Sold STC Semi-detached

15 OAK ROAD

ROCHESTER, MEDWAY ME2 2LL

3 beds 2 baths 753 sq ft Listed 15 Apr 2023 (-1169d)

£330,000

Guide Price

Save
PHOTOGRAPHY

PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHY

/ 14

Property details

Tenure

FREEHOLD

Floor area

70 m²

Council tax band

TBC

EPC rating

E

Year built

England and Wales: 1950-1966

Last sold

£322,500 Jun 2023

Price per m²

£4,714/m²

Local average

£343,708 (-4%)

Deprivation

Decile 2 (4,618 of 33,755)

Street crime

207 incidents within 1 mile (Apr 2026)

Additional details

Parking
Yes
Garden
Yes

Description

Guide Price £330,000 to £350,000
Offered with no onward chain is this three bedroom semi-detached family home. Situated in a popular location with off road parking this is a must view property.
The property consist of an entrance hall, large sitting room, Kitchen diner with access to the rear garden. To the first flor are three double bedrooms.

Listed by

Strood

Countrywide UK Sales - Connells

Reference: 133664297

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 16/07/2018

Expiry date: 15/07/2028

Current heating cost: £691/year

Potential heating cost: £412/year

Recommendations

  • Increase loft insulation to 270 mm (350)
  • Flat roof or sloping ceiling insulation (1,500)
  • Cavity wall insulation (1,500)
  • Floor insulation (suspended floor) (1,200)
  • Low energy lighting for all fixed outlets (25)
  • Replace boiler with new condensing boiler (3,000)
  • Solar water heating (6,000)
  • Solar photovoltaic panels, 2.5 kWp (8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 28/06/2023 (2 years ago) £322,500 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
121 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2JP £330,000 03/10/2025 Semi-detached
54 LILAC ROAD, ROCHESTER, MEDWAY, ME2 2LF £305,000 08/08/2025 Semi-detached
Same street 3 OAK ROAD, ROCHESTER, MEDWAY, ME2 2LL £342,000 17/11/2023 Semi-detached
124 HAWTHORN ROAD, ROCHESTER, MEDWAY, ME2 2HR £300,000 22/09/2023 Semi-detached
137 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2JP £295,500 21/09/2023 Semi-detached
139 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2JP £300,000 03/07/2023 Semi-detached
52 LABURNUM ROAD, ROCHESTER, MEDWAY, ME2 2JZ £286,500 18/04/2023 Semi-detached
23 LILAC ROAD, ROCHESTER, MEDWAY, ME2 2LE £275,000 31/03/2023 Semi-detached
2 MAPLE ROAD, ROCHESTER, MEDWAY, ME2 2HY £262,000 13/12/2022 Semi-detached
21 HOLLY ROAD, ROCHESTER, MEDWAY, ME2 2JS £320,000 07/12/2022 Semi-detached
112 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2JR £365,000 09/11/2022 Semi-detached
122 HAWTHORN ROAD, ROCHESTER, MEDWAY, ME2 2HR £270,000 14/10/2022 Semi-detached
31 HOLLY ROAD, ROCHESTER, MEDWAY, ME2 2JT £280,000 30/09/2022 Semi-detached
197 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2LJ £325,000 22/08/2022 Semi-detached
4 LABURNUM ROAD, ROCHESTER, MEDWAY, ME2 2JZ £412,000 19/08/2022 Semi-detached
90 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2JP £325,000 12/08/2022 Semi-detached
199 HAWTHORN ROAD, ROCHESTER, MEDWAY, ME2 2HT £290,000 10/08/2022 Semi-detached
77 HAWTHORN ROAD, ROCHESTER, MEDWAY, ME2 2HP £280,000 24/06/2022 Semi-detached
5 LILAC CRESCENT, ROCHESTER, MEDWAY, ME2 2LG £325,000 30/05/2022 Semi-detached
72 CEDAR ROAD, ROCHESTER, MEDWAY, ME2 2JP £305,000 29/04/2022 Semi-detached
79 LILAC ROAD, ROCHESTER, MEDWAY, ME2 2LF £285,000 13/04/2022 Semi-detached
Same street 9 OAK ROAD, ROCHESTER, MEDWAY, ME2 2LL £310,000 11/02/2022 Semi-detached

Street average: £326,000 (2 sales)

Area average: £306,800 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 6.8%
10y growth 21.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Medway. Series: Semi-detached. As of March 2026.

1y (index) 1.5%
5y (index) 18%
10y (index) 46.3%

Rental Range

Estimated market rent for Medway. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,114/mo
Realistic £1,238/mo
Optimistic £1,362/mo

Based on Local Authority from postcode lookup → Medway.

LHA (30th percentile) floor for Medway & Swale: £937/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View ME2 2LL

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Holly Road 0.1 miles
Bus stop Cedar School 0.1 miles
Shop Tesco Express 0.1 miles
Shop Unknown 0.1 miles
Train station Strood 1.2 miles
Train station Cuxton 1.3 miles
University Unknown 1.8 miles
University University of Kent - Medway Campus 2.6 miles
Hospital Medway Maritime Hospital 3.0 miles
Hospital Unknown 4.0 miles

Street-level crime

Category Count
Violence and sexual offences 67
Anti-social behaviour 43
Shoplifting 22
Criminal damage and arson 20
Other theft 20
Other crime 14
Public order 7
Vehicle crime 6
Burglary 4
Drugs 1
Possession of weapons 1
Robbery 1
Theft from the person 1
Total incidents 207

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cedar Children's Academy Primary 0.1 miles Good — 2 Jun 2019
Elaine Primary School Primary 0.2 miles Good — 20 Nov 2022
FORWARD2 EMPLOYMENT LIMITED Other 0.5 miles — (No rating)
Strood Academy Secondary 0.6 miles Good — 18 Jul 2013
Bligh Primary School (Juniors) Primary 0.6 miles Good — 14 Sep 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Beech Road, ME2 £1,650/mo 3 0.24 miles OpenRent

Average rent: £1,650/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%
Max investor price (0.8%) £206,250
Target investor price (1%) £165,000
Gross yield 6%
Cost-to-rent ratio 16.7×
Monthly cashflow £160/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).