2, New Road
2, New Road
Description & Estimates
Public records show 2, New Road, Rochester to be a period Leasehold apartment with 914 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
2, New Road, Rochester has an estimated sale value of £176,982 and an estimated rental value of £1,059 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, New Road, Burham, Rochester, ME1.
New Road, Burham, Rochester, ME1 lies within the ME1 postal district.
Our Data Sources
2, New Road, Rochester has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, New Road, Rochester would be worth £185,831, with a potential rental value of £1,112 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £164,593, with a rental value of £985 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 2, New Road, Rochester has moved down by £4,186 (2.4%) over the last year. During the same period, its estimated monthly rental value has increased by £5 (0.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
2, New Road, Rochester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, New Road, Rochester last changed hands on 4th April 2014, selling for £110,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 85.3% since April 2014.
- Sold Apr 2014£110,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 2, New Road, Rochester across the last 2 years.
Most recently, 118 Marina House, John Street, Rochester, ME1 1YW, a leasehold flat, sold at £194,500 on the 29th April 2022.
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
Our analysis of the public data ranks 2, New Road, Rochester as the 35th largest and the 157th most expensive of the 195 addresses on New Road, Burham, Rochester, ME1.
Against the ME1 postcode district average, it is £156k less expensive than the typical property.
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Schools Nearby
- 300mSt Margaret's at Troy Town CofE Voluntary Controlled Primary School
- 800mSt Peter's Infant School
- 900mSt John's Church of England Infant School
- 500mFort Pitt Grammar School
- 900mSt John Fisher Catholic Comprehensive School
- 1.4kmThe Rochester Grammar School
More reading links
Public Transport Nearby
Rochester station is the nearest stop to 2, New Road, Rochester at 200 metres away.
- 200mRochester
- 900mChatham
- 1.6kmStrood (Kent)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
