House Prices in ME3 House Prices in ME3 (Rochester)

The average house price in ME3 (Rochester) is £308,293 using HM Land Registry data.

The average property price increased by £80,260 (18.02%) over the last 5 years and increased by £16,077 (2.87%) over the last 12 months.

Over the last year, there were 234 residential property sales – a decrease of 23 transactions (-9.83%) relative to the previous year. The majority of house sales (64) were in the £290,000 - £360,000 range. Then came properties in the £220,000 - £290,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 140 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,623 (-1%).

In January 2025, there were 70 new estate agency instructions, 44 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in ME3 (Rochester)

18.02%

Property prices in ME3 (Rochester) increased by 18.02% 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 ME3 (Rochester) Over the Last Year

2.87%

Property prices in ME3 (Rochester) increased by 2.87% 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 ME3 (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 ME3 (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 ME3 (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 ME3 (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 ME3 (Rochester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME3 postcode area since 1995.

Recent Sales in ME3 (Rochester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 High View, Higham, Rochester, Kent, ME3 7HR£415,000£264,290-£150,71016 Nov 202329 Nov 2024379 Days
42 Pannell Road, Isle Of Grain, Rochester, Medway, ME3 0ED£275,000£275,000£030 Jul 202422 Nov 2024115 Days
36 Church Farm Close, Hoo, Rochester, Medway, ME3 9AY£295,000£295,000£006 Sep 202415 Nov 202470 Days
Barluack, Main Road, Chattenden, Rochester, Medway, ME3 8LN£325,000£315,000-£10,00010 May 202415 Nov 2024189 Days
9 Wharf Lane, Cliffe, Rochester, Medway, ME3 7UE£375,000£375,000£021 Jun 202408 Nov 2024140 Days
6 Carton Road, Higham, Rochester, Kent, ME3 7EB£600,000£587,500-£12,50021 Feb 202431 Oct 2024253 Days
6 Cardigan Close, High Halstow, Rochester, Medway, ME3 8NX£625,000£605,000-£20,00005 Apr 202428 Oct 2024206 Days
13 Chesterton Road, Cliffe, Rochester, Medway, ME3 7QX£450,000£225,000-£225,00010 Sep 202125 Oct 20241141 Days
32 Trubridge Road, Hoo, Rochester, Medway, ME3 9EW£425,000£410,000-£15,00013 May 202423 Oct 2024163 Days
9 Goodwood Close, High Halstow, Rochester, Medway, ME3 8SU£375,000£375,000£002 May 202421 Oct 2024172 Days
11 Drayton Close, High Halstow, Rochester, Medway, ME3 8DW£375,000£365,000-£10,00014 May 202421 Oct 2024160 Days
11 Shelldrake Close, Isle Of Grain, Rochester, Medway, ME3 0DH£249,950£245,000-£4,95007 Nov 202318 Oct 2024346 Days
Avonlea, Chalk Road, Higham, Rochester, Kent, ME3 7JY£450,000£440,000-£10,00016 Jan 202414 Oct 2024272 Days
191 Church Street, Cliffe, Rochester, Medway, ME3 7QF£320,000£317,500-£2,50005 Apr 202410 Oct 2024188 Days
43 Reed Street, Cliffe, Rochester, Medway, ME3 7UL£435,000£427,500-£7,50014 May 202422 Aug 2024100 Days
11 Goodwood Close, High Halstow, Rochester, Medway, ME3 8SU£425,000£408,000-£17,00018 Apr 202419 Aug 2024123 Days
21 Chattenden Lane, Chattenden, Rochester, Medway, ME3 8LE£465,000£450,000-£15,00016 Apr 202429 Jul 2024104 Days
Trevelgue, Ratcliffe Highway, St Mary Hoo, Rochester, Medway, ME3 8RN£600,000£570,000-£30,00025 Sep 202326 Jul 2024305 Days
12 Niven Close, Wainscott, Rochester, Medway, ME3 8BS£550,000£533,500-£16,50029 Jan 202414 Jun 2024137 Days
26 Town Road, Cliffe Woods, Rochester, Medway, ME3 8JE£600,000£590,000-£10,00015 Jan 202406 Jun 2024143 Days

Most Expensive Streets in ME3 (Rochester)

PostcodeStreetAreaAverageNo. of Sales
ME3 8SACooling Road, High HalstowRochester£783,4005
ME3 7NWTelegraph Hill, HighamRochester£782,8927
ME3 8DFCoolingRochester£760,0003
ME3 7EGHollytree Drive, HighamRochester£756,0003
ME3 8ALHollywood Lane, WainscottRochester£695,0003
ME3 7EQGravesend Road, HighamRochester£656,2504
ME3 8EEGrant Road, WainscottRochester£631,4005
ME3 7EWNorah Lane, HighamRochester£620,6254
ME3 7EHWalmers Avenue, HighamRochester£611,0005
ME3 7NJCopperfield Crescent, HighamRochester£608,3333

Least Expensive Streets in ME3 (Rochester)

PostcodeStreetAreaAverageNo. of Sales
ME3 9AXFlack Gardens, HooRochester£153,73013
ME3 9BNNursery Gardens, HooRochester£153,9378
ME3 0BGPolice Cottages, West LaneRochester£169,3333
ME3 9HSWillow Grange, HooRochester£178,34119
ME3 9BWJennifer Court, HooRochester£211,6555
ME3 0DFGrayne Avenue, Isle Of GrainRochester£214,9005
ME3 7RHRookery Crescent, CliffeRochester£220,8888
ME3 9RJFrys Cottages, High Street, Lower StokeRochester£221,0003
ME3 0DQGreen Lane, Isle Of GrainRochester£222,45010
ME3 0EEFry Close, Isle Of GrainRochester£223,3333

Explore ME3 (Rochester) using map