Palm DriveHouse Prices / South East, Medway
Key Street Insights
Palm Drive is a residential street with 30 addresses.
It ranks as the 249th largest and most expensive of the 412 streets in the ME1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 30 properties: 4 houses and 26 flats.
- Houses
- Flats
Key Street Insights
Palm Drive is a residential street with 30 addresses.
It ranks as the 249th largest and most expensive of the 412 streets in the ME1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 30 properties: 4 houses and 26 flats.
- Houses
- Flats
House Priceson Palm Drive
Sale prices range from £77,207 for 2 bedroom leasehold flats (450 ft2) to £282,024 for 3 bedroom freehold houses with a garden (893 ft2) .
Monthly rental prices range from £514 pcm for 2 bed flats to £1,530 pcm for 3 bed houses.
The gross rental yield is between 6.5% and 8.0%.
The average value per square foot is £142.
Sales Market Trendson Palm Drive
The last sale on Palm Drive sold for £162,000 on 30th August 2024. Since then prices are down an average of 0.7%.
The current average value in the street is £111,538.
The Palm Drive Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £111,538 |
| May 2025 | 0.2% | £111,629 |
| May 2024 | -1.7% | £111,396 |
| May 2023 | 1.9% | £113,287 |
| May 2022 | 7.9% | £111,178 |
| May 2021 | 5.9% | £103,020 |
| May 2020 | 1.9% | £97,311 |
| May 2019 | -1.8% | £95,456 |
| May 2018 | 1% | £97,185 |
| May 2017 | 7.1% | £96,224 |
| May 2016 | 17.7% | £89,861 |
| May 2015 | 7.3% | £76,328 |
| May 2014 | 11.6% | £71,135 |
| May 2013 | 0.4% | £63,733 |
| May 2012 | -2.3% | £63,506 |
| May 2011 | -1.2% | £65,026 |
| May 2010 | 7.9% | £65,812 |
| May 2009 | -15.7% | £60,994 |
| May 2008 | -0.2% | £72,390 |
| May 2007 | 0% | £72,551 |
Rental Market Trendson Palm Drive
The current average rental value in the street is £677.
The Palm Drive Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £677pcm |
| May 2025 | 2.6% | £658pcm |
| May 2024 | 7.9% | £642pcm |
| May 2023 | 13% | £595pcm |
| May 2022 | 6.7% | £526pcm |
| May 2021 | 4.3% | £494pcm |
| May 2020 | 1.3% | £473pcm |
| May 2019 | 0.2% | £467pcm |
| May 2018 | -0.3% | £466pcm |
| May 2017 | 2% | £467pcm |
| May 2016 | 7.5% | £458pcm |
| May 2015 | 6.6% | £426pcm |
| May 2014 | 3.6% | £400pcm |
| May 2013 | 1.6% | £386pcm |
| May 2012 | 0.1% | £380pcm |
| May 2011 | 2.8% | £380pcm |
| May 2010 | 1% | £369pcm |
| May 2009 | -3.6% | £366pcm |
| May 2008 | 4% | £379pcm |
| May 2007 | 0% | £365pcm |
Properties and Buildingson Palm Drive, Rochester, ME1
Sales Historyon Palm Drive, Rochester, ME1
The last sale was on 30th August 2024 for £162,000 and since then the market in the area has decreased by 0.7%. The street has had a total of 7 sales since 1995.
Palm Drive, Rochester, ME1 has seen 3 sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Palm Drive, Rochester, ME1
- Sold May 2019£177,500 | 2 Bed FlatRichard Howe House, Palm DriveFlat 17, Richard Howe House, Palm Drive, Rochester, ME1 2EZ
- Sold Aug 2024£162,000 | 2 Bed FlatRichard Howe House, Palm DriveFlat 18, Richard Howe House, Palm Drive, Rochester, ME1 2EZ
- Sold Sep 2021£90,000 | 2 Bed FlatRichard Howe House, Palm DriveFlat 5, Richard Howe House, Palm Drive, Rochester, ME1 2EZ
Nearby Streetsto Palm Drive, Rochester, ME1
Palm Drive, Rochester, ME1 is the 249th largest and the most expensive street in the ME1 area.
- 90 mSpinnaker Court, Rochester, ME116 Addresses
- 94 mStock Close, Rochester, ME115 Addresses
- 146 mFairway Close, Rochester, ME116 Addresses
- 151 mThe Fairway, Rochester, ME184 Addresses
- 166 mAnchor Road, Rochester, ME149 Addresses
- 193 mBinnacle Road, Rochester, ME159 Addresses
Postcodeson Palm Drive, Rochester, ME1
There is 1 postcode on Palm Drive, Rochester, ME1.
- House prices in ME1 2EZ30 Addresses
Property Typesin Palm Drive
- 4 modern houses built after 1980
- 26 modern flats built after 1980
- modern house (4)
- modern flat (26)
Energy Efficiencyof properties on Palm Drive
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (23)
- F (0)
- C (7)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- 400mWarren Wood Primary School
- 500mDelce Academy
- 500mCrest Infant School
- 300mThe Thomas Aveling School
- 500mSir Joseph Williamson's Mathematical School
- 500mThe Rochester Grammar School
More reading links
Public Transport Nearby
The closest station to Palm Drive, Rochester, ME1 is Chatham station, which is 1.9 kilometres away.
- 1.9kmChatham
- 2.1kmRochester
- 3.0kmCuxton
