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Cromar Way is a residential street with 41 addresses.
It ranks as the 543rd largest and 53rd most expensive of the 813 streets in the CM1 area.
The street contains a total of 41 properties: 1 house and 40 flats.
Cromar Way is a residential street with 41 addresses.
It ranks as the 543rd largest and 53rd most expensive of the 813 streets in the CM1 area.
The street contains a total of 41 properties: 1 house and 40 flats.
Sale prices range from £212,391 for 2 bedroom leasehold flats (559 ft2) to £570,999 for 5 bedroom freehold houses with a garden (2,140 ft2) .
Monthly rental prices range from £1,186 pcm for 2 bed flats to £2,524 pcm for 5 bed houses.
The gross rental yield is between 5.3% and 6.7%.
The average value per square foot is £379.
The last sale on Cromar Way sold for £472,937 on 27th June 2008. Since then prices are up an average of 37.3%.
The current average value in the street is £221,137.
The Cromar Way Sales Market has increased by 14.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £221,137 |
| May 2025 | 0.9% | £223,569 |
| May 2024 | -1.9% | £221,626 |
| May 2023 | -0.1% | £225,910 |
| May 2022 | 6.5% | £226,228 |
| May 2021 | 3.5% | £212,332 |
| May 2020 | 1% | £205,248 |
| May 2019 | -0.5% | £203,181 |
| May 2018 | 0.1% | £204,102 |
| May 2017 | 5.3% | £203,970 |
| May 2016 | 11.7% | £193,741 |
| May 2015 | 9.9% | £173,439 |
| May 2014 | 9.1% | £157,832 |
| May 2013 | 0.6% | £144,647 |
| May 2012 | 0.8% | £143,800 |
| May 2011 | 0.1% | £142,680 |
| May 2010 | 7% | £142,518 |
| May 2009 | -11.2% | £133,164 |
| May 2008 | -0.9% | £149,978 |
| May 2007 | 0% | £151,388 |
The current average rental value in the street is £1,219.
The Cromar Way Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,219pcm |
| May 2025 | 3.9% | £1,181pcm |
| May 2024 | 9.1% | £1,136pcm |
| May 2023 | 9.7% | £1,042pcm |
| May 2022 | 5% | £950pcm |
| May 2021 | 3.7% | £905pcm |
| May 2020 | 1.7% | £872pcm |
| May 2019 | 1.3% | £858pcm |
| May 2018 | -0.9% | £847pcm |
| May 2017 | 1.9% | £855pcm |
| May 2016 | 4.4% | £839pcm |
| May 2015 | 3.9% | £804pcm |
| May 2014 | 3.9% | £774pcm |
| May 2013 | 2.1% | £745pcm |
| May 2012 | 1.1% | £730pcm |
| May 2011 | 2.8% | £722pcm |
| May 2010 | 3.9% | £702pcm |
| May 2009 | -6.5% | £676pcm |
| May 2008 | 5.1% | £723pcm |
| May 2007 | 0% | £688pcm |
The last sale was on 27th June 2008 for £472,937 and since then the market in the area has increased by 37.3%. The street has had a total of 1 sales since 1995.
Cromar Way, Chelmsford, CM1 has seen no sales in the last three years and no sales in the last twelve months.
Cromar Way, Chelmsford, CM1 is the 543rd largest and the 53rd most expensive street in the CM1 area.
There are 2 postcodes on Cromar Way, Chelmsford, CM1.
The closest station to Cromar Way, Chelmsford, CM1 is Chelmsford station which is 1.1 kilometres away.
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