Binnacle Road, Rochester, Kent
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Binnacle Road, Rochester, Kent

By Homewise

£ 198,500

Reviews

2 out of 5 stars

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 %
from 299,516.00 £
Est sale value
193,800.00 £
Increased by 39.30 %
from 139,128.00 £
Average area rental value
1,006.00 £/mo
Decreased by 27.10 %
from 1,380.00 £/mo
Est letting value
408.00 £/mo
Unchanged by 0.00 %
from 408.00 £/mo
Est rental Yield
3.67 %
Decreased by 33.63 %
from 5.53 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
The Thomas Aveling SchoolAcademy ConverterGood0.21 KM
Warren Wood Primary AcademyAcademy Sponsor LedGood0.51 KM
Sir Joseph Williamson'S Mathematical SchoolAcademy Converter0.61 KM
The Rochester Grammar SchoolAcademy Converter0.65 KM
Delce Children'S CentreChildren's Centre0.66 KM

Images

External Web Lounge Bathroom En-Suite Shower Room En-Suite Shower Room Rear Garden Kitchen /Diner Lounge Bedroom 1 Bedroom 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Anchor Road £ 365,00000.00 KM
Pennant Road £ 000.00 KM
Leander Road £ 000.00 KM
Frobisher Gardens £ 000.00 KM
Downer Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Rochester5203RTR2.41 KM
Chatham5199CTM2.71 KM
Strood (Kent)5191SOO3.44 KM
Cuxton5201CUX4.51 KM
Gillingham (Kent)5169GLM5.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Binnacle Road, Rochester, Kent £ 300,000BUY6 / 100.00 KM
Binnacle Road, Rochester £ 340,000BUY8 / 100.01 KM
Binnacle Road, Rochester, Kent, ME1 £ 300,000BUY6 / 100.02 KM
The Tideway, Rochester, Kent £ 325,000BUY6 / 100.12 KM
The Tideway, Rochester, Kent £ 215,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
66 Binnacle Road £ 136,2500.01 KM
22 Binnacle Road £ 132,5000.01 KM
40 Binnacle Road £ 171,5000.01 KM
42 Binnacle Road £ 135,5000.01 KM
72 Binnacle Road £ 140,0000.01 KM