Mermaid Street, Rye, TN31

Street Guide For Mermaid Street, Rye, TN31

 

Mermaid Street, Rye, TN31 Map

Estimated Price: £642,837
Average Asking Price: £429,418
Price change in last one year: £52,461
Average Price Paid: £585,833
Average Rent Rates: £1,215

 

Property Prices Breakdown in Mermaid Street, Rye, TN31

Average Price for property in Mermaid Street, Rye, TN31 is around £642,837 which varies based on type of property you are interested in and ranges from £1,626,143 for detached house to around £617,566 for semi-detached. Similarly terraced house is around £567,214. Values have been changing and have risen £3,829 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,044 in last 6 months, £52,461 in last 1 year, £78,290 in last 2 years, £92,672 in last 3 years, £75,678 in last 4 years and £79,729 in last 5 years.

Currently average asking price of a property in Mermaid Street, Rye, TN31 is around £429,418 based on approximately 0 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,215 per month.

Estimated property value in Mermaid Street, Rye, TN31 is £642,837. Average asking price is £429,418 while average price paid is £862,500 which is up by £92,672 and Avg. asking rent £1,215.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Mermaid Street, Rye, TN31 area. In last 3 years alone average price buyer paid is around £862,500 based on approximately 2 sales in Mermaid Street, Rye, TN31 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £585,833. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £596,250 for 8 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £94,975, £137,296 for a 2 bedroom house, £341,171 for a 3 bedroom house, £608,971 for a 4 bedroom house and £737,908 for a 5 bedroom house. For a flat similarly the prices varies from £137,500 for a single bedroom to £114,156 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £350,000. To sum up the asking prices for properties in Mermaid Street, Rye, TN31 it comes to around average £126,869 for 1 bedroom property, £130,578 for 2 bedroom, £341,675 for 3 bedroom, £608,971 for 4 bedroom and £737,908 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £737 for 1 bedroom to £868 for 2 bedrooms, £1,311 for 3 bedrooms, £2,212 for 4 bedrooms and £1,476 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £700. You should be generally be expecting around average £618 rent per month for single bedroom property, £840 for 2 bedroom, £1,311 for 3 bedroom, £2,212 for 4 bedroom and approximately £1,476 for a 5 bedroom property in Mermaid Street, Rye, TN31 area.

Popular Houses in Mermaid Street, Rye, TN31

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mermaid Street, Rye, TN31