39B, WALLACE ROAD, ROCHESTER, ME1 2TB - £334,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39B WALLACE ROAD is a large detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £570,939. It was last sold for £334,000 in August 2014, which was around 6% above the average August 2014 detached price in the Medway local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

39B WALLACE ROAD Sold Prices

Land registry data shows four sales for 39B WALLACE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 39B WALLACE ROAD sales were for above 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
2014 4 AUG	£334,000	£315,123	6% above HPI
2001 17 AUG	£181,000	£163,543	11% above HPI
1998 29 OCT	£129,495	£109,287	18% above HPI
1995 18 AUG	£97,000	£86,197	13% above HPI

39B WALLACE ROAD 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 four 39B WALLACE ROAD sales between August 1995 and August 2014 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 August 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 39B WALLACE ROAD be worth now?

39B WALLACE ROAD might now be worth an estimated £570,939.

This is based on house price inflation of 70.9%, between August 2014 and February 2025, 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 70.9% inflationary increase is applied to the most recent sale price for 39B WALLACE ROAD of £334,000 on 4th August 2014. For the value to have increased from £334,000 to £570,939 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 39B WALLACE ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2014 sale price of £334,000 represented a fair market value for the property.
• The size, condition, and specification of 39B WALLACE ROAD has not materially changed since August 2014.

How Large is 39B WALLACE ROAD?

39B WALLACE ROAD is 148m² according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 39B WALLACE ROAD lies on this distribution: 71% of detached houses houses are smaller than 39B WALLACE ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Rochester.

39B WALLACE ROAD: Plot and Title Map

39B WALLACE ROAD sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 39B WALLACE ROAD, 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 39B WALLACE ROAD). 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 39B WALLACE ROAD?

39B WALLACE ROAD is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 39B on WALLACE ROAD.