Local market reports › ME area › ME2
Strood market report ME2, Rochester
The ME2 (Strood) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 21,564 completed sales registered with HM Land Registry in ME2 (Rochester) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in ME2 (Rochester) sold for £325,000 in 2026, the median of 191 registered sales, up 14% on five years earlier. The mean was £344,600, and by floor area homes here have averaged about £3,880 per square metre over the last five years. The figures cover 21,564 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
The postcode district ME2 covering Strood, Halling, Cuxton sits in Rochester. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where ME2 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
191 sales were registered in ME2 in 2026, and the middle one of them, the median, went for £325,000. The mean works out at £344,600, a little above it, the familiar pattern where pricier homes stretch the average.
Price per square metre in ME2
Averaged across five years of sales, floor space in ME2 costs about £3,880 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so ME2 trades 14% above the country as a whole.
ME2's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £325,000 | £325,000 | 191 |
| 2025 | £316,500 | £324,068 | 574 |
| 2024 | £318,000 | £338,099 | 523 |
| 2023 | £305,000 | £335,121 | 506 |
| 2022 | £320,000 | £375,237 | 599 |
| 2021 | £285,000 | £360,847 | 815 |
| 2020 | £269,000 | £349,033 | 536 |
| 2019 | £260,000 | £340,798 | 578 |
| 2018 | £255,000 | £339,920 | 684 |
| 2017 | £250,000 | £340,975 | 728 |
| 2016 | £236,000 | £330,166 | 760 |
| 2015 | £213,000 | £300,969 | 773 |
| 2014 | £181,000 | £256,780 | 737 |
| 2013 | £160,000 | £230,224 | 542 |
| 2012 | £150,000 | £220,781 | 449 |
| 2011 | £150,000 | £226,442 | 482 |
| 2010 | £152,500 | £239,159 | 463 |
| 2009 | £150,500 | £241,930 | 478 |
| 2008 | £162,000 | £265,552 | 474 |
| 2007 | £165,000 | £279,886 | 986 |
| 2006 | £143,500 | £249,098 | 857 |
| 2005 | £141,500 | £251,813 | 635 |
| 2004 | £140,000 | £254,267 | 885 |
| 2003 | £120,000 | £221,069 | 914 |
| 2002 | £102,000 | £191,912 | 877 |
| 2001 | £80,000 | £153,796 | 990 |
| 2000 | £73,000 | £143,263 | 901 |
| 1999 | £60,000 | £119,577 | 809 |
| 1998 | £55,000 | £111,021 | 780 |
| 1997 | £55,000 | £112,794 | 776 |
| 1996 | £49,000 | £103,339 | 673 |
| 1995 | £47,000 | £102,171 | 589 |
In cash terms the typical ME2 home went from £47,000 in 1995 to £325,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 218%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 13% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the ME2 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 (+27.5% on the year before); the weakest, 2009 (−7.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 45% of the typed total. A detached home currently trades at £543,000 against £178,500 for a flat, 3.0 times the price.
Median by property type, ME2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £543,000 | 27 | 2,754 |
| Semi-detached | £378,200 | 72 | 7,400 |
| Terraced | £285,000 | 78 | 9,693 |
| Flats | £178,500 | 14 | 1,717 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +2.7% | +0.3% |
| 5 years (since 2021) | +2.7% | −2.1% |
| 10 years (since 2016) | +3.3% | −0.2% |
| 20 years (since 2006) | +4.2% | +1.3% |
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
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
ME2 recorded 446 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 881 sales a year before the financial crisis and 479 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around ME2
The local authority for ME2 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.
Set against the £325,000 median sold price, £1,238 a month is £14,856 a year, a gross yield of 4.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on ME2 (Strood)
Are property prices falling in ME2 (Strood)?
Is ME2 (Strood) a good place to buy a house?
How much did a house sell for in ME2 (Strood)?
Where do ME2 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 14% over five years in cash but down 10% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
ME2's current homes for sale
Everything above is what homes in ME2 sold for. Turning to what is actually available: 5 homes on the market right now, from 3 agents publishing to HomesIndex, at a typical asking price 69% above the ME2 median sold price.
20% of what is on the market here is asking below what comparable homes actually sold for. 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 →
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.
What another bedroom costs in ME
The Land Registry record, split by size: what each kind of home actually sold for across the ME area. 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
ME2 ranks 3 of 20 in the ME area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the ME area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside ME2, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| ME2 1 | £430,000 | 29 |
| ME2 2 | £285,200 | 54 |
| ME2 3 | £350,000 | 70 |
| ME2 4 | £322,500 | 38 |
How ME2 compares nearby
Same city, different markets. The neighbouring districts of the ME area, dearest first:
| District | Median | 5-year |
|---|---|---|
| ME18 | £498,000 | +3% |
| ME19 | £440,000 | +1% |
| ME20 | £377,500 | +16% |
| ME3 | £375,000 | +8% |
| ME17 | £375,000 | -1% |
| ME16 | £352,000 | +7% |
| ME9 | £350,000 | +3% |
| ME15 | £338,000 | +4% |
| ME8 | £330,000 | +8% |
| ME2 (this report) | £325,000 | +14% |
| ME13 | £325,000 | -8% |
| ME14 | £323,800 | -3% |
| ME5 | £305,000 | +11% |
| ME1 | £302,800 | +7% |
| ME6 | £288,500 | +1% |
| ME12 | £285,000 | +6% |
| ME10 | £284,000 | +11% |
| ME7 | £268,500 | +9% |
| ME11 | £250,000 | +19% |
| ME4 | £249,500 | +4% |
Selling a home in ME2? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in ME2, use the average prices map for a rough value: zoom from ME2's shading down to the sold homes on your own street. The figures above are every recorded ME2 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim ME2.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to ME2. Free after a one click sign in.
Two maps carry on from here: every ME2 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.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.