Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60s could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £198,500 GUIDE PRIC...
Property Oracle says ..
The property is a 2 bedroom end of terrace house located on Binnacle Road in Rochester, Kent. The list price is £198,500. The property appears to be in good condition, with recently modernised bathrooms and kitchen. The images show a modern interior with updated fixtures and fittings. There is also a small garden to the rear of the property. The location is reasonably good. It is within a short distance of Rochester train station, providing convenient access to London and other areas. There are also several schools nearby, including The Thomas Aveling School and Warren Wood Primary Academy, both rated as ‘Good’ by Ofsted. Considering the average price per square foot in the area is £332, and this property is 408 sqft, one might expect a price closer to £135,000. However, the list price of £198,500 is significantly higher. This suggests that the property may be overpriced compared to similar properties in the area. Nearby properties on Binnacle Road have sold for significantly less, ranging from £132,500 to £140,000. While the property has been modernised, this does not fully justify the price difference.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 3
- Sqft (est)
- 408.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 328,564.00 £Increased by 9.70 %
- Est sale value
- 193,800.00 £Increased by 39.30 %
- Average area rental value
- 1,006.00 £/moDecreased by 27.10 %
- Est letting value
- 408.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.67 %Decreased by 33.63 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Thomas Aveling School | Academy Converter | Good | 0.21 KM |
| Warren Wood Primary Academy | Academy Sponsor Led | Good | 0.51 KM |
| Sir Joseph Williamson'S Mathematical School | Academy Converter | 0.61 KM | |
| The Rochester Grammar School | Academy Converter | 0.65 KM | |
| Delce Children'S Centre | Children's Centre | 0.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Anchor Road | £ 365,000 | 0 | 0.00 KM |
| Pennant Road | £ 0 | 0 | 0.00 KM |
| Leander Road | £ 0 | 0 | 0.00 KM |
| Frobisher Gardens | £ 0 | 0 | 0.00 KM |
| Downer Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rochester | 5203 | RTR | 2.41 KM |
| Chatham | 5199 | CTM | 2.71 KM |
| Strood (Kent) | 5191 | SOO | 3.44 KM |
| Cuxton | 5201 | CUX | 4.51 KM |
| Gillingham (Kent) | 5169 | GLM | 5.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Binnacle Road, Rochester, Kent | £ 300,000 | BUY | 6 / 10 | 0.00 KM |
| Binnacle Road, Rochester | £ 340,000 | BUY | 8 / 10 | 0.01 KM |
| Binnacle Road, Rochester, Kent, ME1 | £ 300,000 | BUY | 6 / 10 | 0.02 KM |
| The Tideway, Rochester, Kent | £ 325,000 | BUY | 6 / 10 | 0.12 KM |
| The Tideway, Rochester, Kent | £ 215,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 66 Binnacle Road | £ 136,250 | 0.01 KM |
| 22 Binnacle Road | £ 132,500 | 0.01 KM |
| 40 Binnacle Road | £ 171,500 | 0.01 KM |
| 42 Binnacle Road | £ 135,500 | 0.01 KM |
| 72 Binnacle Road | £ 140,000 | 0.01 KM |