Melbourne Parade - CM1 2DW
Key Street Insights
Melbourne Parade is a residential street with 14 addresses.
It ranks as the 229th largest and 8th most expensive of the 813 streets in the CM1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 14 properties: 14 flats.
- Ave. Sale Price
- £170,387
- 10 Year change
- up 7.8%
- Ave. Rental Price
- £979pcm
- 10 Year change
- up 37.5%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Street Insights
Melbourne Parade is a residential street with 14 addresses.
It ranks as the 229th largest and 8th most expensive of the 813 streets in the CM1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 14 properties: 14 flats.
- Ave. Sale Price
- £170,387
- 10 Year change
- up 7.8%
- Ave. Rental Price
- £979pcm
- 10 Year change
- up 37.5%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertieson Melbourne Parade, Chelmsford, CM1
- 4 Melbourne Parade
3 Bed Mid-century Flat
- 5 Melbourne Parade
2 Bed Mid-century Flat
- 6 Melbourne Parade
3 Bed Mid-century Flat
- 7 Melbourne Parade
2 Bed Mid-century Flat
- 12 Melbourne Parade
2 Bed Mid-century Flat
Sales Market Trends
The last sale on Melbourne Parade sold for £106,500 on 14th November 2011. Since then prices are up an average of 47.3%.
The current average value in the street is £170,387.
The Melbourne Parade Sales Market has increased by 7.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £170,387 |
| June 2025 | 0.7% | £174,524 |
| June 2024 | -1.6% | £173,334 |
| June 2023 | -0.6% | £176,146 |
| June 2022 | 5.1% | £177,261 |
| June 2021 | 2.2% | £168,673 |
| June 2020 | 1.3% | £164,983 |
| June 2019 | -1.3% | £162,790 |
| June 2018 | -0.8% | £164,883 |
| June 2017 | 5.2% | £166,240 |
| June 2016 | 12.1% | £158,053 |
| June 2015 | 9.7% | £140,991 |
| June 2014 | 8.8% | £128,523 |
| June 2013 | 0.7% | £118,095 |
| June 2012 | 0.6% | £117,270 |
| June 2011 | 0.3% | £116,533 |
| June 2010 | 5.9% | £116,209 |
| June 2009 | -11.9% | £109,700 |
| June 2008 | -3.5% | £124,522 |
| June 2007 | 0% | £129,067 |
Rental Market Trends
The current average rental value in the street is £979.
The Melbourne Parade Rental Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £979pcm |
| June 2025 | 3% | £955pcm |
| June 2024 | 8.9% | £928pcm |
| June 2023 | 9.5% | £852pcm |
| June 2022 | 4.3% | £778pcm |
| June 2021 | 2.2% | £746pcm |
| June 2020 | 1.7% | £730pcm |
| June 2019 | 1% | £718pcm |
| June 2018 | -0.9% | £711pcm |
| June 2017 | 0.8% | £717pcm |
| June 2016 | 4.2% | £712pcm |
| June 2015 | 4% | £683pcm |
| June 2014 | 3.5% | £656pcm |
| June 2013 | 2.1% | £634pcm |
| June 2012 | 0.6% | £621pcm |
| June 2011 | 1.8% | £617pcm |
| June 2010 | 3.5% | £606pcm |
| June 2009 | -7.8% | £586pcm |
| June 2008 | 4.4% | £636pcm |
| June 2007 | 0% | £609pcm |
Sales History
The last sale was on 14th November 2011 for £106,500 and since then the market in the area has increased by 47.3%. The street has had a total of 2 sales since 1995.
Melbourne Parade, Chelmsford, CM1 has seen no sales in the last three years and no sales in the last twelve months.
Nearby Streets
Melbourne Parade, Chelmsford, CM1 is the 229th largest and the 8th most expensive street in the CM1 area.
- Landers Court, Chelmsford, CM123 Addresses|42 m away
- Spalding Avenue, Chelmsford, CM134 Addresses|67 m away
- Melbourne Avenue, Chelmsford, CM1166 Addresses|91 m away
- Arnhem Road, Chelmsford, CM156 Addresses|99 m away
- Taylor Avenue, Chelmsford, CM126 Addresses|127 m away
- Cowell Avenue, Chelmsford, CM116 Addresses|178 m away
Property Types
- 1 modern flat built after 1980
- 9 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- modern flat (1)
- mid-century flat (9)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (4)
Schools Nearby
- Parkwood Academy200 m away
- St Pius X Catholic Primary School500 m away
- Kings Road Primary School700 m away
- St John Payne Catholic School, Chelmsford800 m away
- Chelmsford County High School for Girls1.2 km away
- King Edward VI Grammar School, Chelmsford1.3 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Parade, Chelmsford, CM1 - CM1 2DW is Chelmsford station, which is 1.8 kilometres away.
- Chelmsford|1.8 km away
- Beaulieu Park|4.7 km away
- Hatfield Peverel|10.2 km away
