Typical Service Charge in Your Area
Serivce charge data base algorithm:
Part 1 - target number of data points:
-most similar 10 buildings, e.g., those that fit within the right band and are close
-Therefore cut all those that are in the right band and then find the 10 most local
//Get data from url - postcode and units
//Get the lat/long from the postcode
//Pull in the datbase from the cust_service_charges db
//Take out those that are too big or too small
//Work out the 10 closest block and pull them into a new array - postcode, units, distance from target block, service charge total, service charge per block
Number of Buildings Compared: 10
Building Sizes: 5 to 25
Building Sizes: 5 to 25
Highest Service Charge:
£22,000
£22,000
Median Service Charge:
£2,328
£2,328
Difference From Your Building:
£-2,328
£-2,328
Average Break-down per Category
The top 5 costs for a typical building and the average charges across the building
Repairs and Maintenance
£5,643
Management Fees
£3,296
Insurance
£2,458
Energy
£2,235
Accountancy
£1,397
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