completed on 20th November 2009 at £545,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 74.0% over the period since November 2009.
- Sold Nov 2009£545,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Mermaid Street, Rye have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th May 2022, was 3, Jarretts Close, Rye, TN31 7PZ, a freehold house which sold for £600,000.
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
Of the 28 addresses on Mermaid Street, Rye, TN31, 8, Mermaid Street, Rye comes out as the 19th largest and the 13th most expensive in our analysis of the public data.
It is also £282k more expensive than the average property across the TN31 district.
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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
From 8, 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.
