29, RESOLUTION CLOSE, CHATHAM, ME5 7RJ - £170,000

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.

29 RESOLUTION CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £222,918. It was last sold for £170,000 in September 2016, which was around 17% below the average September 2016 terraced price in the Medway local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

29 RESOLUTION CLOSE Sold Prices

Land registry data shows one sale for 29 RESOLUTION CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 26 SEP	£170,000	£205,858	17% below HPI

What might 29 RESOLUTION CLOSE be worth now?

29 RESOLUTION CLOSE might now be worth an estimated £222,918.

This is based on house price inflation of 31.1%, between September 2016 and May 2026, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for 29 RESOLUTION CLOSE of £170,000 on 26th September 2016. For the value to have increased from £170,000 to £222,918 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 29 RESOLUTION CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 29 RESOLUTION CLOSE has not materially changed since September 2016.

How Large is 29 RESOLUTION CLOSE?

29 RESOLUTION CLOSE is 55m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses in Chatham, based on EPC data. The below chart shows the distribution of terraced houses by size in Chatham, and where 29 RESOLUTION CLOSE lies on this distribution: 9% of terraced houses are smaller than 29 RESOLUTION CLOSE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Chatham.

29 RESOLUTION CLOSE: Plot

29 RESOLUTION CLOSE sits on a plot of roughly 0.027 of an acre, or 108m².

Where is 29 RESOLUTION CLOSE?

29 RESOLUTION CLOSE is located in CHATHAM, in the ME5 postcode district.