40 Shorts Way

    40, SHORTS WAY, ROCHESTER, ME1 3AR

    This flat/maisonette leasehold property on Shorts Way last sold in October 2022 for £195,000. Based on price growth in the ME1 district since then, its estimated current value is £175,141 — placing it in the 18th percentile nationally and the 9th percentile within ME1. The property covers 56 m² (603 sq ft), giving an estimated value of £3,128 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £195,000

    Oct 2022

    Estimated Valuation

    £175,141

    Est. £/sq ft

    £291/sq ft

    £3,128/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Oct 2022

    £195,000

    19 Feb 2021

    £151,000

    23 Dec 2014

    £107,500

    5 Jun 2007

    £104,000

    24 Feb 2003

    £71,000

    9 Nov 2001

    £41,000

    Key Metrics

    Estimated valuation£175,141
    Value per sq ft / m²£291/sq ft (£3,128/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME1 district percentile9th percentile
    National percentile18th 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

    More properties in ME1

    Streets in ME1

    Explore nearby