Rochester property prices

The average property price in Rochester postcode area is £308k. The average price increased by £15.2k (5%) over the last twelve months. The price of an established property is £304k. The price of a newly built property is £361k. There were 7.0k property sales and sales dropped by 26.9% (-2.9k transactions). Most properties were sold in the £300k-£400k price range with 1582 (22.5%) properties sold, followed by £200k-£250k price range with 1526 (21.7%) properties sold.

March 2020 - February 2021

Rochester postcode area

England and Wales

£308k

average property price

£320k

average property price

5%

average price percentage change

8%

average price percentage change

£15.2k

average price change

£22.6k

average price change

Rochester house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'ME14 1' with the average price of £162k. The most expensive place was 'ME18 6', £606k.

Rochester house prices map

Rochester house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between March 2020 - February 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Rochester house prices compared to other areasAverage price percentage change
Average property price

Rochester house price rank

With the average price of £308k, Rochester is the 47. most pricey postcode area out of 105 England and Wales' postcode areas.

Rochester house price rank

Rochester property sales share by price range

shows a number of properties sold in a given price range between March 2020 - February 2021.

Rochester property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%7
£50k-£100k1.4%98
£100k-£150k5.1%355
£150k-£200k13.3%935
£200k-£250k21.7%1.5k
£250k-£300k18.1%1.3k
£300k-£400k22.5%1.6k
£400k-£500k9.4%661
£500k-£750k6.6%465
£750k-£1M1.3%91
over £1M0.4%30

Rochester cost comparison of new homes and older homes

March 2020 - February 2021

Rochester cost comparison of new homes and older homes

£361k

A newly built property

£304k

An established property

Rochester cost comparison of houses and flats

March 2020 - February 2021

Rochester cost comparison of houses and flats

£484k

Detached

£175k

Flat

£314k

Semi-Detached

£247k

Terraced

Rochester real house prices

Yearly average nominal house prices adjusted for inflation.

Rochester real house prices

Rochester house prices compared to England & Wales' house prices

Yearly average nominal prices

Rochester house prices

Rochester house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Rochester house prices and nearby areas

Yearly average nominal prices

Rochester house prices and nearby areas

Rochester house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Rochester house prices new vs established

Rochester house prices by property type

Yearly average nominal prices

Rochester house prices by property type

Rochester house price to earnings ratio

The median property price to median earnings ratio is ranging between 7.9 in Medway and 10.1 in Maidstone. Ie. Medway resident with middle-income needs 7.9 gross annual salaries to buy a medium-priced property. Resident in Maidstone needs 10.1 annual salaries. The England and Wales ratio was 7.7 in 2019.
Rochester house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Medway7.9
Swale8
Tonbridge and Malling9.7
Maidstone10.1

Other reports for Rochester postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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