Average Price for property in Rye is around £355,106 which varies based on type of property you are interested in and ranges from £480,321 for detached house to around £280,860 for semi-detached. Similarly terraced house is around £253,201 and a flat is worth £168,815. Values have been changing and have risen £1,828 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,111 in last 6 months, £16,334 in last 1 year, £38,371 in last 2 years, £48,271 in last 3 years, £25,780 in last 4 years and £33,360 in last 5 years.
Currently average asking price of a property in Rye is around £429,418 based on approximately 271 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 Rye is £355,106. Average asking price is £429,418 while average price paid is £309,585 which is up by £16,334 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 Rye area. In last 1 year alone average price buyer paid is around £309,585 based on approximately 271 sales in Rye area alone. If you compare it to last 3 years sales of 788 properties where buyers paid around £296,196. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £287,801 for 1,234 and average amount paid for purchase of approx. 1,606 properties sold in last 7 years comes to about £283,385 per sale.