71 Melbourne AvenueHouse Prices / East of England, Chelmsford, Melbourne Avenue, CM1 2DR
Key Building Insights
71 Melbourne Avenue is a residential building situated on Melbourne Avenue, Chelmsford, CM1 with 2 addresses.
It ranks as the 227th largest and 185th most expensive of the 579 buildings in the CM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
71 Melbourne Avenue is a residential building situated on Melbourne Avenue, Chelmsford, CM1 with 2 addresses.
It ranks as the 227th largest and 185th most expensive of the 579 buildings in the CM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 71 Melbourne Avenue
Sale prices range from £208,256 for 2 bedroom leasehold flats (710 ft2) to £209,629 for 2 bedroom leasehold flats (721 ft2) .
Monthly rental prices range from £1,221 pcm for 2 bed flats to £1,223 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.0%.
The average value per square foot is £292.
Sales Market Trendsin 71 Melbourne Avenue
The last sale in 71 Melbourne Avenue sold for £91,000 on 17th April 2003. Since then prices are down an average of 0.0%.
The current average value in the building is £208,943.
The 71 Melbourne Avenue Sales Market has increased by 10.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.2% | £208,943 |
| May 2025 | 1.1% | £211,486 |
| May 2024 | -1.9% | £209,280 |
| May 2023 | -0.1% | £213,271 |
| May 2022 | 5.2% | £213,430 |
| May 2021 | 2.1% | £202,792 |
| May 2020 | 1.4% | £198,629 |
| May 2019 | -1.7% | £195,876 |
| May 2018 | -0.4% | £199,359 |
| May 2017 | 5.7% | £200,126 |
| May 2016 | 12.4% | £189,341 |
| May 2015 | 9.6% | £168,475 |
| May 2014 | 8.8% | £153,687 |
| May 2013 | 0.3% | £141,275 |
| May 2012 | 0.1% | £140,814 |
| May 2011 | 0.3% | £140,711 |
| May 2010 | 6.1% | £140,334 |
| May 2009 | -12.6% | £132,210 |
| May 2008 | -1.9% | £151,304 |
| May 2007 | 0% | £154,249 |
Rental Market Trendsin 71 Melbourne Avenue
The current average rental value in the building is £1,222.
The 71 Melbourne Avenue Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £1,222pcm |
| May 2025 | 3.4% | £1,187pcm |
| May 2024 | 9.6% | £1,148pcm |
| May 2023 | 8.9% | £1,048pcm |
| May 2022 | 4.3% | £962pcm |
| May 2021 | 2.2% | £922pcm |
| May 2020 | 1.7% | £903pcm |
| May 2019 | 0.6% | £887pcm |
| May 2018 | -1.3% | £882pcm |
| May 2017 | 1.4% | £894pcm |
| May 2016 | 4.9% | £882pcm |
| May 2015 | 3.8% | £840pcm |
| May 2014 | 3.7% | £810pcm |
| May 2013 | 2.1% | £781pcm |
| May 2012 | 0.4% | £765pcm |
| May 2011 | 1.8% | £762pcm |
| May 2010 | 2.6% | £748pcm |
| May 2009 | -7.1% | £730pcm |
| May 2008 | 4.7% | £786pcm |
| May 2007 | 0% | £751pcm |
Explore Propertiesin 71, Melbourne Avenue, Chelmsford, CM1 2DR
Sales Historyin 71, Melbourne Avenue, Chelmsford, CM1 2DR
The last sale was on 17th April 2003 for £91,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
71, Melbourne Avenue, Chelmsford, CM1 2DR has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 71 Melbourne Avenue
- 2 mid-century flats built between 1936 and 1979
- mid-century flat (2)
Energy Efficiencyof properties in 71 Melbourne Avenue
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Melbourne Avenue, Chelmsford, CM1
Schools Nearby
- 500mLawford Mead Primary & Nursery
- 500mParkwood Academy
- 700mNewlands Spring Primary and Nursery School
- 1.1kmSt John Payne Catholic School, Chelmsford
- 1.5kmKing Edward VI Grammar School, Chelmsford
- 1.5kmChelmsford County High School for Girls
More reading links
Public Transport Nearby
The closest station to 71, Melbourne Avenue, Chelmsford, CM1 2DR is Chelmsford station, which is 2.0 kilometres away.
- 2.0kmChelmsford
- 5.1kmBeaulieu Park
- 10.0kmIngatestone
- 10.6kmHatfield Peverel
