61, Forge Lane
61, Forge Lane
Description & Estimates
The public record lists 61, Forge Lane, Rochester as a freehold house sitting on a 2,040 m2 plot.
Comparison with its neighbours suggests an early-century house with 2,898 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
61, Forge Lane, Rochester has an estimated sale value of £789,311 and an estimated rental value of £3,066 per month, assuming reasonable condition and based on the information available.
Forge Lane, Higham, Rochester, ME3 lies in the borough of Gravesham, within the ME3 postal district.
Our Data Sources
61, Forge Lane, Rochester has 21 entries in the Land Registry , most recently in October 2021 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 61, Forge Lane, Rochester would be worth £828,776, with a potential rental value of £3,219 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £734,059, with a rental value of £2,851 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 61, Forge Lane, Rochester has fallen by £3,356 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £51 (1.7%). The property's estimated gross yield is currently 4.7%.
Plot Size
61, Forge Lane, Rochester occupies a 2,040 m2 plot as recorded by HM Land Registry.
All 19 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Sold Prices
61, Forge Lane, Rochester last changed hands on 29th October 2021, selling for £1,140,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 10.5% since October 2021.
- Sold Oct 2021£1,140,000
- Sold Dec 1997£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 61, Forge Lane, Rochester across the last 2 years.
Most recently, The Banks, Walmers Avenue, Rochester, ME3 7EH, a freehold house, sold at £735,000 on the 27th August 2021.
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
Our analysis of the public data ranks 61, Forge Lane, Rochester as the largest and the 6th most expensive of the 76 addresses on Forge Lane, Higham, Rochester, ME3.
Against the ME3 postcode district average, it is £407k more expensive than the typical property.
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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
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Public Transport Nearby
Higham station is the nearest stop to 61, Forge Lane, Rochester at 1.7 kilometres away.
- 1.7kmHigham
- 3.4kmStrood (Kent)
- 4.3kmCuxton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
