40 Resolution Close

    40, RESOLUTION CLOSE, CHATHAM, ME5 7RJ

    This terraced freehold property on Resolution Close last sold in January 2022 for £245,000. Based on price growth in the ME5 district since then, its estimated current value is £246,869 — placing it in the 37th percentile nationally and the 19th percentile within ME5. The property covers 72 m² (775 sq ft), giving an estimated value of £3,429 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £245,000

    Jan 2022

    Estimated Valuation

    £246,869

    Est. £/sq ft

    £319/sq ft

    £3,429/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jan 2022

    £245,000

    Key Metrics

    Estimated valuation£246,869
    Value per sq ft / m²£319/sq ft (£3,429/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile19th percentile
    National percentile37th percentile

    District Context — ME5

    ME5 covers parts of the Medway Towns area in Kent, situated in the south-east of England. It is a mixed residential district with a blend of suburban neighbourhoods and established communities.

    Average Property Price - ME5

    £327,490

    51

    National percentile

    Average Net Household Income - ME5

    £40,234

    59

    National percentile

    10-Year Annualised Price Growth - ME5

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME5

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