1 George Lane, Rochester, ME1 1NW is a leasehold flat built between 1900-1929. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £166,574 , which equates to approximately £309 per square foot. It was last sold on 3 Mar 2021 for £150,000. Since then, the value has increased by £16,574, representing a 11.0% increase, or approximately 2.3% per year.

The current estimated value of £166,574 is:

  • 36.8% lower than the average property price on George Lane
  • 23.0% lower than the average in the ME1 1NW postcode area
  • and 72.8% lower than the average price for Rochester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 28 October 2020, the property was recorded as owner-occupied.

View sold house prices in ME1 1NW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£166,574
Price Per sq ft (estimate)
£309
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 George Lane, Rochester, Medway, Kent, ME1 1NW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Oct 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Jul 2016, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 113.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ME1 1NW

7 th / 10
Price Rank
23% lower than average
6 th / 7
Size Rank
30% smaller than average
3 rd / 7
Price Per Sq FT Rank
9% higher than average

Compared to other properties in ME1 1NW , this flat's estimated value ranks 7th out of 10. Based on price per square foot, it ranks 3rd out of 7 properties. In terms of size, this home ranks 6th out of 7 properties in its postcode area.

Sale History

Today
£166,574
streetscan.co.uk estimate
+11 %
3 Mar 2021
£150,000
Leasehold
-9.1 %
13 Mar 2017
£165,000
Leasehold
+47.3 %
28 Mar 2007
£112,000
Leasehold
+2.8 %
12 May 2006
£109,000
Leasehold
+84.7 %
19 May 2000
£59,000
Leasehold
+51.3 %
25 Aug 1995
£39,000
Leasehold

Area Insights

Similar Properties Sold Nearby

2 George Lane, Rochester, ME1 1NW
rooms: 2
size: 538 sq ft
sale price: £147,500
sale date: 18 Aug 2017

Data Sources

The property at 1 George Lane, Rochester, ME1 1NW appears six times in the Land Registry records, with the latest transaction recorded on 3 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Oct 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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