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Rye House Prices 
The average house price in Rye is £493,500 using HM Land Registry data.
The average property price increased by £141,197 (44.64%) over the last 5 years and increased by £28,220 (6.57%) over the last 12 months.
Over the last year, there were 79 residential property sales – a decrease of 26 transactions (-32.91%) relative to the previous year. The majority of house sales (22) were in the £310,000 - £440,000 range. Then came properties in the £180,000 - £310,000 range, where 20 were sold within this price bracket.
Excluding fall throughs, properties are taking an average of 101 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-30,887 (-6%).
In April 2024, there were 17 new estate agency instructions, 9 agreed home sales and 9 property price reductions.
5-Year Average Property Prices in Rye
44.64%
Property prices in Rye increased by 44.64% in last 5 years.
Average Property Prices in Rye Over the Last Year
6.57%
Property prices in Rye increased by 6.57% in last 12 months.
Property Market Heat Gauge for Rye - April 2024
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 Rye
No. of Agreed Home Sales Over the Last 12 Months in Rye
No. of Properties with Price Reductions in Rye
Average Annual House Prices in the Rye since 1995
Recent Property Sales in Rye
| Address | Initial Price | Sold Price | Price Change | First Listed Date | Sold Date | Days to Sell |
|---|---|---|---|---|---|---|
| 56 Military Road, Rye, East Sussex, TN31 7NY | £475,000 | £464,000 | -£11,000 | 20 Nov 2023 | 22 Mar 2024 | 123 Days |
| 90 Udimore Road, Rye, East Sussex, TN31 7DY | £950,000 | £945,000 | -£5,000 | 24 Oct 2023 | 27 Feb 2024 | 126 Days |
| 4 Fair Meadow, Rye, East Sussex, TN31 7NL | £685,000 | £685,000 | £00 | 30 Oct 2023 | 21 Feb 2024 | 114 Days |
| 2 The Strand, Rye, East Sussex, TN31 7DB | £475,000 | £445,000 | -£30,000 | 12 Jul 2023 | 12 Jan 2024 | 184 Days |
| Rother House, Point Hill, Rye, East Sussex, TN31 7NP | £1,150,000 | £1,094,500 | -£55,500 | 12 Jul 2023 | 14 Dec 2023 | 155 Days |
| 13 Rock Channel Quay, Rye, East Sussex, TN31 7DL | £575,000 | £520,000 | -£55,000 | 02 Nov 2023 | 12 Dec 2023 | 40 Days |
| 23 Tower Street, Rye, East Sussex, TN31 7AT | £395,000 | £390,000 | -£5,000 | 23 Aug 2023 | 08 Dec 2023 | 107 Days |
| Flat 22, Strand Court, Strand Quay, Rye, East Sussex, TN31 7AY | £175,000 | £175,000 | £00 | 15 Jun 2023 | 05 Dec 2023 | 173 Days |
| 25 South Undercliff, Rye, East Sussex, TN31 7HN | £315,000 | £315,000 | £00 | 04 Aug 2023 | 05 Dec 2023 | 123 Days |
| 3 Eagle Road, Rye, East Sussex, TN31 7NB | £625,000 | £620,000 | -£5,000 | 09 Jul 2023 | 01 Dec 2023 | 145 Days |
| 41 South Undercliff, Rye, East Sussex, TN31 7HN | £310,000 | £292,750 | -£17,250 | 06 Feb 2023 | 23 Nov 2023 | 290 Days |
| 4 High Street, Rye, East Sussex, TN31 7JE | £1,200,000 | £1,200,000 | £00 | 21 Apr 2023 | 22 Nov 2023 | 215 Days |
| 14 Cadborough Cliff, Rye, East Sussex, TN31 7EB | £695,000 | £690,000 | -£5,000 | 24 Aug 2023 | 26 Oct 2023 | 63 Days |
| 79 South Undercliff, Rye, East Sussex, TN31 7HW | £285,000 | £280,000 | -£5,000 | 20 Jun 2023 | 29 Sep 2023 | 101 Days |
| Playden House, Military Road, Rye, East Sussex, TN31 7NY | £1,450,000 | £1,400,000 | -£50,000 | 03 Oct 2020 | 11 Sep 2023 | 1073 Days |
| 5 West Street, Rye, East Sussex, TN31 7ES | £1,180,000 | £1,180,000 | £00 | 19 Apr 2023 | 08 Sep 2023 | 142 Days |
| Fairladies, Fair Meadow, Rye, East Sussex, TN31 7NL | £1,100,000 | £1,065,000 | -£35,000 | 21 Apr 2023 | 25 Aug 2023 | 126 Days |
| 5 Fair Meadow, Rye, East Sussex, TN31 7NL | £650,000 | £610,000 | -£40,000 | 27 Apr 2023 | 09 Aug 2023 | 104 Days |
| 22 Udimore Road, Rye, East Sussex, TN31 7DS | £450,000 | £425,000 | -£25,000 | 21 Feb 2023 | 31 Jul 2023 | 160 Days |
| Flat 5, Strand Court, Strand Quay, Rye, East Sussex, TN31 7AY | £225,000 | £225,000 | £00 | 25 Feb 2023 | 28 Jul 2023 | 153 Days |
Most Expensive Streets in Rye
| Postcode | Street | Area | Average | No. of Sales |
|---|---|---|---|---|
| TN31 7NP | Point Hill | Rye | £1,071,500 | 3 |
| TN31 7HB | Watchbell Street | Rye | £885,759 | 6 |
| TN31 7ES | West Street | Rye | £878,750 | 4 |
| TN31 7JY | East Street | Rye | £796,250 | 4 |
| TN31 7TU | Rye Harbour | Rye | £747,000 | 5 |
| TN31 7NY | Military Road | Rye | £745,000 | 9 |
| TN31 7EU | Mermaid Street | Rye | £716,650 | 3 |
| TN31 7HJ | Rock Channel | Rye | £670,875 | 4 |
| TN31 7PH | Playden | Rye | £655,000 | 4 |
| TN31 7ND | The Grove | Rye | £650,666 | 3 |
Least Expensive Streets in Rye
| Postcode | Street | Area | Average | No. of Sales |
|---|---|---|---|---|
| TN31 7SQ | Kiln Drive | Rye Foreign | £152,109 | 8 |
| TN31 7AY | Strand Court | Strand Quay | £167,425 | 30 |
| TN31 7UG | Tollgate Lock | New Winchelsea Road | £170,857 | 7 |
| TN31 7AD | Cinque Ports Street | Rye | £203,775 | 5 |
| TN31 7LY | Meryon Court | Rye | £215,800 | 5 |
| TN31 7BN | Pottingfield Road | Rye | £219,150 | 3 |
| TN31 7BH | Lea Avenue | Rye | £231,714 | 7 |
| TN31 7DQ | The Boathouse | Rock Channel Quay | £249,316 | 3 |
| TN31 7HN | South Undercliff | Rye | £255,360 | 15 |
| TN31 7TP | Paines Cottages | Rye Harbour Road | £259,333 | 3 |
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