1, Blacksmith Lane
1, Blacksmith Lane
Description & Estimates
Public records show 1, Blacksmith Lane, Rochester to be a modern freehold house with 1,227 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Blacksmith Lane, Rochester has an estimated sale value of £450,148 and an estimated rental value of £2,028 per month, assuming reasonable condition and based on the information available.
Blacksmith Lane, Hoo, Rochester, ME3 lies within the ME3 postal district.
Our Data Sources
1, Blacksmith Lane, Rochester has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Blacksmith Lane, Rochester would be worth £472,655, with a potential rental value of £2,130 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £418,637, with a rental value of £1,886 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Blacksmith Lane, Rochester has risen by £1,628 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £48 (2.4%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
1, Blacksmith Lane, Rochester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Blacksmith Lane, Rochester last changed hands on 30th June 2023, selling for £484,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.3% since June 2023.
- Sold Jun 2023£484,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 930 metres of 1, Blacksmith Lane, Rochester across the last 2 years.
Most recently, 3, Edward Lake Drive, Rochester, ME3 9UY, a freehold house, sold at £465,000 on the 29th September 2023.
Read more about house prices in ME3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Blacksmith Lane, Rochester as the 15th largest and the 7th most expensive of the 23 addresses on Blacksmith Lane, Hoo, Rochester, ME3.
Against the ME3 postcode district average, it is £67k more expensive than the typical property.
More reading links
Schools Nearby
- 1.3kmHoo St Werburgh Primary School and the Marlborough
- 2.8kmSt Mary's Island Church of England (Aided) Primary School
- 3.2kmChattenden Primary School
- 3.2kmWaterfront UTC
- 4.9kmMaritime Academy
- 4.9kmBrompton Academy
More reading links
Public Transport Nearby
Gillingham (Kent) station is the nearest stop to 1, Blacksmith Lane, Rochester at 4.2 kilometres away.
- 4.2kmGillingham (Kent)
- 5.7kmStrood (Kent)
- 5.8kmChatham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
