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House Prices in TN31

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.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
78 New Winchelsea Road, Rye, East Sussex, TN31 7TA	£395,000	£353,000	-£42,000	10 Jul 2023	16 Dec 2024	525 Days
Flat 2, Strand Court, Strand Quay, Rye, East Sussex, TN31 7AY	£167,000	£160,000	-£7,000	10 Apr 2024	10 Dec 2024	244 Days
10 The Paddock, Northiam, Rye, East Sussex, TN31 6QF	£300,000	£280,000	-£20,000	14 May 2024	21 Nov 2024	191 Days
2 Forge Mews, Rye, East Sussex, TN31 7DD	£425,000	£415,000	-£10,000	05 Jul 2024	20 Nov 2024	138 Days
63 South Undercliff, Rye, East Sussex, TN31 7HN	£315,000	£300,000	-£15,000	09 Apr 2024	14 Nov 2024	219 Days
11 Winchelsea Road, Rye, East Sussex, TN31 7EJ	£375,000	£355,000	-£20,000	03 Oct 2023	12 Nov 2024	406 Days
47 Farleys Way, Peasmarsh, Rye, East Sussex, TN31 6PZ	£385,000	£375,000	-£10,000	15 Dec 2023	01 Nov 2024	322 Days
5 Wilderness Gardens, Northiam, Rye, East Sussex, TN31 6GB	£695,000	£680,000	-£15,000	29 May 2024	30 Oct 2024	154 Days
5 Six Bells Mews, Northiam, Rye, East Sussex, TN31 6NP	£395,000	£390,000	-£5,000	02 Jul 2024	28 Oct 2024	118 Days
Howfield, Udimore Road, Udimore, Rye, East Sussex, TN31 6AE	£695,000	£680,000	-£15,000	02 Mar 2024	28 Oct 2024	240 Days
Lane Cottage, Whitbread Lane, Northiam, Rye, East Sussex, TN31 6QU	£750,000	£740,000	-£10,000	10 Oct 2024	23 Oct 2024	13 Days
79 Lydd Road, Camber, Rye, East Sussex, TN31 7RS	£395,000	£380,000	-£15,000	28 Mar 2024	21 Oct 2024	207 Days
North View, Mill Corner, Northiam, Rye, East Sussex, TN31 6HT	£920,000	£900,000	-£20,000	29 May 2024	16 Oct 2024	140 Days
Hop Pocket, Gate Court Farm, Station Road, Northiam, Rye, East Sussex, TN31 6QT	£500,000	£493,000	-£7,000	19 Jun 2024	11 Oct 2024	114 Days
Redford Cottage, Main Street, Peasmarsh, Rye, East Sussex, TN31 6SX	£425,000	£413,000	-£12,000	28 Mar 2024	01 Aug 2024	126 Days
3 Lydd Road, Camber, Rye, East Sussex, TN31 7RJ	£275,000	£273,200	-£1,800	16 Mar 2024	11 Jul 2024	117 Days
4 Farm Gardens, Peasmarsh, Rye, East Sussex, TN31 6NR	£365,000	£360,000	-£5,000	19 Feb 2024	11 Jul 2024	143 Days
Llanberis, Saltcote Lane, Playden, Rye, East Sussex, TN31 7NR	£395,000	£380,000	-£15,000	01 Mar 2024	20 Jun 2024	111 Days
23 Cinque Ports Street, Rye, East Sussex, TN31 7AD	£240,000	£215,000	-£25,000	11 Oct 2023	17 Jun 2024	250 Days
8 Tram Road, Rye Harbour, Rye, East Sussex, TN31 7TY	£425,000	£380,000	-£45,000	20 Sep 2023	11 Jun 2024	265 Days

Most Expensive Streets in TN31 (Rye)

Postcode	Street	Area	Average	No. of Sales
TN31 6TU	Hobbs Lane, Beckley	Rye	£1,084,166	3
TN31 7NP	Point Hill	Rye	£1,071,500	3
TN31 7HB	Watchbell Street	Rye	£939,222	7
TN31 7JY	East Street	Rye	£896,666	3
TN31 7ES	West Street	Rye	£878,750	4
TN31 7XB	Wittersham Road, Iden	Rye	£851,250	4
TN31 6UA	Whitebread Lane, Beckley	Rye	£850,000	3
TN31 7TU	Rye Harbour	Rye	£818,750	4
TN31 6JB	Beckley Road, Northiam	Rye	£807,178	4
TN31 7NY	Military Road	Rye	£780,500	10

Least Expensive Streets in TN31 (Rye)

Postcode	Street	Area	Average	No. of Sales
TN31 7RZ	Fleetway Court, New Lydd Road	Rye	£120,400	8
TN31 7RW	Saunders Way, Camber	Rye	£130,400	5
TN31 7LY	Meryon Court	Rye	£144,750	4
TN31 7SQ	Kiln Drive, Rye Foreign	Rye	£154,500	8
TN31 7UG	Tollgate Lock, New Winchelsea Road	Rye	£171,333	6
TN31 7AY	Strand Court, Strand Quay	Rye	£173,723	28
TN31 7BH	Lea Avenue	Rye	£231,285	7
TN31 7AD	Cinque Ports Street	Rye	£232,696	7
TN31 6ST	The Maltings, Peasmarsh	Rye	£233,000	6
TN31 6UW	The Bungalows, Peasmarsh	Rye	£241,666	3