Wallace Road - ME1 2TB
Key Postcode Insights
ME1 2TB is a residential postcode situated on Wallace Road, Rochester, ME1 with 26 addresses.
It ranks as the 584th largest and 664th most expensive of the 805 postcodes in the ME1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £451,874
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,814pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £371/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
ME1 2TB is a residential postcode situated on Wallace Road, Rochester, ME1 with 26 addresses.
It ranks as the 584th largest and 664th most expensive of the 805 postcodes in the ME1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £451,874
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,814pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £371/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin ME1 2TB
- 22 Wallace Road
Unknown
- 24 Wallace Road
Unknown
- 26 Wallace Road
4 Bed Early-century House
- 28 Wallace Road
Unknown
- 30 Wallace Road
Unknown
Sales Market Trends
The last sale in ME1 2TB sold for £457,500 on 6th January 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £451,874.
The ME1 2TB Sales Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £451,874 |
| June 2025 | 0.7% | £450,357 |
| June 2024 | -1.8% | £447,188 |
| June 2023 | 1.7% | £455,281 |
| June 2022 | 9.5% | £447,519 |
| June 2021 | 6.4% | £408,582 |
| June 2020 | 2.8% | £384,084 |
| June 2019 | -0.6% | £373,554 |
| June 2018 | 1.2% | £375,625 |
| June 2017 | 6.8% | £371,178 |
| June 2016 | 17.5% | £347,566 |
| June 2015 | 7.9% | £295,873 |
| June 2014 | 11.6% | £274,264 |
| June 2013 | 1.9% | £245,749 |
| June 2012 | 0.4% | £241,284 |
| June 2011 | -1% | £240,266 |
| June 2010 | 12% | £242,581 |
| June 2009 | -13.9% | £216,543 |
| June 2008 | -2% | £251,490 |
| June 2007 | 0% | £256,619 |
Rental Market Trends
The current average rental value in the postcode is £1,814.
The ME1 2TB Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,814pcm |
| June 2025 | 3.3% | £1,768pcm |
| June 2024 | 5.8% | £1,712pcm |
| June 2023 | 14.7% | £1,618pcm |
| June 2022 | 8.2% | £1,410pcm |
| June 2021 | 5.5% | £1,304pcm |
| June 2020 | 1.7% | £1,235pcm |
| June 2019 | 0.6% | £1,215pcm |
| June 2018 | 0.6% | £1,208pcm |
| June 2017 | 2.3% | £1,200pcm |
| June 2016 | 6.5% | £1,173pcm |
| June 2015 | 7.9% | £1,101pcm |
| June 2014 | 3.3% | £1,020pcm |
| June 2013 | 2.4% | £987pcm |
| June 2012 | 2.9% | £964pcm |
| June 2011 | 3.3% | £937pcm |
| June 2010 | 5.6% | £908pcm |
| June 2009 | -3.5% | £860pcm |
| June 2008 | 3.9% | £891pcm |
| June 2007 | 0% | £858pcm |
Sales History
The last sale was on 6th January 2025 for £457,500 and since then the market in the area has increased by 1.0%. The postcode has had a total of 31 sales since 1995.
ME1 2TB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£457,500 | 4 Bed House37A, Wallace Road, Rochester, ME1 2TB37A, Wallace Road, Rochester, ME1 2TB
- Sold Dec 2023£360,000 | 4 Bed House42, Wallace Road, Rochester, ME1 2TB42, Wallace Road, Rochester, ME1 2TB
- Sold Sep 2022£401,000 | 3 Bed House40, Wallace Road, Rochester, ME1 2TB40, Wallace Road, Rochester, ME1 2TB
- Sold Jun 2021£400,000 | 4 Bed House45, Wallace Road, Rochester, ME1 2TB45, Wallace Road, Rochester, ME1 2TB
- Sold Jan 2021£500,000 | 5 Bed House50, Wallace Road, Rochester, ME1 2TB50, Wallace Road, Rochester, ME1 2TB
Nearby Postcodes
ME1 2TB is the 584th largest and the 664th most expensive postcode out of the 805 postcodes in the ME1 area.
- ME1 2SY, Duval Drive, Rochester, ME1ME1 2SY13 Addresses|65 m away
- ME1 2TE, St. Stephens Mews, Rochester, ME1ME1 2TE4 Addresses|82 m away
- ME1 2SN, Wilson Avenue, Rochester, ME1ME1 2SN24 Addresses|91 m away
- ME1 2SX, Jackson Avenue, Rochester, ME1ME1 2SX24 Addresses|126 m away
- ME1 2TA, Wallace Road, Rochester, ME1ME1 2TA14 Addresses|132 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 10 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (4)
- house (2)
- early-century house (10)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (9)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Dec 2024£540,000 | 4 Bed House5, Wallace Road, Rochester, ME1 2SZ5, Wallace Road, Rochester, ME1 2SZ
- Sold Jan 2021£500,000 | 5 Bed House50, Wallace Road, Rochester, ME1 2TB50, Wallace Road, Rochester, ME1 2TB
- Sold Jan 2025£457,500 | 4 Bed House37A, Wallace Road, Rochester, ME1 2TB37A, Wallace Road, Rochester, ME1 2TB
Schools Nearby
- Warren Wood Primary School500 m away
- New Horizons Children's Academy600 m away
- Balfour Infant School800 m away
- Holcombe Grammar School600 m away
- The Thomas Aveling School700 m away
- The Rochester Grammar School1.3 km away
More reading links
Public Transport Nearby
The closest station to ME1 2TB is Chatham station, which is 2.0 kilometres away.
- Chatham|2.0 km away
- Rochester|2.5 km away
- Gillingham (Kent)|3.7 km away
- Cuxton|3.8 km away
