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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Spritsail Way, Rochester is a modern freehold house with 947 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, Spritsail Way, Rochester is £386,394 and the estimated rental value is £1,702 per month.
Spritsail Way, Rochester, ME1 is located within the ME1 postal district.
2, Spritsail Way, Rochester has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated August 2022.
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.
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, Spritsail Way, Rochester is in very good condition we estimate a sale value of £405,714 and a rental value of £1,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,347 and a rental value of £1,583 per month.
Over the past 12 months, the estimated sale value of 2, Spritsail Way, Rochester has fallen by £1,421 (0.4%), while its estimated rental value has moved up by £38 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.3%.
2, Spritsail Way, Rochester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Spritsail Way, Rochester was last sold on 5th September 2022 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped by 7.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spritsail Way, Rochester within a radius of 510 metres over the last 2 years.
The most recent example is 7, Glenway Road, Rochester, ME1 1NT, a freehold house which sold for £420,000 on the 29th September 2022.
Read more about house prices in ME1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spritsail Way, Rochester, ME1 has a total of 4 addresses. According to our analysis of all the public data, 2, Spritsail Way, Rochester is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in ME1.
The closest station to 2, Spritsail Way, Rochester is Rochester station, which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Spritsail Way, Rochester, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Spritsail Way, Rochester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Spritsail Way, Rochester, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Spritsail Way, Rochester, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
