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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Lantern Lodge, Rye is described in the public record as an early-century house with 2,233 ft2 of internal area, sitting on a 724 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Lantern Lodge, Rye is £605,789 and its rental estimate is £2,124 per month, given the available information and assuming reasonable condition.
St. Marys Close, Brede, Rye, TN31 falls within the TN31 postal district, in the borough of Rother.
Lantern Lodge, Rye has no records in the the Land Registry and a single entry in the EPC database dated January 2012.
We combine this information with public data 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.
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 Lantern Lodge, Rye, we estimate a market value of £636,079 and a rental value of £2,230 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £563,384 and £1,975 per month respectively.
Over the last year, Lantern Lodge, Rye has seen its estimated sale value decline by £11,239 (1.9%) and its estimated rental value climb by £25 per month (1.2%). This results in an estimated gross rental yield of 4.2%.
HM Land Registry records the plot of land for Lantern Lodge, Rye as measuring 724 m2.
That makes it the 7th largest plot in the postcode, where all 13 other houses have recorded plot data.
Lantern Lodge, Rye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Lantern Lodge, Rye have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2020, was The Mill House, Rye, TN31 6EA, a freehold house which sold for £640,000.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on St. Marys Close, Brede, Rye, TN31, Lantern Lodge, Rye comes out as the largest and the most expensive in our analysis of the public data.
It is also £160k more expensive than the average property across the TN31 district.
From Lantern Lodge, Rye, the nearest station is Doleham, 2.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Lantern Lodge, Rye, 59.5% of property is privately owned outright and 27.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lantern Lodge, Rye, 9.9% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lantern Lodge, Rye, the average age was 50.7 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lantern Lodge, Rye, 1.1% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lantern Lodge, Rye, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
