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According to the public record, 40, City Way, Rochester is an early-century freehold house with 1,463 ft2 of internal area and sits on a 410 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, City Way, Rochester is £583,512 and the estimated rental value is £2,017 per month.
City Way, Rochester, ME1 is located within the ME1 postal district.
40, City Way, Rochester has 31 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 40, City Way, Rochester is in very good condition we estimate a sale value of £612,688 and a rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,666 and a rental value of £1,875 per month.
Over the past 12 months, the estimated sale value of 40, City Way, Rochester has risen by £6,371 (1.1%), while its estimated rental value has moved up by £53 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.1%.
According to data from HM Land Registry, 40, City Way, Rochester sits on a plot of 410 m2.
We have plot size data on 29 out of 31 other houses in the postcode and 40, City Way, Rochester sits on the 12th largest plot.
40, City Way, Rochester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, City Way, Rochester was last sold on 31st May 2024 for £480,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen by 15.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, City Way, Rochester within a radius of 430 metres over the last 2 years.
The most recent example is 28, City Way, Rochester, ME1 2AB, a freehold house which sold for £525,000 on the 16th July 2024.
Read more about house prices in ME1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
City Way, Rochester, ME1 has a total of 397 addresses. According to our analysis of all the public data, 40, City Way, Rochester is the 89th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £251k more expensive than the average property in ME1.
The closest station to 40, City Way, Rochester is Rochester station, which is 400 metres 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 40, City Way, Rochester, 33.1% of property is privately owned with a mortgage and 32.4% is privately rented.
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 40, City Way, Rochester, 15.6% of residents are recorded as possessing school level qualifications and 38.3% 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 40, City Way, Rochester, the average age was 37.9 and the most common age was 32.
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 40, City Way, Rochester, 1.4% 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 40, City Way, Rochester, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
