Lake Drive - ME3 7LZ
Key Street Insights
Lake Drive is a residential street with 22 addresses.
It ranks as the 235th largest and 290th most expensive of the 455 streets in the ME3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £439,616
- 10 Year change
- up 32.4%
- Ave. Rental Price
- £1,756pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £506/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Street Insights
Lake Drive is a residential street with 22 addresses.
It ranks as the 235th largest and 290th most expensive of the 455 streets in the ME3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £439,616
- 10 Year change
- up 32.4%
- Ave. Rental Price
- £1,756pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £506/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertieson Lake Drive, Higham, Rochester, ME3
- 1 Lake Drive
3 Bed Mid-century House
- 2 Lake Drive
3 Bed Mid-century House
- 3 Lake Drive
Unknown
- 4 Lake Drive
Unknown
- 5 Lake Drive
4 Bed Mid-century House
Sales Market Trends
The last sale on Lake Drive sold for £420,000 on 4th November 2024. Since then prices are up an average of 2.1%.
The current average value in the street is £439,616.
The Lake Drive Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £439,616 |
| June 2025 | 2.3% | £437,534 |
| June 2024 | -1.9% | £427,651 |
| June 2023 | 0.1% | £436,122 |
| June 2022 | 9.9% | £435,820 |
| June 2021 | 6.8% | £396,604 |
| June 2020 | 1.7% | £371,406 |
| June 2019 | -0.2% | £365,147 |
| June 2018 | 2.5% | £365,825 |
| June 2017 | 7.5% | £356,732 |
| June 2016 | 14.5% | £331,931 |
| June 2015 | 9.4% | £289,996 |
| June 2014 | 13.2% | £264,974 |
| June 2013 | 2.2% | £234,121 |
| June 2012 | 2% | £229,081 |
| June 2011 | -2.1% | £224,630 |
| June 2010 | 9% | £229,443 |
| June 2009 | -12.4% | £210,585 |
| June 2008 | -0.7% | £240,365 |
| June 2007 | 0% | £242,179 |
Rental Market Trends
The current average rental value in the street is £1,756.
The Lake Drive Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,756pcm |
| June 2025 | 4% | £1,716pcm |
| June 2024 | 6.3% | £1,650pcm |
| June 2023 | 14.6% | £1,552pcm |
| June 2022 | 8.6% | £1,355pcm |
| June 2021 | 5.6% | £1,247pcm |
| June 2020 | 1.5% | £1,182pcm |
| June 2019 | 0.3% | £1,164pcm |
| June 2018 | 0.6% | £1,161pcm |
| June 2017 | 2.1% | £1,154pcm |
| June 2016 | 7.1% | £1,130pcm |
| June 2015 | 8.6% | £1,055pcm |
| June 2014 | 4.4% | £972pcm |
| June 2013 | 2.2% | £931pcm |
| June 2012 | 2.7% | £911pcm |
| June 2011 | 2.7% | £887pcm |
| June 2010 | 5.1% | £864pcm |
| June 2009 | -3.7% | £822pcm |
| June 2008 | 4.8% | £854pcm |
| June 2007 | 0% | £815pcm |
Sales History
The last sale was on 4th November 2024 for £420,000 and since then the market in the area has increased by 2.1%. The street has had a total of 35 sales since 1995.
Lake Drive, Higham, Rochester, ME3 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£420,000 | 3 Bed House8, Lake Drive, Rochester, ME3 7LZ8, Lake Drive, Rochester, ME3 7LZ
- Sold Jul 2022£380,000 | 3 Bed House25, Lake Drive, Rochester, ME3 7LZ25, Lake Drive, Rochester, ME3 7LZ
- Sold Oct 2021£300,000 | 4 Bed House5, Lake Drive, Rochester, ME3 7LZ5, Lake Drive, Rochester, ME3 7LZ
- Sold Jan 2020£325,000 | 3 Bed House17, Lake Drive, Rochester, ME3 7LZ17, Lake Drive, Rochester, ME3 7LZ
- Sold Nov 2016£305,000 | 3 Bed House25, Lake Drive, Rochester, ME3 7LZ25, Lake Drive, Rochester, ME3 7LZ
Top 3 Most Expensive Sales
- Sold Nov 2024£420,000 | 3 Bed House8, Lake Drive, Rochester, ME3 7LZ8, Lake Drive, Rochester, ME3 7LZ
- Sold Jul 2022£380,000 | 3 Bed House25, Lake Drive, Rochester, ME3 7LZ25, Lake Drive, Rochester, ME3 7LZ
- Sold Jul 2016£360,000 | 3 Bed House9, Lake Drive, Rochester, ME3 7LZ9, Lake Drive, Rochester, ME3 7LZ
Nearby Streets
Lake Drive, Higham, Rochester, ME3 is the 235th largest and the 290th most expensive street in the ME3 area.
- Reynolds Fields, Higham, Rochester, ME324 Addresses|82 m away
- The Adelaide, Higham, Rochester, ME310 Addresses|95 m away
- Chequers Street, Higham, Rochester, ME310 Addresses|126 m away
- Canal Road, Higham, Rochester, ME311 Addresses|154 m away
- Chequers Court, Higham, Rochester, ME313 Addresses|160 m away
- Chalk Road, Higham, Rochester, ME340 Addresses|217 m away
Property Types
- 2 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 10 other addresses of unknown type
- modern house (2)
- mid-century house (9)
- house (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (5)
- No EPC (11)
Schools Nearby
- Higham Primary School500 m away
- Shorne Church of England Primary School2.6 km away
- Cliffe Woods Primary School3.0 km away
- Leigh Academy Strood3.5 km away
- Maritime Academy4.0 km away
- Thamesview School4.6 km away
More reading links
Public Transport Nearby
The closest station to Lake Drive, Higham, Rochester, ME3 - ME3 7LZ is Higham station, which is 200 metres away.
- Higham|200 m away
- Strood (Kent)|4.3 km away
- Rochester|5.7 km away
