Murchison Close - CM1 2ER
Key Street Insights
Murchison Close is a residential street with 35 addresses.
It ranks as the 500th largest and 35th most expensive of the 813 streets in the CM1 area. The most common property type is a modern flat built after 1980.
The street contains a total of 35 properties: 2 houses and 33 flats.
- Ave. Sale Price
- £205,908
- 10 Year change
- up 13.6%
- Ave. Rental Price
- £1,181pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Street Insights
Murchison Close is a residential street with 35 addresses.
It ranks as the 500th largest and 35th most expensive of the 813 streets in the CM1 area. The most common property type is a modern flat built after 1980.
The street contains a total of 35 properties: 2 houses and 33 flats.
- Ave. Sale Price
- £205,908
- 10 Year change
- up 13.6%
- Ave. Rental Price
- £1,181pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertieson Murchison Close, Chelmsford, CM1
- 1 Murchison Close
2 Bed Mid-century Flat
- 2 Murchison Close
2 Bed Mid-century Flat
- 3 Murchison Close
2 Bed Mid-century Flat
- 4 Murchison Close
2 Bed Mid-century Flat
- 5 Murchison Close
2 Bed Mid-century Flat
Sales Market Trends
The last sale on Murchison Close sold for £215,000 on 16th May 2024. Since then prices are down an average of 1.2%.
The current average value in the street is £205,908.
The Murchison Close Sales Market has increased by 13.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £205,908 |
| June 2025 | 1.4% | £209,907 |
| June 2024 | -1.6% | £207,108 |
| June 2023 | -0.4% | £210,458 |
| June 2022 | 6.2% | £211,313 |
| June 2021 | 4% | £199,054 |
| June 2020 | 1.5% | £191,375 |
| June 2019 | -1.1% | £188,620 |
| June 2018 | -0.3% | £190,655 |
| June 2017 | 5.5% | £191,240 |
| June 2016 | 12.4% | £181,292 |
| June 2015 | 10.1% | £161,338 |
| June 2014 | 9.4% | £146,471 |
| June 2013 | 0.8% | £133,907 |
| June 2012 | 0.7% | £132,817 |
| June 2011 | 0.8% | £131,837 |
| June 2010 | 7% | £130,750 |
| June 2009 | -11.1% | £122,141 |
| June 2008 | -3.2% | £137,423 |
| June 2007 | 0% | £142,023 |
Rental Market Trends
The current average rental value in the street is £1,181.
The Murchison Close Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,181pcm |
| June 2025 | 3.8% | £1,146pcm |
| June 2024 | 8.8% | £1,104pcm |
| June 2023 | 9.9% | £1,015pcm |
| June 2022 | 5.3% | £924pcm |
| June 2021 | 4% | £877pcm |
| June 2020 | 1.8% | £843pcm |
| June 2019 | 1.1% | £828pcm |
| June 2018 | -0.4% | £820pcm |
| June 2017 | 1.3% | £823pcm |
| June 2016 | 4.5% | £812pcm |
| June 2015 | 4.5% | £777pcm |
| June 2014 | 4% | £744pcm |
| June 2013 | 2.2% | £715pcm |
| June 2012 | 0.7% | £700pcm |
| June 2011 | 2.6% | £695pcm |
| June 2010 | 4.6% | £678pcm |
| June 2009 | -7.1% | £648pcm |
| June 2008 | 4.4% | £697pcm |
| June 2007 | 0% | £668pcm |
Sales History
The last sale was on 16th May 2024 for £215,000 and since then the market in the area has decreased by 1.2%. The street has had a total of 22 sales since 1995.
Murchison Close, Chelmsford, CM1 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£215,000 | 2 Bed Flat21, Murchison Close, Chelmsford, CM1 2ER21, Murchison Close, Chelmsford, CM1 2ER
- Sold Jan 2023£215,000 | 2 Bed Flat20, Murchison Close, Chelmsford, CM1 2ER20, Murchison Close, Chelmsford, CM1 2ER
- Sold Aug 2022£220,000 | 2 Bed Flat18, Murchison Close, Chelmsford, CM1 2ER18, Murchison Close, Chelmsford, CM1 2ER
- Sold Feb 2021£200,000 | 2 Bed Flat19, Murchison Close, Chelmsford, CM1 2ER19, Murchison Close, Chelmsford, CM1 2ER
- Sold Nov 2017£212,500 | 2 Bed Flat18, Murchison Close, Chelmsford, CM1 2ER18, Murchison Close, Chelmsford, CM1 2ER
Top 3 Most Expensive Sales
- Sold Aug 2022£220,000 | 2 Bed Flat18, Murchison Close, Chelmsford, CM1 2ER18, Murchison Close, Chelmsford, CM1 2ER
- Sold Jan 2023£215,000 | 2 Bed Flat20, Murchison Close, Chelmsford, CM1 2ER20, Murchison Close, Chelmsford, CM1 2ER
- Sold May 2024£215,000 | 2 Bed Flat21, Murchison Close, Chelmsford, CM1 2ER21, Murchison Close, Chelmsford, CM1 2ER
Nearby Streets
Murchison Close, Chelmsford, CM1 is the 500th largest and the 35th most expensive street in the CM1 area.
- Hobart Close, Chelmsford, CM149 Addresses|76 m away
- Canberra Close, Chelmsford, CM133 Addresses|95 m away
- Napier Court, Chelmsford, CM150 Addresses|111 m away
- Albany Close, Chelmsford, CM115 Addresses|132 m away
- Derwent Court, Chelmsford, CM132 Addresses|136 m away
- Queensland Crescent, Chelmsford, CM175 Addresses|144 m away
Property Types
- 2 modern houses built after 1980
- 23 modern flats built after 1980
- 10 mid-century flats built between 1936 and 1979
- modern house (2)
- modern flat (23)
- mid-century flat (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (7)
- F (0)
- C (24)
- G (0)
- D (4)
- No EPC (0)
Schools Nearby
- Parkwood Academy500 m away
- Lawford Mead Primary & Nursery600 m away
- Kings Road Primary School800 m away
- St John Payne Catholic School, Chelmsford1.1 km away
- King Edward VI Grammar School, Chelmsford1.3 km away
- Chelmsford County High School for Girls1.3 km away
More reading links
Public Transport Nearby
The closest station to Murchison Close, Chelmsford, CM1 - CM1 2ER is Chelmsford station, which is 1.8 kilometres away.
- Chelmsford|1.8 km away
- Beaulieu Park|5.0 km away
- Ingatestone|9.9 km away
