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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 22, Grange Way, Rochester is £399,669 and its rental estimate is £1,595 per month, given the available information and assuming reasonable condition.
Grange Way, Rochester, ME1 falls within the ME1 postal district.
22, Grange Way, Rochester has 31 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 22, Grange Way, Rochester, we estimate a market value of £419,653 and a rental value of £1,675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £371,692 and £1,484 per month respectively.
Over the last year, 22, Grange Way, Rochester has seen its estimated sale value decline by £1,470 (0.4%) and its estimated rental value climb by £36 per month (2.2%). This results in an estimated gross rental yield of 4.8%.
HM Land Registry records the plot of land for 22, Grange Way, Rochester as measuring 260 m2.
That makes it the 19th largest plot in the postcode, where all 25 other houses have recorded plot data.
22, Grange Way, Rochester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 22, Grange Way, Rochester completed on 22nd December 2014 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 46.5% over the period since December 2014.
Over the past 2 years 3 properties similar to 22, Grange Way, Rochester have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th August 2022, was 7, Cross Way, Rochester, ME1 3DX, a freehold house which sold for £390,000.
Read more about house prices in ME1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Grange Way, Rochester, ME1, 22, Grange Way, Rochester comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £67k more expensive than the average property across the ME1 district.
From 22, Grange Way, Rochester, the nearest station is Rochester, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22, Grange Way, Rochester, 54.4% of property is privately owned with a mortgage and 29.6% is privately owned outright.
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 22, Grange Way, Rochester, 20.9% of residents are recorded as possessing school level qualifications and 51.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, Grange Way, Rochester, the average age was 39.8 and the most common age was 27.
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 22, Grange Way, Rochester, 1.0% 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 22, Grange Way, Rochester, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.