Local market reports › ME area › ME2 › ME2 4
Strood market report ME2 4, Rochester
The standing ME2 4 (Strood) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 3,769 completed sales registered with HM Land Registry in ME2 4 (Rochester) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical ME2 4 (Rochester) home changed hands for £322,500 in 2026 (median of 38 registered sales, up 7% on five years earlier), with the mean at £317,600, and by floor area homes here have averaged about £3,870 per square metre over the last five years. Source: 3,769 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
ME2 4 is a postcode sector: one group of streets inside ME2 (Rochester). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where ME2 4 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.
The going rate for a home in ME2 4
38 sales were registered in ME2 4 in 2026, and the middle one of them, the median, went for £322,500. The mean works out at £317,600, nearly identical to it, meaning sales cluster closely around the typical figure.
ME2 4 prices by floor area
Measured by floor area, the last five years of ME2 4 sales average about £3,870 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Set against the £285,000 England and Wales median, ME2 4 sits 13% above the national market.
The price of a typical ME2 4 home, 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 | £322,500 | £322,500 | 38 |
| 2025 | £300,000 | £307,174 | 96 |
| 2024 | £320,000 | £340,226 | 97 |
| 2023 | £306,000 | £336,219 | 84 |
| 2022 | £330,000 | £386,963 | 93 |
| 2021 | £301,000 | £381,105 | 134 |
| 2020 | £280,000 | £363,306 | 93 |
| 2019 | £290,000 | £380,121 | 95 |
| 2018 | £260,000 | £346,585 | 127 |
| 2017 | £261,500 | £356,660 | 96 |
| 2016 | £238,000 | £332,964 | 116 |
| 2015 | £225,000 | £317,925 | 154 |
| 2014 | £158,500 | £224,860 | 141 |
| 2013 | £149,000 | £214,396 | 94 |
| 2012 | £160,000 | £235,500 | 65 |
| 2011 | £162,000 | £244,558 | 91 |
| 2010 | £129,000 | £202,305 | 60 |
| 2009 | £155,000 | £249,164 | 77 |
| 2008 | £170,000 | £278,666 | 85 |
| 2007 | £172,000 | £291,760 | 189 |
| 2006 | £142,000 | £246,494 | 155 |
| 2005 | £160,000 | £284,736 | 121 |
| 2004 | £153,000 | £277,878 | 152 |
| 2003 | £130,000 | £239,492 | 200 |
| 2002 | £110,200 | £207,340 | 196 |
| 2001 | £77,000 | £148,029 | 173 |
| 2000 | £67,000 | £131,488 | 133 |
| 1999 | £61,400 | £122,367 | 160 |
| 1998 | £60,000 | £121,114 | 135 |
| 1997 | £49,800 | £102,130 | 122 |
| 1996 | £51,000 | £107,557 | 95 |
| 1995 | £45,000 | £97,823 | 102 |
In cash terms the typical ME2 4 home went from £45,000 in 1995 to £322,500 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 230%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 17% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the ME2 4 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 2002 (+43.1% on the year before); the weakest, 2010 (−16.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +7.5% | +5.0% |
| 5 years (since 2021) | +1.4% | −3.3% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +4.2% | +1.4% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in ME2 4
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
ME2 4 recorded 38 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 165 sales a year before the financial crisis and 82 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Reading the ME2 4 market
This is a thin market: 38 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.
What tenants pay around ME2 4
The local authority for ME2 4 is Medway, and its ONS average private rent currently stands at £1,238 a month (May 2026 figures). Size sets most of the rent: one-beds average £900 a month here against £1,835 for four or more bedrooms.
Average monthly rent by size, Medway
ONS Price Index of Private Rents, May 2026.
Against the £322,500 median purchase price, a rent of £1,238 a month (£14,856 a year) works out at a 4.6% 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 4 (Strood)
Are property prices falling in ME2 4 (Strood)?
Is ME2 4 (Strood) a good place to buy a house?
How much did a house sell for in ME2 4 (Strood)?
Where do ME2 4 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 7% over five years in cash but down 15% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in ME2 now
This is what you could actually buy today: 5 homes currently on the market from 3 agents publishing to HomesIndex.
These cover the whole ME2 district, not just ME2 4: live asking prices are collected per district.
Of everything listed here, 20% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every ME2 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in ME: the cost
Real sold prices by size across the ME area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in ME2
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of ME2, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| ME2 1 | £430,000 | 29 |
| ME2 2 | £285,200 | 54 |
| ME2 3 | £350,000 | 70 |
Zoom out to the full ME2 district report for the type split, monthly volumes and how ME2 compares with its neighbours.
Before you sell in ME2 4: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in ME2 4, use the average prices map for a rough value: zoom from ME2 4's shading down to the sold homes on your own street. The figures above are every recorded ME2 4 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working ME2 4: the featured spot on this report is free for founding agents, one per district. Claim ME2 4.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about ME2 4. Free, with a one click sign in.
The live map plots every individual ME2 4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.