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Formby Terrace is a residential street with 17 addresses.
It ranks as the 203rd largest and 139th most expensive of the 487 streets in the ME2 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 17 properties: 17 houses.
Formby Terrace is a residential street with 17 addresses.
It ranks as the 203rd largest and 139th most expensive of the 487 streets in the ME2 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 17 properties: 17 houses.
Sale prices range from £282,546 for 3 bedroom freehold houses with a garden (807 ft2) to £395,881 for 4 bedroom freehold houses with a garden (1,420 ft2) .
Monthly rental prices range from £1,486 pcm for 3 bed houses to £1,781 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.3%.
The average value per square foot is £350.
The last sale on Formby Terrace sold for £300,000 on 21st November 2025. Since then prices have on average remained the same.
The current average value in the street is £316,297.
The Formby Terrace Sales Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £316,297 |
| May 2025 | 1% | £315,605 |
| May 2024 | -1% | £312,450 |
| May 2023 | 1.1% | £315,477 |
| May 2022 | 8.8% | £312,131 |
| May 2021 | 7.3% | £286,992 |
| May 2020 | 0.5% | £267,349 |
| May 2019 | 0.7% | £266,077 |
| May 2018 | 1.3% | £264,117 |
| May 2017 | 8.7% | £260,705 |
| May 2016 | 14.5% | £239,748 |
| May 2015 | 7% | £209,472 |
| May 2014 | 9.1% | £195,764 |
| May 2013 | 3.6% | £179,515 |
| May 2012 | -0.3% | £173,317 |
| May 2011 | -1% | £173,890 |
| May 2010 | 11.8% | £175,637 |
| May 2009 | -14.4% | £157,037 |
| May 2008 | 3.2% | £183,384 |
| May 2007 | 0% | £177,716 |
The current average rental value in the street is £1,571.
The Formby Terrace Rental Market has increased by 51.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2% | £1,571pcm |
| May 2025 | 4% | £1,539pcm |
| May 2024 | 5.4% | £1,480pcm |
| May 2023 | 14.2% | £1,404pcm |
| May 2022 | 7.5% | £1,229pcm |
| May 2021 | 6.5% | £1,144pcm |
| May 2020 | 1.4% | £1,073pcm |
| May 2019 | 0.7% | £1,058pcm |
| May 2018 | 0.6% | £1,051pcm |
| May 2017 | 0.9% | £1,044pcm |
| May 2016 | 7.9% | £1,035pcm |
| May 2015 | 10.2% | £959pcm |
| May 2014 | 0.3% | £870pcm |
| May 2013 | 2.4% | £867pcm |
| May 2012 | 3.5% | £847pcm |
| May 2011 | 5.4% | £819pcm |
| May 2010 | 2.2% | £776pcm |
| May 2009 | -2.5% | £760pcm |
| May 2008 | 3.3% | £779pcm |
| May 2007 | 0% | £754pcm |
The last sale was on 21st November 2025 for £300,000 and since then the market in the area has remained stable. The street has had a total of 19 sales since 1995.
Formby Terrace, Halling, Rochester, ME2 has seen 5 sales in the last three years and 1 sale in the last twelve months.
Formby Terrace, Halling, Rochester, ME2 is the 203rd largest and the 139th most expensive street in the ME2 area.
There is 1 postcode on Formby Terrace, Halling, Rochester, ME2.
The closest station to Formby Terrace, Halling, Rochester, ME2 is Halling station, which is 600 metres away.
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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 low.
The recent census recorded whether a resident owned or rented their home.
In the area around Formby Terrace, Halling, Rochester, ME2, 42.5% of property is privately owned with a mortgage and 29.9% is privately owned outright.
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 Formby Terrace, Halling, Rochester, ME2, 15.6% of residents are recorded as possessing school level qualifications and 24.1% 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 Formby Terrace, Halling, Rochester, ME2, the average age was 41.4 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 Formby Terrace, Halling, Rochester, ME2, 0.7% 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 Formby Terrace, Halling, Rochester, ME2, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.