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According to the public record, 37, Wallace Road, Rochester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,094 ft2 of internal area and sits on a 382 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 37, Wallace Road, Rochester is £415,379 and the estimated rental value is £1,708 per month.
Wallace Road, Rochester, ME1 is located within the ME1 postal district.
37, Wallace Road, Rochester has 21 entries in the Land Registry , most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 37, Wallace Road, Rochester is in very good condition we estimate a sale value of £436,148 and a rental value of £1,794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,302 and a rental value of £1,589 per month.
Over the last 12 months the sale value of 37 Wallace Road Rochester has increased by an estimated £4,535 (1.1%) and its rental value has increased by an estimated £45 per month (2.6%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 37, Wallace Road, Rochester sits on a plot of 382m2.
We have plot size data on 26 out of 26 other houses in the postcode and 37, Wallace Road, Rochester sits on the 4th largest plot.
According to HM Land Registry, 37, Wallace Road, Rochester was last sold on 8th June 2007 for £249,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2007, the market for similar properties has risen 60.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Wallace Road, Rochester within a radius of 670 metres over the last 2 years.
The most recent example is 67, Grafton Avenue, Rochester, ME1 2RR, a freehold house which sold for £390,000 on the 26th April 2024.
Read more about house prices in ME1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Road, Rochester, ME1 has a total of 54 addresses. According to our analysis of all the public data, 37, Wallace Road, Rochester is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in ME1.
The closest station to 37, Wallace Road, Rochester is Chatham station which is 2.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 37, Wallace Road, Rochester, 49.2% of property is privately owned outright and 37.9% is privately owned with a mortgage.
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 37, Wallace Road, Rochester, 20.5% of residents are recorded as possessing school level qualifications and 26.7% 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 37, Wallace Road, Rochester, the average age was 42.4 and the most common age was 57.
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 37, Wallace Road, 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 37, Wallace Road, Rochester, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
