House Prices in TN31 House Prices in TN31 (Rye)

The average house price in TN31 (Rye) is £483,428 using HM Land Registry data.

The average property price increased by £87,574 (35.44%) over the last 5 years and increased by £17,542 (5.03%) over the last 12 months.

Over the last year, there were 189 residential property sales – a decrease of 12 transactions (-6.35%) relative to the previous year. The majority of house sales (55) were in the £356,000 - £492,000 range. Then came properties in the £220,000 - £356,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 168 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,921 (-4%).

In January 2025, there were 50 new estate agency instructions, 32 agreed home sales and 37 property price reductions.

5-Year Average Property Prices in TN31 (Rye)

35.44%

Property prices in TN31 (Rye) increased by 35.44% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TN31 (Rye) Over the Last Year

5.03%

Property prices in TN31 (Rye) increased by 5.03% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TN31 (Rye) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TN31 (Rye)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TN31 (Rye)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TN31 (Rye)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TN31 (Rye) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN31 postcode area since 1995.

Recent Sales in TN31 (Rye)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
78 New Winchelsea Road, Rye, East Sussex, TN31 7TA£395,000£353,000-£42,00010 Jul 202316 Dec 2024525 Days
Flat 2, Strand Court, Strand Quay, Rye, East Sussex, TN31 7AY£167,000£160,000-£7,00010 Apr 202410 Dec 2024244 Days
10 The Paddock, Northiam, Rye, East Sussex, TN31 6QF£300,000£280,000-£20,00014 May 202421 Nov 2024191 Days
2 Forge Mews, Rye, East Sussex, TN31 7DD£425,000£415,000-£10,00005 Jul 202420 Nov 2024138 Days
63 South Undercliff, Rye, East Sussex, TN31 7HN£315,000£300,000-£15,00009 Apr 202414 Nov 2024219 Days
11 Winchelsea Road, Rye, East Sussex, TN31 7EJ£375,000£355,000-£20,00003 Oct 202312 Nov 2024406 Days
47 Farleys Way, Peasmarsh, Rye, East Sussex, TN31 6PZ£385,000£375,000-£10,00015 Dec 202301 Nov 2024322 Days
5 Wilderness Gardens, Northiam, Rye, East Sussex, TN31 6GB£695,000£680,000-£15,00029 May 202430 Oct 2024154 Days
5 Six Bells Mews, Northiam, Rye, East Sussex, TN31 6NP£395,000£390,000-£5,00002 Jul 202428 Oct 2024118 Days
Howfield, Udimore Road, Udimore, Rye, East Sussex, TN31 6AE£695,000£680,000-£15,00002 Mar 202428 Oct 2024240 Days
Lane Cottage, Whitbread Lane, Northiam, Rye, East Sussex, TN31 6QU£750,000£740,000-£10,00010 Oct 202423 Oct 202413 Days
79 Lydd Road, Camber, Rye, East Sussex, TN31 7RS£395,000£380,000-£15,00028 Mar 202421 Oct 2024207 Days
North View, Mill Corner, Northiam, Rye, East Sussex, TN31 6HT£920,000£900,000-£20,00029 May 202416 Oct 2024140 Days
Hop Pocket, Gate Court Farm, Station Road, Northiam, Rye, East Sussex, TN31 6QT£500,000£493,000-£7,00019 Jun 202411 Oct 2024114 Days
Redford Cottage, Main Street, Peasmarsh, Rye, East Sussex, TN31 6SX£425,000£413,000-£12,00028 Mar 202401 Aug 2024126 Days
3 Lydd Road, Camber, Rye, East Sussex, TN31 7RJ£275,000£273,200-£1,80016 Mar 202411 Jul 2024117 Days
4 Farm Gardens, Peasmarsh, Rye, East Sussex, TN31 6NR£365,000£360,000-£5,00019 Feb 202411 Jul 2024143 Days
Llanberis, Saltcote Lane, Playden, Rye, East Sussex, TN31 7NR£395,000£380,000-£15,00001 Mar 202420 Jun 2024111 Days
23 Cinque Ports Street, Rye, East Sussex, TN31 7AD£240,000£215,000-£25,00011 Oct 202317 Jun 2024250 Days
8 Tram Road, Rye Harbour, Rye, East Sussex, TN31 7TY£425,000£380,000-£45,00020 Sep 202311 Jun 2024265 Days

Most Expensive Streets in TN31 (Rye)

PostcodeStreetAreaAverageNo. of Sales
TN31 6TUHobbs Lane, BeckleyRye£1,084,1663
TN31 7NPPoint HillRye£1,071,5003
TN31 7HBWatchbell StreetRye£939,2227
TN31 7JYEast StreetRye£896,6663
TN31 7ESWest StreetRye£878,7504
TN31 7XBWittersham Road, IdenRye£851,2504
TN31 6UAWhitebread Lane, BeckleyRye£850,0003
TN31 7TURye HarbourRye£818,7504
TN31 6JBBeckley Road, NorthiamRye£807,1784
TN31 7NYMilitary RoadRye£780,50010

Least Expensive Streets in TN31 (Rye)

PostcodeStreetAreaAverageNo. of Sales
TN31 7RZFleetway Court, New Lydd RoadRye£120,4008
TN31 7RWSaunders Way, CamberRye£130,4005
TN31 7LYMeryon CourtRye£144,7504
TN31 7SQKiln Drive, Rye ForeignRye£154,5008
TN31 7UGTollgate Lock, New Winchelsea RoadRye£171,3336
TN31 7AYStrand Court, Strand QuayRye£173,72328
TN31 7BHLea AvenueRye£231,2857
TN31 7ADCinque Ports StreetRye£232,6967
TN31 6STThe Maltings, PeasmarshRye£233,0006
TN31 6UWThe Bungalows, PeasmarshRye£241,6663

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