FLAT 3, 7, SOUTHFIELDS, ROCHESTER, ME1 3EB - £68,000

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.

FLAT 3 7 SOUTHFIELDS is a small flat of 47m², built sometime between 1900 and 1929, which could now be worth an estimated £111,227. It was last sold for £68,000 in December 2009, which was around 33% below the average December 2009 flat price in the Medway local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was D.

FLAT 3 7 SOUTHFIELDS Sold Prices

Land registry data shows two sales for FLAT 3 7 SOUTHFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Medway local authority area for the corresponding sale date. Both of the two FLAT 3 7 SOUTHFIELDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 18 DEC	£68,000	£101,674	33% below HPI
1999 23 JUL	£33,500	£40,531	17% below HPI

What might FLAT 3 7 SOUTHFIELDS be worth now?

FLAT 3 7 SOUTHFIELDS might now be worth an estimated £111,227.

This is based on house price inflation of 63.6%, between December 2009 and May 2026, for flats, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.6% inflationary increase is applied to the most recent sale price for FLAT 3 7 SOUTHFIELDS of £68,000 on 18th December 2009. For the value to have increased from £68,000 to £111,227 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of FLAT 3 7 SOUTHFIELDS has moved in line with the HPI for flats in the Medway local authority area.
• The December 2009 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 7 SOUTHFIELDS has not materially changed since December 2009.

How Large is FLAT 3 7 SOUTHFIELDS?

FLAT 3 7 SOUTHFIELDS is 47m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of flats in Rochester, based on EPC data. 21% of flats are smaller than FLAT 3 7 SOUTHFIELDS, and 76% of flats are larger. Note that EPC data is not available for all properties in Rochester.

FLAT 3 7 SOUTHFIELDS: Plot

FLAT 3 7 SOUTHFIELDS sits on a plot of roughly 0.104 of an acre, or 421m².

Where is FLAT 3 7 SOUTHFIELDS?

FLAT 3, 7 SOUTHFIELDS is located in ROCHESTER, in the ME1 postcode district.