41, RESOLUTION CLOSE, CHATHAM, ME5 7RJ - £41,995

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.

41 RESOLUTION CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £229,907. It was last sold for £41,995 in June 1998, which was around 15% below the average June 1998 terraced price in the Medway local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

41 RESOLUTION CLOSE Sold Prices

Land registry data shows one sale for 41 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
1998 26 JUN	£41,995	£49,307	15% below HPI

What might 41 RESOLUTION CLOSE be worth now?

41 RESOLUTION CLOSE might now be worth an estimated £229,907.

This is based on house price inflation of 447.5%, between June 1998 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 447.5% inflationary increase is applied to the most recent sale price for 41 RESOLUTION CLOSE of £41,995 on 26th June 1998. For the value to have increased from £41,995 to £229,907 over the 28 years and one month to May 2026, the following assumptions must hold true:

• The value of 41 RESOLUTION CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The June 1998 sale price of £41,995 represented a fair market value for the property.
• The size, condition, and specification of 41 RESOLUTION CLOSE has not materially changed since June 1998.

How Large is 41 RESOLUTION CLOSE?

41 RESOLUTION CLOSE is 54m² according to the EPC inspection conducted in August 2009. 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 41 RESOLUTION CLOSE lies on this distribution: 8% of terraced houses are smaller than 41 RESOLUTION CLOSE, and 91% of terraced houses are larger. Note that EPC data is not available for all properties in Chatham.

41 RESOLUTION CLOSE: Plot

41 RESOLUTION CLOSE sits on a plot of roughly 0.038 of an acre, or 155m².

Where is 41 RESOLUTION CLOSE?

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