51, Forge Lane
51, Forge Lane
Description & Estimates
51, Forge Lane, Rochester is recorded publicly as an early-century freehold house across 957 ft2 of internal area, sitting on a 353 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, Forge Lane, Rochester is £434,996 and its rental estimate is £1,747 per month, given the available information and assuming reasonable condition.
Forge Lane, Higham, Rochester, ME3 falls within the ME3 postal district, in the borough of Gravesham.
Our Data Sources
51, Forge Lane, Rochester has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated August 2012.
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.
Price Range & Condition
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 51, Forge Lane, Rochester, we estimate a market value of £456,746 and a rental value of £1,834 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £404,546 and £1,624 per month respectively.
Recent Market Change
Over the last year, 51, Forge Lane, Rochester has seen its estimated sale value move down by £24 (0.0%) and its estimated rental value increase by £38 per month (2.2%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 51, Forge Lane, Rochester as measuring 353 m2.
That makes it the 16th largest plot in the postcode, where all 19 other houses have recorded plot data.
Energy Efficiency
51, Forge Lane, Rochester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Aug 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51, Forge Lane, Rochester completed on 8th October 2020 at £465,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 10.1% over the period since October 2020.
- Sold Oct 2020£465,000
- Sold Oct 2012£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Forge Lane, Rochester have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2020, was 55, Forge Lane, Rochester, ME3 7AH, a freehold house which sold for £325,000.
Read more about house prices in ME3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 76 addresses on Forge Lane, Higham, Rochester, ME3, 51, Forge Lane, Rochester comes out as the 37th largest and the 29th most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the ME3 district.
More reading links
Schools Nearby
- 1.3kmHigham Primary School
- 1.8kmShorne Church of England Primary School
- 1.9kmBligh Primary School (Juniors)
- 1.8kmLeigh Academy Strood
- 3.5kmMaritime Academy
- 4.4kmThamesview School
More reading links
Public Transport Nearby
From 51, Forge Lane, Rochester, the nearest station is Higham, 1.7 kilometres away.
- 1.7kmHigham
- 3.4kmStrood (Kent)
- 4.3kmCuxton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
