43, REED STREET, CLIFFE, ROCHESTER, ME3 7UL - £427,500

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

43 REED STREET is a very small extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £439,523. It was last sold for £427,500 in August 2024, which was around 17% below the average August 2024 detached price in the Medway local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

43 REED STREET Sold Prices

Land registry data shows four sales for 43 REED STREET 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 43 REED 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
2024 22 AUG	£427,500	£518,032	17% below HPI
2014 9 SEP	£275,000	£320,429	14% below HPI
2007 2 JUL	£210,000	£278,897	25% below HPI
1999 27 AUG	£90,000	£115,307	22% below HPI

43 REED 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 four 43 REED STREET sales between August 1999 and August 2024 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 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 43 REED STREET be worth now?

43 REED STREET might now be worth an estimated £439,523.

This is based on house price inflation of 2.8%, between August 2024 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 2.8% inflationary increase is applied to the most recent sale price for 43 REED STREET of £427,500 on 22nd August 2024. For the value to have increased from £427,500 to £439,523 over the eight months to December 2024, the following assumptions must hold true:

• The value of 43 REED STREET has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2024 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 43 REED STREET has not materially changed since August 2024.

How Large is 43 REED STREET?

43 REED STREET is 71m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Cliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cliffe, and where 43 REED STREET lies on this distribution: 3% of detached houses houses are smaller than 43 REED STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

43 REED STREET: Plot and Title Map

43 REED STREET sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 43 REED 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 43 REED 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 43 REED STREET?

43 REED STREET is located in CLIFFE, in the ME3 postcode district. The below map shows the position of No. 43 on REED STREET.