240, ROCHESTER STREET, CHATHAM, ME4 6RX - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

240 ROCHESTER STREET is a small extended detached house of 95m², built sometime between 1900 and 1929. It was last sold for £295,000 in July 2021, which was around 36% below the average July 2021 detached price in the Medway local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was D.

240 ROCHESTER STREET Sold Prices

Land registry data shows two sales for 240 ROCHESTER STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 240 ROCHESTER STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 JUL	£295,000	£462,964	36% below HPI
1999 28 SEP	£83,000	£119,242	30% below HPI

240 ROCHESTER STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 240 ROCHESTER STREET sales from September 1999 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 240 ROCHESTER STREET be worth now?

240 ROCHESTER STREET might now be worth an estimated £339,373.

This is based on house price inflation of 15%, between July 2021 and December 2024, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 240 ROCHESTER STREET of £295,000 on 11th July 2021. For the value to have increased from £295,000 to £339,373 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 240 ROCHESTER STREET has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 240 ROCHESTER STREET has not materially changed since July 2021.

How Large is 240 ROCHESTER STREET?

240 ROCHESTER STREET is 95m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 240 ROCHESTER STREET lies on this distribution: 31% of detached houses houses are smaller than 240 ROCHESTER STREET, and 68% of houses are larger. Note that EPC data is not available for all properties in Chatham.

240 ROCHESTER STREET: Plot and Title Map

240 ROCHESTER STREET sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 240 ROCHESTER STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 240 ROCHESTER STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 240 ROCHESTER STREET?

240 ROCHESTER STREET is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 240 on ROCHESTER STREET.