2 Fay Close

    2, FAY CLOSE, ROCHESTER, ME1 1LZ

    This detached freehold property on Fay Close last sold in August 2022 for £578,000. Based on price growth in the ME1 district since then, its estimated current value is £617,031 — placing it in the 87th percentile nationally and the 94th percentile within ME1. The property covers 129 m² (1,389 sq ft), giving an estimated value of £4,783 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £578,000

    Aug 2022

    Estimated Valuation

    £617,031

    Est. £/sq ft

    £444/sq ft

    £4,783/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £578,000

    9 Dec 1999

    New build

    £212,995

    Key Metrics

    Estimated valuation£617,031
    Value per sq ft / m²£444/sq ft (£4,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME1 district percentile94th percentile
    National percentile87th 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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