2, Merlin Drive
2, Merlin Drive
Description & Estimates
According to the public record, 2, Merlin Drive, Rochester is a modern freehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Merlin Drive, Rochester is £432,500 and the estimated rental value is £1,721 per month.
Merlin Drive, Wouldham, Rochester, ME1 is located in the borough of Tonbridge and Malling within the ME1 postal district.
Our Data Sources
2, Merlin Drive, Rochester has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Merlin Drive, Rochester is in very good condition we estimate a sale value of £454,125 and a rental value of £1,807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,225 and a rental value of £1,601 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Merlin Drive, Rochester has dropped by £1,591 (0.4%), while its estimated rental value has risen by £38 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
2, Merlin Drive, Rochester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 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
According to HM Land Registry, 2, Merlin Drive, Rochester was last sold on 19th June 2023 for £434,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped by 14.8%.
- Sold Jun 2023£434,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merlin Drive, Rochester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 24, Viking Road, Rochester, ME1 3GJ, a freehold house which sold for £374,995 on the 29th September 2023.
Read more about house prices in ME1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merlin Drive, Wouldham, Rochester, ME1 has a total of 16 addresses. According to our analysis of all the public data, 2, Merlin Drive, Rochester is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in ME1.
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Schools Nearby
- 400mWouldham, All Saints Church of England Voluntary Controlled Primary School
- 600mHalling Primary School
- 1.2kmValley Invicta Primary School at Holborough Lakes
- 2.3kmThe Holmesdale School
- 4.1kmThe Thomas Aveling School
- 4.4kmSir Joseph Williamson's Mathematical School
More reading links
Public Transport Nearby
The closest station to 2, Merlin Drive, Rochester is Snodland station, which is 1.4 kilometres away.
- 1.4kmSnodland
- 1.4kmHalling
- 3.2kmNew Hythe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
