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House Prices in ME2 House Prices in ME2 (Rochester)

The average house price in ME2 (Rochester) is £335,125 using HM Land Registry data.

The average property price increased by £57,979 (22.4%) over the last 5 years and increased by £11,614 (3.46%) over the last 12 months.

Over the last year, there were 383 residential property sales – a decrease of 90 transactions (-23.50%) relative to the previous year. The majority of house sales (91) were in the £298,000 - £342,000 range. Then came properties in the £254,000 - £298,000 range, where 80 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 165 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,376 (-2%).

In January 2025, there were 65 new estate agency instructions, 63 agreed home sales and 27 property price reductions.

Nearby Postcodes: CT2, CT4, CT5, DA10, DA11, DA12, DA13, DA2, DA3, ME1, ME10, ME11, ME12, ME13, ME14, ME15, ME16, ME17, ME18, ME19, ME20, ME3, ME4, ME5, ME6, ME7, ME9, SS8, TN11, TN12, TN15, TN25, TN27

5-Year Average Property Prices in ME2 (Rochester)

22.4%

Property prices in ME2 (Rochester) increased by 22.4% 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 ME2 (Rochester) Over the Last Year

3.46%

Property prices in ME2 (Rochester) increased by 3.46% 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 ME2 (Rochester) - 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 ME2 (Rochester)

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 ME2 (Rochester)

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 ME2 (Rochester)

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 ME2 (Rochester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME2 postcode area since 1995.

Recent Sales in ME2 (Rochester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
239 Frindsbury Hill, Rochester, Medway, ME2 4JS£350,000£345,000-£5,00015 Aug 202419 Dec 2024126 Days
49 Lingley Drive, Wainscott, Rochester, Medway, ME2 4ND£375,000£370,000-£5,00013 Aug 202416 Dec 2024125 Days
96 Windmill Street, Rochester, Medway, ME2 3XL£395,000£395,000£009 Jul 202416 Dec 2024160 Days
5 Scholey Close, Halling, Rochester, Medway, ME2 1JZ£425,000£400,000-£25,00005 Jul 202406 Dec 2024154 Days
9 High Street, Halling, Rochester, Medway, ME2 1BW£350,000£350,000£016 May 202425 Nov 2024193 Days
18 Curlew Crescent, Rochester, Medway, ME2 2RF£325,000£320,000-£5,00005 Sep 202422 Nov 202478 Days
7 Glamford Road, Rochester, Medway, ME2 2QP£330,000£330,000£008 Jun 202415 Nov 2024160 Days
49 Winston Road, Rochester, Medway, ME2 2QR£300,000£300,000£016 May 202411 Nov 2024179 Days
199 Cliffe Road, Rochester, Medway, ME2 3DN£450,000£430,000-£20,00003 Jun 202408 Nov 2024158 Days
2 Chester Close, Rochester, Medway, ME2 2QX£290,000£288,444-£1,55631 May 202428 Oct 2024150 Days
17 White Leaves Rise, Cuxton, Rochester, Medway, ME2 1EG£400,000£400,000£021 Mar 202425 Oct 2024218 Days
4 Marsham Way, Halling, Rochester, Medway, ME2 1LY£490,000£490,000£016 Jul 202423 Oct 202499 Days
58 Lingley Drive, Wainscott, Rochester, Medway, ME2 4NE£425,000£415,000-£10,00026 Jan 202416 Jul 2024172 Days
25 Prospect Avenue, Rochester, Medway, ME2 3BZ£265,000£245,000-£20,00022 Dec 202312 Jul 2024203 Days
69 Southwark Road, Rochester, Medway, ME2 2RB£425,000£410,000-£15,00029 Jan 202405 Jul 2024158 Days
186 Laburnum Road, Rochester, Medway, ME2 2LD£300,000£300,000£028 Feb 202405 Jul 2024128 Days
2 Benedict Close, Halling, Rochester, Medway, ME2 1NJ£325,000£320,000-£5,00013 Jan 202401 Jul 2024170 Days
17 Woodhurst Close, Cuxton, Rochester, Medway, ME2 1LU£360,000£355,000-£5,00002 Jan 202407 Jun 2024157 Days
28 Charles Drive, Cuxton, Rochester, Medway, ME2 1DP£375,000£372,500-£2,50012 Jan 202407 Jun 2024147 Days
99 Rushdean Road, Rochester, Medway, ME2 2PD£250,000£248,000-£2,00007 Sep 202307 Jun 2024274 Days

Most Expensive Streets in ME2 (Rochester)

PostcodeStreetAreaAverageNo. of Sales
ME2 1HPPilgrims Road, HallingRochester£822,0004
ME2 3UHCrutches LaneRochester£764,0005
ME2 3UEColewood DriveRochester£693,5003
ME2 3NEBrasted CourtRochester£623,3333
ME2 3LYLychfield DriveRochester£571,6663
ME2 3REBrompton Farm RoadRochester£571,2504
ME2 1HBBush Road, CuxtonRochester£551,1666
ME2 3NJCliffe RoadRochester£546,6663
ME2 2UDThe ShadesRochester£546,0003
ME2 1PACarroll Close, HallingRochester£535,6663

Least Expensive Streets in ME2 (Rochester)

PostcodeStreetAreaAverageNo. of Sales
ME2 2PNMerrals Wood CourtRochester£121,7504
ME2 4TAFrindsbury RoadRochester£123,8333
ME2 3EDWarblers CloseRochester£128,10015
ME2 4PXMereworth House, Cypress CourtRochester£140,3333
ME2 2HZMaple RoadRochester£146,6663
ME2 2PLRanscombe CloseRochester£147,3333
ME2 2DXFuchsia House, Humber CrescentRochester£154,1663
ME2 2DTTamarisk House, Humber CrescentRochester£155,5003
ME2 4JZBrick Field ViewRochester£160,6254
ME2 2DPHillside CourtRochester£163,7779

Explore ME2 (Rochester) using map

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