Oak Corner, Rye
Oak Corner, Rye
Description & Estimates
Oak Corner, Rye is recorded publicly as a period freehold house across 1,291 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Oak Corner, Rye is £562,312 and its rental estimate is £1,548 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
Oak Corner, Rye has 21 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated September 2024.
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 Oak Corner, Rye, we estimate a market value of £590,427 and a rental value of £1,625 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £522,950 and £1,440 per month respectively.
Recent Market Change
Over the last year, Oak Corner, Rye has seen its estimated sale value increase by £1,500 (0.3%) and its estimated rental value grow by £47 per month (3.0%). This results in an estimated gross rental yield of 3.3%.
Energy Efficiency
Oak Corner, Rye has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Sep 2024.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Oak Corner, Rye completed on 28th November 2024 at £470,000 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 1.6% over the period since November 2024.
- Sold Nov 2024£470,000
- Sold Jul 2006£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Oak Corner, Rye have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th June 2022, was 43, The Mint, Rye, TN31 7EN, a freehold house which sold for £725,000.
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, Oak Corner, Rye comes out as the 13th largest and the 18th most expensive in our analysis of the public data.
It is also £117k more expensive than the average property across the TN31 district.
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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 Oak Corner, 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.
