18, Blacksmith Lane
18, Blacksmith Lane
Description & Estimates
Public records show 18, Blacksmith Lane, Rochester to be a modern freehold house with 957 ft2 of internal area, sitting on a 238 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
18, Blacksmith Lane, Rochester has an estimated sale value of £379,163 and an estimated rental value of £1,820 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
18, Blacksmith Lane, Rochester has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated May 2022.
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 18, Blacksmith Lane, Rochester would be worth £398,121, with a potential rental value of £1,910 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £352,622, with a rental value of £1,692 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 18, Blacksmith Lane, Rochester has declined by £21 (0.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (2.2%). The property's estimated gross yield is currently 5.8%.
Plot Size
18, Blacksmith Lane, Rochester occupies a 238 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
18, Blacksmith Lane, Rochester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
18, Blacksmith Lane, Rochester last changed hands on 1st July 2022, selling for £355,995. 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 risen by 7.5% since July 2022.
- Sold Jul 2022£355,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 18, Blacksmith Lane, Rochester across the last 2 years.
Most recently, 24, Edward Lake Drive, Rochester, ME3 9UY, a freehold house, sold at £382,500 on the 15th June 2023.
Read more about house prices in ME3.
- Sold Jun 2023£382,500 | 3 Bed House24, Edward Lake Drive, Rochester, ME3 9UY24, Edward Lake Drive, Rochester, ME3 9UY
- Sold Jun 2023£384,500 | 3 Bed House22, Edward Lake Drive, Rochester, ME3 9UY22, Edward Lake Drive, Rochester, ME3 9UY
- Sold Jul 2022£355,500 | 3 Bed House20, Blacksmith Lane, Rochester, ME3 9XW20, Blacksmith Lane, Rochester, ME3 9XW
•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 18, Blacksmith Lane, Rochester as the 23rd largest and the 23rd most expensive of the 23 addresses on Blacksmith Lane, Hoo, Rochester, ME3.
Against the ME3 postcode district average, it is £4k less 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 18, 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.
