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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
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According to the public record, The Penthouse, Rye is a modern apartment with 1,303 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Penthouse, Rye is £365,518 and the estimated rental value is £1,421 per month.
The Strand, Rye, TN31 is located in the borough of Rother within the TN31 postal district.
The Penthouse, Rye has no records in the the Land Registry and a single entry in the EPC database dated June 2009.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If The Penthouse, Rye is in very good condition we estimate a sale value of £383,794 and a rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,932 and a rental value of £1,321 per month.
Over the last 12 months the sale value of The Penthouse Rye has decreased by an estimated £8,573 (2.3%) and its rental value has increased by an estimated £12 per month (0.9%), giving an expected gross yield of 4.7%.
The Penthouse, Rye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Penthouse, Rye within a radius of 850 metres over the last 2 years.
The most recent example is Flat 6, Old Granary 48, Ferry Road, Rye, TN31 7DN, a leasehold flat which sold for £370,000 on the 28th November 2022.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Strand, Rye, TN31 has a total of 26 addresses. According to our analysis of all the public data, The Penthouse, Rye is the 2nd largest and the 11th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in TN31.
The closest station to The Penthouse, Rye is Rye (Sussex) station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The Penthouse, Rye, 42.4% of property is privately rented and 39.2% is privately owned outright.
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 The Penthouse, Rye, 7.1% of residents are recorded as possessing school level qualifications and 47.5% 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 The Penthouse, Rye, the average age was 48.9 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 The Penthouse, Rye, 1.7% 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 The Penthouse, Rye, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
