2, MILL CLOSE, ROCHESTER, ME2 3DA - £79,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MILL CLOSE is a very large extended terraced house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £389,016. It was last sold for £79,000 in September 1999, which was around 43% above the average September 1999 terraced price in the Medway local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

2 MILL CLOSE Sold Prices

Land registry data shows one sale for 2 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 17 SEP	£79,000	£55,197	43% above HPI

What might 2 MILL CLOSE be worth now?

2 MILL CLOSE might now be worth an estimated £389,016.

This is based on house price inflation of 392.4%, between September 1999 and April 2026, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 392.4% inflationary increase is applied to the most recent sale price for 2 MILL CLOSE of £79,000 on 17th September 1999. For the value to have increased from £79,000 to £389,016 over the 27 years and five months to April 2026, the following assumptions must hold true:

• The value of 2 MILL CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 1999 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL CLOSE has not materially changed since September 1999.

How Large is 2 MILL CLOSE?

2 MILL CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of terraced houses in Rochester, based on EPC data. The below chart shows the distribution of terraced houses by size in Rochester, and where 2 MILL CLOSE lies on this distribution: 88% of terraced houses are smaller than 2 MILL CLOSE, and 11% of terraced houses are larger. Note that EPC data is not available for all properties in Rochester.

2 MILL CLOSE: Plot

2 MILL CLOSE sits on a plot of roughly 0.095 of an acre, or 383m².

Where is 2 MILL CLOSE?

2 MILL CLOSE is located in ROCHESTER, in the ME2 postcode district.