Local market reports › ME area › ME2 › ME2 1
Strood market report ME2 1, Rochester
The standing ME2 1 (Strood) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 3,622 completed sales registered with HM Land Registry in ME2 1 (Rochester) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in ME2 1 (Rochester) came in at £430,000, out of 29 registered, up 32% on five years earlier, and the mean stands at £431,100, and by floor area homes here have averaged about £4,120 per square metre over the last five years. The record behind it is 3,622 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
A postcode sector like ME2 1 is a single group of streets within ME2 (Rochester), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where ME2 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What ME2 1 homes really sell for
Take the 29 registered 2026 sales in ME2 1 and the middle price, the median, is £430,000. The mean lands at £431,100, nearly identical to it, meaning sales cluster closely around the typical figure.
House prices per square metre in ME2 1
A square metre of ME2 1 home has cost about £4,120 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Set against the £285,000 England and Wales median, ME2 1 sits 51% above the national market.
A typical ME2 1 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £430,000 | £430,000 | 29 |
| 2025 | £372,800 | £381,715 | 102 |
| 2024 | £345,000 | £366,806 | 83 |
| 2023 | £330,000 | £362,589 | 101 |
| 2022 | £371,200 | £435,274 | 88 |
| 2021 | £325,000 | £411,492 | 153 |
| 2020 | £303,000 | £393,149 | 94 |
| 2019 | £278,000 | £364,391 | 112 |
| 2018 | £280,000 | £373,245 | 110 |
| 2017 | £330,000 | £450,087 | 172 |
| 2016 | £327,500 | £458,176 | 147 |
| 2015 | £275,000 | £388,575 | 151 |
| 2014 | £250,000 | £354,669 | 167 |
| 2013 | £208,000 | £299,291 | 83 |
| 2012 | £178,000 | £261,994 | 78 |
| 2011 | £175,000 | £264,183 | 75 |
| 2010 | £187,500 | £294,048 | 69 |
| 2009 | £177,500 | £285,333 | 60 |
| 2008 | £165,000 | £270,470 | 55 |
| 2007 | £200,200 | £339,595 | 128 |
| 2006 | £189,200 | £328,427 | 140 |
| 2005 | £168,000 | £298,972 | 95 |
| 2004 | £180,000 | £326,915 | 165 |
| 2003 | £150,000 | £276,336 | 123 |
| 2002 | £122,000 | £229,542 | 104 |
| 2001 | £105,000 | £201,857 | 151 |
| 2000 | £88,000 | £172,700 | 129 |
| 1999 | £80,600 | £160,632 | 138 |
| 1998 | £77,000 | £155,430 | 141 |
| 1997 | £69,400 | £142,325 | 162 |
| 1996 | £66,500 | £140,246 | 102 |
| 1995 | £60,000 | £130,431 | 115 |
In cash terms the typical ME2 1 home went from £60,000 in 1995 to £430,000 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 230%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2016; the current median sits about 6% below that. Someone who bought at the 2016 peak has not yet seen that price back in real terms.
Year-on-year change in the ME2 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+23.0% on the year before); the weakest, 2008 (−17.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +15.3% | +12.6% |
| 5 years (since 2021) | +5.8% | +0.9% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +4.2% | +1.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in ME2 1
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 29 ME2 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 129 sales a year before the financial crisis and 81 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market ME2 1 is
This is a thin market: 29 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the ME2 district median, ME2 1 sits 32% higher, marking it as a dearer pocket of the district.
The rental side of ME2 1
ME2 1 falls under Medway, where the ONS puts the average private rent at £1,238 a month (May 2026 figures). A one-bed averages £900 a month here and a four-or-more-bed £1,835, so size does most of the work in setting the rent.
Average monthly rent by size, Medway
ONS Price Index of Private Rents, May 2026.
Against the £430,000 median purchase price, a rent of £1,238 a month (£14,856 a year) works out at a 3.5% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Asked and answered: ME2 1 (Strood)
Are property prices falling in ME2 1 (Strood)?
Is ME2 1 (Strood) a good place to buy a house?
How much did a house sell for in ME2 1 (Strood)?
What happens to ME2 1 prices now?
The record answers a different question than "what happens next": the median is up 32% over five years in cash and up 4% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
ME2's current homes for sale
Turning to what is actually available: 5 homes on the market right now, from 3 agents publishing to HomesIndex.
These cover the whole ME2 district, not just ME2 1: live asking prices are collected per district.
20% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every ME2 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in ME: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the ME area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £360,000 | £494,995 (+37%) | £690,997 (+40%) | £920,000 (+33%) |
| Semi-detached | £282,000 | £327,000 (+16%) | £385,000 (+18%) | £475,000 (+23%) | £615,000 (+29%) |
| Terraced | £250,000 | £275,000 (+10%) | £315,000 (+15%) | £405,000 (+29%) | £567,500 (+40%) |
| Flat | £166,500 | £225,000 (+35%) | £340,000 (+51%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the ME area is the point: the same five years treated these districts very differently.
Five-year change in the median, ME area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in ME2
Sector boundaries hide real price steps. The rest of ME2, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| ME2 2 | £285,200 | 54 |
| ME2 3 | £350,000 | 70 |
| ME2 4 | £322,500 | 38 |
Zoom out to the full ME2 district report for the type split, monthly volumes and how ME2 compares with its neighbours.
Thinking of selling in ME2 1? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at ME2 1's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim ME2 1.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about ME2 1. Free, with a one click sign in.
Two maps carry on from here: every ME2 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.