Banks Road - ME2 4HD
Key Postcode Insights
ME2 4HD is a residential postcode situated on Banks Road, Rochester, ME2 with 6 addresses.
It ranks as the 166th largest and 791st 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 6 properties: 6 houses.
- Ave. Sale Price
- £485,348
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £1,837pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £434/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
ME2 4HD is a residential postcode situated on Banks Road, Rochester, ME2 with 6 addresses.
It ranks as the 166th largest and 791st 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 6 properties: 6 houses.
- Ave. Sale Price
- £485,348
- 10 Year change
- up 33.8%
- Ave. Rental Price
- £1,837pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £434/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin ME2 4HD
- 27 Banks Road
5 Bed House
- 28 Banks Road
Unknown
- 29 Banks Road
Unknown
- 30 Banks Road
4 Bed Early-century House
- 31 Banks Road
3 Bed Early-century House
Sales Market Trends
The last sale in ME2 4HD sold for £310,000 on 23rd January 2015. Since then prices are up an average of 60.4%.
The current average value in the postcode is £485,348.
The ME2 4HD Sales Market has increased by 33.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £485,348 |
| June 2025 | 2.1% | £485,001 |
| June 2024 | -1.6% | £474,972 |
| June 2023 | 0.5% | £482,880 |
| June 2022 | 10.3% | £480,702 |
| June 2021 | 6.8% | £435,665 |
| June 2020 | 1.4% | £407,953 |
| June 2019 | 0% | £402,200 |
| June 2018 | 3.1% | £402,164 |
| June 2017 | 7.5% | £390,017 |
| June 2016 | 16% | £362,657 |
| June 2015 | 8.4% | £312,646 |
| June 2014 | 13.4% | £288,351 |
| June 2013 | 1.3% | £254,312 |
| June 2012 | 2.4% | £250,965 |
| June 2011 | -2.8% | £245,042 |
| June 2010 | 10.7% | £252,218 |
| June 2009 | -13.8% | £227,870 |
| June 2008 | -1.3% | £264,400 |
| June 2007 | 0% | £267,847 |
Rental Market Trends
The current average rental value in the postcode is £1,837.
The ME2 4HD Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,837pcm |
| June 2025 | 3.7% | £1,800pcm |
| June 2024 | 5.5% | £1,736pcm |
| June 2023 | 15.7% | £1,645pcm |
| June 2022 | 8.7% | £1,422pcm |
| June 2021 | 5.5% | £1,308pcm |
| June 2020 | 1.4% | £1,240pcm |
| June 2019 | 0.1% | £1,223pcm |
| June 2018 | 0.9% | £1,222pcm |
| June 2017 | 2.9% | £1,212pcm |
| June 2016 | 7.3% | £1,177pcm |
| June 2015 | 7.6% | £1,097pcm |
| June 2014 | 4.4% | £1,019pcm |
| June 2013 | 2.3% | £976pcm |
| June 2012 | 2.5% | £955pcm |
| June 2011 | 2.3% | £931pcm |
| June 2010 | 6.1% | £911pcm |
| June 2009 | -4.6% | £858pcm |
| June 2008 | 3.6% | £899pcm |
| June 2007 | 0% | £868pcm |
Sales History
The last sale was on 23rd January 2015 for £310,000 and since then the market in the area has increased by 60.4%. The postcode has had a total of 5 sales since 1995.
ME2 4HD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2015£310,000 | 4 Bed House30, Banks Road, Rochester, ME2 4HD30, Banks Road, Rochester, ME2 4HD
- Sold Sep 2007£365,000 | 5 Bed House27, Banks Road, Rochester, ME2 4HD27, Banks Road, Rochester, ME2 4HD
- Sold Aug 2002£205,000 | 5 Bed House27, Banks Road, Rochester, ME2 4HD27, Banks Road, Rochester, ME2 4HD
- Sold Nov 2001£175,000 | 5 Bed House27, Banks Road, Rochester, ME2 4HD27, Banks Road, Rochester, ME2 4HD
- Sold Nov 1998£150,000 | 4 Bed House28, Banks Road, Rochester, ME2 4HD28, Banks Road, Rochester, ME2 4HD
Nearby Postcodes
ME2 4HD is the 166th largest and the 791st most expensive postcode out of the 889 postcodes in the ME2 area.
- ME2 4HB, Watermill Close, Rochester, ME2ME2 4HB4 Addresses|47 m away
- ME2 4JB, Frindsbury Road, Strood, Rochester, ME2ME2 4JB5 Addresses|69 m away
- ME2 4HE, Church Green, Rochester, ME2ME2 4HE15 Addresses|73 m away
- ME2 4JG, Frindsbury Road, Strood, Rochester, ME2ME2 4JG16 Addresses|107 m away
- ME2 4HF, Peckham Close, Rochester, ME2ME2 4HF6 Addresses|109 m away
Property Types
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- house (1)
- early-century house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- 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 School200 m away
- Hilltop Primary School500 m away
- All Faiths Children's Academy700 m away
- Maritime Academy500 m away
- Fort Pitt Grammar School2.5 km away
- Leigh Academy Strood2.6 km away
More reading links
Public Transport Nearby
The closest station to ME2 4HD is Strood (Kent) station, which is 500 metres away.
- Strood (Kent)|500 m away
- Rochester|1.8 km away
- Chatham|2.7 km away
- Gillingham (Kent)|3.7 km away