Tower House, Rye
Tower House, Rye
Description & Estimates
Tower House, Rye appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 2,288 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Tower House, Rye is £1,722,227 and its rental estimate is £3,765 per month, given the available information and assuming reasonable condition.
West Street, Rye, TN31 falls within the TN31 postal district, in the borough of Rother.
Our Data Sources
Tower House, Rye has 3 entries in the Land Registry , most recently in December 2022 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 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 Tower House, Rye, we estimate a market value of £1,808,338 and a rental value of £3,953 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,601,671 and £3,501 per month respectively.
Recent Market Change
Over the last year, Tower House, Rye has seen its estimated sale value decrease by £31,951 (1.9%) and its estimated rental value grow by £45 per month (1.2%). This results in an estimated gross rental yield of 2.6%.
Sold Prices
The most recent sale of Tower House, Rye completed on 16th December 2022 at £1,225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 14.6% over the period since December 2022.
- Sold Dec 2022£1,225,000
- Sold Sep 2014£850,000
- Sold Oct 2009£500,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Tower House, Rye have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 5, West Street, Rye, TN31 7ES, a freehold house which sold for £1,180,000.
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 20 addresses on West Street, Rye, TN31, Tower House, Rye comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £1.276m more expensive than the average property across the TN31 district.
More reading links
Schools Nearby
- 500mRye Community Primary School
- 2.4kmSt Michael's Church of England Primary School
- 3.4kmSt Thomas' Church of England Aided Primary School
- 500mRye College
- 11.3kmMulberry Academy Hastings
- 14.1kmArk Alexandra Academy
More reading links
Public Transport Nearby
From Tower House, Rye, the nearest station is Rye (Sussex), 300 metres away.
- 300mRye (Sussex)
- 2.8kmWinchelsea
- 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.
