Chestnut Cottage, Rye
Chestnut Cottage, Rye
Description & Estimates
Chestnut Cottage, Rye is recorded publicly as a period freehold house across 484 ft2 of internal area, sitting on a 188 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Chestnut Cottage, Rye is £241,470 and its rental estimate is £1,060 per month, given the available information and assuming reasonable condition.
Main Street, Peasmarsh, Rye, TN31 falls within the TN31 postal district, in the borough of Rother.
Our Data Sources
Chestnut Cottage, Rye has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Chestnut Cottage, Rye, we estimate a market value of £253,544 and a rental value of £1,113 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,568 and £986 per month respectively.
Recent Market Change
Over the last year, Chestnut Cottage, Rye has seen its estimated sale value move up by £1,945 (0.8%) and its estimated rental value increase by £38 per month (3.6%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for Chestnut Cottage, Rye as measuring 188 m2.
That makes it the 43rd largest plot in the postcode, where 48 of the 52 other houses have recorded plot data.
Energy Efficiency
Chestnut Cottage, Rye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2022.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Chestnut Cottage, Rye completed on 17th January 2024 at £240,000 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 dropped by 5.0% over the period since January 2024.
- Sold Jan 2024£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Chestnut Cottage, Rye have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th December 2017, was 2 The Bungalows, School Lane, Rye, TN31 6UW, a freehold house which sold for £227,000.
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 165 addresses on Main Street, Peasmarsh, Rye, TN31, Chestnut Cottage, Rye comes out as the 164th largest and the 159th most expensive in our analysis of the public data.
It is also £204k less expensive than the average property across the TN31 district.
More reading links
Schools Nearby
- 400mPeasmarsh Church of England Primary School
- 3.0kmRye Community Primary School
- 3.4kmSt Michael's Church of England Primary School
- 3.1kmRye College
- 11.4kmMulberry Academy Hastings
- 11.8kmHomewood School and Sixth Form Centre
More reading links
Public Transport Nearby
From Chestnut Cottage, Rye, the nearest station is Rye (Sussex), 3.2 kilometres away.
- 3.2kmRye (Sussex)
- 4.1kmWinchelsea
- 8.2kmDoleham
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.
