46, REED STREET, CLIFFE, ROCHESTER, ME3 7UL - £300,000

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.

46 REED STREET is a very small extended semi-detached house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £307,334. It was last sold for £300,000 in July 2023, which was around 13% below the average July 2023 semi-detached price in the Medway local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.

46 REED STREET Sold Prices

Land registry data shows three sales for 46 REED STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 46 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
2023 3 JUL	£300,000	£343,214	13% below HPI
2020 4 SEP	£225,000	£288,674	22% below HPI
1995 9 APR	£30,000	£52,229	43% below HPI

46 REED STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 46 REED STREET sales between April 1995 and July 2023 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 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 46 REED STREET be worth now?

46 REED STREET might now be worth an estimated £307,334.

This is based on house price inflation of 2.4%, between July 2023 and February 2025, for semi-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 2.4% inflationary increase is applied to the most recent sale price for 46 REED STREET of £300,000 on 3rd July 2023. For the value to have increased from £300,000 to £307,334 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 46 REED STREET has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 46 REED STREET has not materially changed since July 2023.

How Large is 46 REED STREET?

46 REED STREET is 70m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of semi-detached houses houses in Cliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cliffe, and where 46 REED STREET lies on this distribution: 2% of semi-detached houses houses are smaller than 46 REED STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

46 REED STREET: Plot and Title Map

46 REED STREET sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 46 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 46 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 46 REED STREET?

46 REED STREET is located in CLIFFE, in the ME3 postcode district. The below map shows the position of No. 46 on REED STREET.