38 Richard Street

    38, RICHARD STREET, ROCHESTER, ME1 2EB

    This terraced freehold property on Richard Street last sold in May 2024 for £230,000. Based on price growth in the ME1 district since then, its estimated current value is £238,955 — placing it in the 35th percentile nationally and the 23rd percentile within ME1. The property covers 75 m² (807 sq ft), giving an estimated value of £3,186 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £230,000

    May 2024

    Estimated Valuation

    £238,955

    Est. £/sq ft

    £296/sq ft

    £3,186/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 May 2024

    £230,000

    26 Feb 2007

    £130,500

    19 Jul 2002

    £89,995

    11 Aug 2000

    £50,000

    29 Jun 1995

    £35,500

    Key Metrics

    Estimated valuation£238,955
    Value per sq ft / m²£296/sq ft (£3,186/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME1 district percentile23rd percentile
    National percentile35th percentile

    District Context — ME1

    ME1 covers Medway, a significant conurbation in north Kent straddling the River Medway between Rochester and Sittingbourne. The area blends historic riverside towns with modern residential and commercial development, offering a mix of period properties and newer housing stock.

    Average Property Price - ME1

    £334,137

    52

    National percentile

    Average Net Household Income - ME1

    £41,450

    64

    National percentile

    10-Year Annualised Price Growth - ME1

    4.3%

    75

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME1

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