1 Resolution Close

    1, RESOLUTION CLOSE, CHATHAM, ME5 7RJ

    This terraced freehold property on Resolution Close last sold in January 2023 for £188,500. Based on price growth in the ME5 district since then, its estimated current value is £194,289 — placing it in the 23rd percentile nationally and the 9th percentile within ME5. The property covers 45 m² (484 sq ft), giving an estimated value of £4,318 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £188,500

    Jan 2023

    Estimated Valuation

    £194,289

    Est. £/sq ft

    £401/sq ft

    £4,318/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateDec 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2023

    £188,500

    12 Oct 2004

    £102,500

    15 Mar 1996

    £28,000

    Key Metrics

    Estimated valuation£194,289
    Value per sq ft / m²£401/sq ft (£4,318/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME5 district percentile9th percentile
    National percentile23rd 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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