Gemstone Cottage, Rye
Gemstone Cottage, Rye
Description & Estimates
Gemstone Cottage, Rye appears in the public record as a freehold house sitting on a 193 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 505 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of Gemstone Cottage, Rye is £270,362 and its rental estimate is £1,069 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
Gemstone Cottage, Rye has a single entry in the Land Registry from March 2007 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 4 out of 5 and is considered of high 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 Gemstone Cottage, Rye, we estimate a market value of £283,880 and a rental value of £1,122 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,436 and £994 per month respectively.
Recent Market Change
Over the last year, Gemstone Cottage, Rye has seen its estimated sale value climb by £2,178 (0.8%) and its estimated rental value rise by £39 per month (3.6%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for Gemstone Cottage, Rye as measuring 193 m2.
That makes it the 17th largest plot in the postcode, where 21 of the 22 other houses have recorded plot data.
Sold Prices
The most recent sale of Gemstone Cottage, Rye completed on 30th March 2007 at £87,500 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 57.5% over the period since March 2007.
- Sold Mar 2007£87,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Gemstone Cottage, Rye have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th April 2024, was St. Peters Cottage, School Lane, Rye, TN31 6UW, a freehold house which sold for £160,000.
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 165 addresses on Main Street, Peasmarsh, Rye, TN31, Gemstone Cottage, Rye comes out as the 163rd largest and the 153rd most expensive in our analysis of the public data.
It is also £175k less expensive than the average property across the TN31 district.
More reading links
Schools Nearby
- 200mPeasmarsh Church of England Primary School
- 3.5kmRye Community Primary School
- 3.8kmSt Michael's Church of England Primary School
- 3.6kmRye College
- 11.5kmMulberry Academy Hastings
- 11.6kmHomewood School and Sixth Form Centre
More reading links
Public Transport Nearby
From Gemstone Cottage, Rye, the nearest station is Rye (Sussex), 3.7 kilometres away.
- 3.7kmRye (Sussex)
- 4.4kmWinchelsea
- 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.
