# 3 bedroom semi-detached house for sale (ME2 2LL) ## Property Details | Key | Value | |-----|-------| | Address | 15 OAK ROAD, ROCHESTER, MEDWAY ME2 2LL | | Price | £330,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | TBC | | Construction age | England and Wales: 1950-1966 | | Floor area | 70 m² | | Last sold | £322,500 Jun 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** B - **Expiry date:** 15/07/2028 - **Current heating cost:** £691/year ### Recommendations - A (350) - A2 (1,500) - B (1,500) - W1 (1,200) - E (25) - I (3,000) - N (6,000) - U (8,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8868-6023-5830-8156-2996) ## 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. ## Property Photos - ![PHOTOGRAPHY](/listings/photos/133664297/399525) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399526) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399527) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399533) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399538) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399544) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399550) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399554) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399561) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399565) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399568) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399572) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399574) - PHOTOGRAPHY - ![PHOTOGRAPHY](/listings/photos/133664297/399579) - PHOTOGRAPHY ## Floorplans - ![FLOOR-PLAN](/listings/photos/133664297/399582) - FLOOR-PLAN ## EPC Graphs - ![EPC Rating Graph](/listings/photos/133664297/399584) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 15 OAK ROAD, ROCHESTER, MEDWAY, ME2 2LL | £322,500 | 28/06/2023 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £343,708 (36 Semi-detached, ME2, 2024–2026) - **Deviation:** -4% ## Rental Range *ONS Price Index of Private Rents (Medway). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,114/mo - **Realistic:** £1,238/mo - **Optimistic:** £1,362/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Medway & Swale (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £937/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.5% (weak for cashflow) - **Max investor price (0.8%):** £206,250 - **Target investor price (1%):** £165,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,650/mo).* - **Gross yield:** 6% - **Cost-to-rent:** 16.7× - **Monthly cashflow:** £160/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 2% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £4,714/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 6.8% - **10y growth:** 21.3% ## House Price Index (HM Land Registry) *Official index for Medway; Semi-detached series; as of March 2026.* - **1y growth (index):** 1.5% - **5y growth (index):** 18% - **10y growth (index):** 46.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)