Medway Close - CM1 2LH
Key Street Insights
Medway Close is a residential street with 30 addresses.
It ranks as the 445th largest and 92nd 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 30 properties: 14 houses and 16 flats.
- Ave. Sale Price
- £297,155
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £1,498pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £346/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Medway Close is a residential street with 30 addresses.
It ranks as the 445th largest and 92nd 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 30 properties: 14 houses and 16 flats.
- Ave. Sale Price
- £297,155
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £1,498pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £346/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertieson Medway Close, Chelmsford, CM1
- 1 Medway Close
3 Bed Mid-century House
- 2 Medway Close
3 Bed Mid-century House
- 3 Medway Close
3 Bed Mid-century House
- 4 Medway Close
3 Bed Mid-century House
- 5 Medway Close
3 Bed House
Sales Market Trends
The last sale on Medway Close sold for £365,000 on 26th September 2025. Since then prices are down an average of 0.7%.
The current average value in the street is £297,155.
The Medway Close Sales Market has increased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £297,155 |
| June 2025 | 1.5% | £302,939 |
| June 2024 | -1.8% | £298,459 |
| June 2023 | -0.1% | £303,911 |
| June 2022 | 6.3% | £304,093 |
| June 2021 | 4.5% | £286,149 |
| June 2020 | 1.6% | £273,939 |
| June 2019 | -0.9% | £269,661 |
| June 2018 | -0.2% | £272,025 |
| June 2017 | 5.8% | £272,557 |
| June 2016 | 11.9% | £257,559 |
| June 2015 | 9.7% | £230,128 |
| June 2014 | 9.3% | £209,798 |
| June 2013 | 0.8% | £191,930 |
| June 2012 | 0.9% | £190,373 |
| June 2011 | 1% | £188,718 |
| June 2010 | 7.5% | £186,826 |
| June 2009 | -10.8% | £173,770 |
| June 2008 | -3.1% | £194,807 |
| June 2007 | 0% | £200,945 |
Rental Market Trends
The current average rental value in the street is £1,498.
The Medway Close Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,498pcm |
| June 2025 | 4% | £1,454pcm |
| June 2024 | 8.6% | £1,399pcm |
| June 2023 | 10.3% | £1,289pcm |
| June 2022 | 5.4% | £1,169pcm |
| June 2021 | 4.5% | £1,109pcm |
| June 2020 | 1.9% | £1,061pcm |
| June 2019 | 1.3% | £1,041pcm |
| June 2018 | -0.3% | £1,028pcm |
| June 2017 | 1.6% | £1,031pcm |
| June 2016 | 4.1% | £1,015pcm |
| June 2015 | 4% | £975pcm |
| June 2014 | 3.9% | £937pcm |
| June 2013 | 2.1% | £902pcm |
| June 2012 | 0.9% | £883pcm |
| June 2011 | 2.7% | £875pcm |
| June 2010 | 5.1% | £852pcm |
| June 2009 | -6.7% | £811pcm |
| June 2008 | 4.6% | £869pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 26th September 2025 for £365,000 and since then the market in the area has decreased by 0.7%. The street has had a total of 41 sales since 1995.
Medway Close, Chelmsford, CM1 has seen 5 sales in the last three years and 2 sales in the last twelve months.
- Sold Sep 2025£365,000 | 3 Bed House28, Medway Close, Chelmsford, CM1 2LH28, Medway Close, Chelmsford, CM1 2LH
- Sold Aug 2025£240,000 | 2 Bed Flat18, Medway Close, Chelmsford, CM1 2LH18, Medway Close, Chelmsford, CM1 2LH
- Sold Jul 2024£420,000 | 3 Bed House26, Medway Close, Chelmsford, CM1 2LH26, Medway Close, Chelmsford, CM1 2LH
- Sold Jul 2024£425,000 | 3 Bed House7, Medway Close, Chelmsford, CM1 2LH7, Medway Close, Chelmsford, CM1 2LH
- Sold Nov 2023£226,600 | 2 Bed Flat23, Medway Close, Chelmsford, CM1 2LH23, Medway Close, Chelmsford, CM1 2LH
Top 3 Most Expensive Sales
- Sold Jul 2024£425,000 | 3 Bed House7, Medway Close, Chelmsford, CM1 2LH7, Medway Close, Chelmsford, CM1 2LH
- Sold Jul 2024£420,000 | 3 Bed House26, Medway Close, Chelmsford, CM1 2LH26, Medway Close, Chelmsford, CM1 2LH
- Sold Sep 2025£365,000 | 3 Bed House28, Medway Close, Chelmsford, CM1 2LH28, Medway Close, Chelmsford, CM1 2LH
Nearby Streets
Medway Close, Chelmsford, CM1 is the 445th largest and the 92nd most expensive street in the CM1 area.
- Roxwell Road, Writtle, Chelmsford, CM1124 Addresses|118 m away
- Skreens Court, Chelmsford, CM114 Addresses|143 m away
- St. James Park, Chelmsford, CM131 Addresses|173 m away
- Sunningdale Road, Chelmsford, CM142 Addresses|242 m away
- Cliveden Close, Chelmsford, CM112 Addresses|278 m away
- Roxwell Avenue, Chelmsford, CM164 Addresses|295 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 15 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 1 early-century flat built between 1912 and 1935
- 1 other address of unknown type
- mid-century house (11)
- mid-century flat (15)
- house (1)
- early-century house (1)
- early-century flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (18)
- G (0)
- D (8)
- No EPC (2)
Schools Nearby
- Lawford Mead Primary & Nursery600 m away
- Westlands Community Primary School900 m away
- Parkwood Academy1.2 km away
- Hylands School1.4 km away
- King Edward VI Grammar School, Chelmsford1.5 km away
- Chelmsford County High School for Girls1.7 km away
More reading links
Public Transport Nearby
The closest station to Medway Close, Chelmsford, CM1 - CM1 2LH is Chelmsford station, which is 1.8 kilometres away.
- Chelmsford|1.8 km away
- Beaulieu Park|5.5 km away
- Ingatestone|9.3 km away
