40A, Mermaid Street
40A, Mermaid Street
Description & Estimates
40A, Mermaid Street, Rye appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 909 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 40A, Mermaid Street, Rye is £454,894 and its rental estimate is £1,357 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
40A, Mermaid Street, Rye has 21 entries in the Land Registry , most recently in October 2018 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
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 40A, Mermaid Street, Rye, we estimate a market value of £477,638 and a rental value of £1,425 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £423,051 and £1,262 per month respectively.
Recent Market Change
Over the last year, 40A, Mermaid Street, Rye has seen its estimated sale value grow by £1,213 (0.3%) and its estimated rental value climb by £41 per month (3.0%). This results in an estimated gross rental yield of 3.6%.
Sold Prices
The most recent sale of 40A, Mermaid Street, Rye completed on 11th October 2018 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 17.6% over the period since October 2018.
- Sold Oct 2018£350,000
- Sold Nov 2000£128,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40A, 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 November 2025, was Swan House Cottage, Watchbell Street, Rye, TN31 7HA, a freehold house which sold for £262,000.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Mermaid Street, Rye, TN31, 40A, Mermaid Street, Rye comes out as the 22nd largest and the 21st most expensive in our analysis of the public data.
It is also £9k more expensive than the average property across the TN31 district.
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
From 40A, 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.
