Banks Road - ME2 4EA
Key Postcode Insights
ME2 4EA is a residential postcode situated on Banks Road, Rochester, ME2 with 12 addresses.
It ranks as the 316th largest and 671st most expensive of the 889 postcodes in the ME2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £392,459
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,647pcm
- 10 Year change
- up 56.6%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
ME2 4EA is a residential postcode situated on Banks Road, Rochester, ME2 with 12 addresses.
It ranks as the 316th largest and 671st most expensive of the 889 postcodes in the ME2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £392,459
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,647pcm
- 10 Year change
- up 56.6%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin ME2 4EA
- 5 Banks Road
3 Bed Early-century House
- 6 Banks Road
3 Bed Early-century House
- 7 Banks Road
Unknown
- 8 Banks Road
Unknown
- 9 Banks Road
Unknown
Sales Market Trends
The last sale in ME2 4EA sold for £377,500 on 2nd April 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £392,459.
The ME2 4EA Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £392,459 |
| June 2025 | 2.3% | £392,758 |
| June 2024 | -1.7% | £383,795 |
| June 2023 | 0.3% | £390,433 |
| June 2022 | 10.9% | £389,348 |
| June 2021 | 6.9% | £350,943 |
| June 2020 | 1.4% | £328,403 |
| June 2019 | -0.1% | £323,916 |
| June 2018 | 3% | £324,225 |
| June 2017 | 7.7% | £314,767 |
| June 2016 | 16.7% | £292,328 |
| June 2015 | 8.6% | £250,400 |
| June 2014 | 13.9% | £230,589 |
| June 2013 | 1.4% | £202,396 |
| June 2012 | 2.5% | £199,581 |
| June 2011 | -3.1% | £194,731 |
| June 2010 | 10.2% | £200,913 |
| June 2009 | -14.3% | £182,349 |
| June 2008 | -1.3% | £212,689 |
| June 2007 | 0% | £215,468 |
Rental Market Trends
The current average rental value in the postcode is £1,647.
The ME2 4EA Rental Market has increased by 56.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,647pcm |
| June 2025 | 3.9% | £1,616pcm |
| June 2024 | 5.4% | £1,555pcm |
| June 2023 | 15.5% | £1,475pcm |
| June 2022 | 9.3% | £1,277pcm |
| June 2021 | 5.6% | £1,169pcm |
| June 2020 | 1.3% | £1,107pcm |
| June 2019 | 0% | £1,092pcm |
| June 2018 | 0.8% | £1,093pcm |
| June 2017 | 3.1% | £1,084pcm |
| June 2016 | 8% | £1,052pcm |
| June 2015 | 7.8% | £974pcm |
| June 2014 | 4.9% | £904pcm |
| June 2013 | 2.3% | £861pcm |
| June 2012 | 2.6% | £842pcm |
| June 2011 | 2% | £821pcm |
| June 2010 | 5.6% | £804pcm |
| June 2009 | -5.1% | £762pcm |
| June 2008 | 3.6% | £802pcm |
| June 2007 | 0% | £775pcm |
Sales History
The last sale was on 2nd April 2026 for £377,500 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 15 sales since 1995.
ME2 4EA has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£377,500 | 3 Bed House5, Banks Road, Rochester, ME2 4EA5, Banks Road, Rochester, ME2 4EA
- Sold Oct 2024£450,000 | 3 Bed House15, Banks Road, Rochester, ME2 4EA15, Banks Road, Rochester, ME2 4EA
- Sold Mar 2024£250,000 | 3 Bed House13, Banks Road, Rochester, ME2 4EA13, Banks Road, Rochester, ME2 4EA
- Sold Oct 2021£334,000 | 3 Bed House12, Banks Road, Rochester, ME2 4EA12, Banks Road, Rochester, ME2 4EA
- Sold Jul 2020£350,000 | 4 Bed House14, Banks Road, Rochester, ME2 4EA14, Banks Road, Rochester, ME2 4EA
Nearby Postcodes
ME2 4EA is the 316th largest and the 671st most expensive postcode out of the 889 postcodes in the ME2 area.
- ME2 4HY, Frindsbury Road, Strood, Rochester, ME2ME2 4HY17 Addresses|62 m away
- ME2 4JA, Frindsbury Road, Strood, Rochester, ME2ME2 4JA1 Addresses|95 m away
- ME2 4HB, Watermill Close, Rochester, ME2ME2 4HB4 Addresses|109 m away
- ME2 3EB, Mill Road, Rochester, ME2ME2 3EB14 Addresses|113 m away
- ME2 4DX, Evelyn Close, Strood, Rochester, ME2ME2 4DX24 Addresses|124 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (4)
- early-century house (4)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2024£450,000 | 3 Bed House15, Banks Road, Rochester, ME2 4EA15, Banks Road, Rochester, ME2 4EA
- Sold Apr 2026£377,500 | 3 Bed House5, Banks Road, Rochester, ME2 4EA5, Banks Road, Rochester, ME2 4EA
- Sold Sep 2007£365,000 | 5 Bed House27, Banks Road, Rochester, ME2 4HD27, Banks Road, Rochester, ME2 4HD
Schools Nearby
- English Martyrs' Catholic Primary School100 m away
- Hilltop Primary School500 m away
- All Faiths Children's Academy600 m away
- Maritime Academy600 m away
- Fort Pitt Grammar School2.4 km away
- Leigh Academy Strood2.5 km away
More reading links
Public Transport Nearby
The closest station to ME2 4EA is Strood (Kent) station, which is 400 metres away.
- Strood (Kent)|400 m away
- Rochester|1.8 km away
- Chatham|2.6 km away
- Higham|3.8 km away
