ME3 7RL is a residential postcode situated on Town Road, Cliffe Woods, Rochester, ME3 with 17 addresses.
It ranks as the 516th largest and 90th most expensive of the 824 postcodes in the ME3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 17 properties: 5 houses and 12 flats.
ME3 7RL is a residential postcode situated on Town Road, Cliffe Woods, Rochester, ME3 with 17 addresses.
It ranks as the 516th largest and 90th most expensive of the 824 postcodes in the ME3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 17 properties: 5 houses and 12 flats.
Sale prices range from £185,933 for 2 bedroom leasehold flats (699 ft2) to £929,989 for 5 bedroom freehold houses with a garden (2,283 ft2) .
Monthly rental prices range from £1,086 pcm for 2 bed flats to £3,424 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 7.0%.
The average value per square foot is £453.
The last sale in ME3 7RL sold for £1,255,000 on 27th January 2023. Since then prices are down an average of 5.5%.
The current average value in the postcode is £362,876.
The ME3 7RL Sales Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £362,876 |
| April 2025 | 0.6% | £366,611 |
| April 2024 | -2.7% | £364,412 |
| April 2023 | 2.5% | £374,606 |
| April 2022 | 8.1% | £365,546 |
| April 2021 | 4.7% | £338,094 |
| April 2020 | 2.3% | £322,799 |
| April 2019 | -1.2% | £315,495 |
| April 2018 | 2.8% | £319,462 |
| April 2017 | 8% | £310,651 |
| April 2016 | 13.3% | £287,554 |
| April 2015 | 8.7% | £253,852 |
| April 2014 | 10.6% | £233,451 |
| April 2013 | 2.3% | £211,035 |
| April 2012 | -0.3% | £206,334 |
| April 2011 | -0.4% | £206,862 |
| April 2010 | 4.1% | £207,593 |
| April 2009 | -14.3% | £199,472 |
| April 2008 | 4.5% | £232,770 |
| April 2007 | 0% | £222,737 |
The current average rental value in the postcode is £1,615.
The ME3 7RL Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,615pcm |
| April 2025 | 2.8% | £1,583pcm |
| April 2024 | 9.5% | £1,539pcm |
| April 2023 | 11.7% | £1,406pcm |
| April 2022 | 6.9% | £1,259pcm |
| April 2021 | 4.6% | £1,178pcm |
| April 2020 | 1.2% | £1,126pcm |
| April 2019 | 1.2% | £1,113pcm |
| April 2018 | -0.1% | £1,100pcm |
| April 2017 | 1.2% | £1,102pcm |
| April 2016 | 6.4% | £1,088pcm |
| April 2015 | 8.2% | £1,023pcm |
| April 2014 | 2.1% | £945pcm |
| April 2013 | 4.1% | £926pcm |
| April 2012 | 1.7% | £889pcm |
| April 2011 | 3.7% | £874pcm |
| April 2010 | 0% | £843pcm |
| April 2009 | -2.9% | £843pcm |
| April 2008 | 5.8% | £868pcm |
| April 2007 | 0% | £820pcm |
The last sale was on 27th January 2023 for £1,255,000 and since then the market in the area has decreased by 5.5%. The postcode has had a total of 6 sales since 1995.
ME3 7RL has seen 1 sale in the last three years and no sales in the last twelve months.
ME3 7RL is the 516th largest and the 90th most expensive postcode out of the 824 postcodes in the ME3 area.
Be the first Estate
Agent here!
The closest station to ME3 7RL is Higham station which is 2.8 kilometres away.
Be the first Estate
Agent here!
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around ME3 7RL, 48.6% of property is privately owned outright and 35.4% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME3 7RL, 14.0% of residents are recorded as possessing school level qualifications and 27.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME3 7RL, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME3 7RL, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME3 7RL, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.