Area guide

Rochester, ME2


Overview

On this page you will find in-depth information and analytics about the ME2 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about Rochester, ME2.

ME2 is a relatively popular area with 754 transactions recorded in the past 12 months, which is 325.5% higher than the national average of 177. This is also 3.6% higher than the year prior which had 728 transactions.

Rochester, ME2 current market prices

The price growth in Rochester is lower than the national average, with the 2 year growth at 0.4 times the national average. Compared to other areas, ME2 is a relatively inexpensive area, with an average price -19.4% lower than the national average. The average house price in Rochester, ME2 is £308,551 and the average rent is £916.

ME2 Current Averages

Market characteristic ME2 district National ME2 against national
Average price £308,551 £383,013 -19.4%
Average rent £963 £916 5.1%
Sales per month 63 15 (56,046 Total) +320%

ME2 Growth trends

Growth rate ME2 district National
2yr house growth 5.6% 13.1%
2yr CAGR 2.8% 6.3%
Last 12 months house price growth -0.7% 1.6%

ME2 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £308,551 £310,866 £292,245 £364,798 View houses for sale in ME2
Flats £190,417 £161,604 £178,186 £170,714 View flats for sale in ME2
Detached £529,333 £495,988 £470,466 £680,312 View detached for sale in ME2
Semi-detached £336,250 £317,467 £288,039 £372,051 View semi-detached for sale in ME2
Terraced £238,167 £251,197 £270,772 £284,615 View terraced for sale in ME2
Bungalows N/A N/A N/A £527,000 View bungalows for sale in ME2

ME2 Average Rent by property type

Type Historical Average Price
All properties to rent £1,016 View houses for rent in ME2
Flats for rent £900 View flats for rent in ME2
Detached for rent £1,100 View detached for rent in ME2
Semi-detached for rent £1,244 View semi-detached for rent in ME2
Terraced for rent £1,083 View terraced for rent in ME2
Bungalows for rent N/A View bungalows for rent in ME2

Rochester, ME2 Housing Stock

Rochester, ME2 has a total of 18,899 properties, of which 124 are currently for sale and 17 are for rent. Excluding flats, the most common property type in ME2 is terraced with a total of 8,557 houses.

All properties in area

Type Quantity Percentage
Total properties in area 18,899 -
Total flats in area 1,458 7.7%
Total detached in area 2,351 12.4%
Total semi-detached in area 6,262 33.1%
Total terraced in area 8,557 45.3%
Total other in area 271 1.4%

All properties for sale

Type Quantity Percentage
Total properties for sale 124 - View houses for sale in ME2
Total flats for sale 7 5.6% View flats for sale in ME2
Detached for sale 16 12.9% View detached for sale in ME2
Semi-detached for sale 39 31.5% View semi-detached for sale in ME2
Terraced for sale 39 31.5% View terraced for sale in ME2
Bungalows for sale 5 4% View bungalows for sale in ME2
Other properties for sale 18 14.5%

All properties for rent

Type Quantity
Total properties to rent 17 View houses for rent in ME2
Total flats for rent 2 View flats for rent in ME2
Detached for rent 1 View detached for rent in ME2
Semi-detached for rent 5 View semi-detached for rent in ME2
Terraced for rent 6 View terraced for rent in ME2
Bungalows for rent 0 View bungalows for rent in ME2
Other properties for rent 3

Most and least expensive streets in Rochester, ME2

Rochester, ME2 has a total of 422 streets. The most expensive street in ME2 is Neptune Close, with an average sale price of £2,691,487. The least expensive street in ME2 is Brooks Place, with an average sale price of £59,500.



Frequently asked questions

What is the rental price in Rochester?

The current average rental price in Rochester is £997 per month. Mouseprice is currently listing 16 properties to rent in Rochester.

Towns near Rochester

Towns near Rochester - Gillingham, Chatham, Snodland, Aylesford, Maidstone, West malling, Queenborough, Sittingbourne, Sheerness

What schools are there in Rochester?

Nearby schools in Rochester include Elaine Primary School, St Nicholas Church of England Voluntary Controlled Infant School, Cedar Children's Academy, Gordons Children's Academy Junior, Gordons Children's Academy Infant

What stations are there in Rochester?

Nearby stations in Rochester include Strood Station, Rochester Station, Cuxton Station, Chatham Station, Higham Station.


Notes

The data above illustrates the relative proportions different types of property in the ME2 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
Historical average prices are calculated using all ME2 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.