Melbourne Parade - CM1 2DW
Key Street Insights
Melbourne Parade is a residential street with 14 addresses.
It ranks as the 228th largest and 7th most expensive of the 812 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: 10 flats and 4 other properties.
- Ave. Sale Price
- £160,739
- 10 Year change
- up 7.3%
- Ave. Rental Price
- £953pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £188/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Street Insights
Melbourne Parade is a residential street with 14 addresses.
It ranks as the 228th largest and 7th most expensive of the 812 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: 10 flats and 4 other properties.
- Ave. Sale Price
- £160,739
- 10 Year change
- up 7.3%
- Ave. Rental Price
- £953pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £188/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Properties on 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 47.5%.
The current average value in the street is £160,739.
The Melbourne Parade Sales Market has increased by 7.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.9% | £160,739 |
| July 2025 | 0.1% | £163,862 |
| July 2024 | -1.1% | £163,669 |
| July 2023 | -1.4% | £165,436 |
| July 2022 | 5.5% | £167,778 |
| July 2021 | 2.3% | £158,964 |
| July 2020 | 1.1% | £155,356 |
| July 2019 | -0.9% | £153,602 |
| July 2018 | -1.2% | £154,931 |
| July 2017 | 4.6% | £156,789 |
| July 2016 | 11.3% | £149,871 |
| July 2015 | 10.1% | £134,602 |
| July 2014 | 9.4% | £122,207 |
| July 2013 | 1.2% | £111,698 |
| July 2012 | 0.8% | £110,403 |
| July 2011 | -0.2% | £109,549 |
| July 2010 | 5.8% | £109,788 |
| July 2009 | -10.2% | £103,787 |
| July 2008 | -5.8% | £115,561 |
| July 2007 | 0% | £122,731 |
Rental Market Trends
The current average rental value in the street is £953.
The Melbourne Parade Rental Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3% | £953pcm |
| July 2025 | 2.5% | £926pcm |
| July 2024 | 8.2% | £903pcm |
| July 2023 | 9.5% | £835pcm |
| July 2022 | 5.1% | £763pcm |
| July 2021 | 2.6% | £726pcm |
| July 2020 | 1.3% | £708pcm |
| July 2019 | 1.2% | £698pcm |
| July 2018 | -0.7% | £690pcm |
| July 2017 | 0.2% | £695pcm |
| July 2016 | 3.3% | £693pcm |
| July 2015 | 4.9% | £671pcm |
| July 2014 | 3.5% | £639pcm |
| July 2013 | 2.3% | £618pcm |
| July 2012 | 0.6% | £604pcm |
| July 2011 | 1.7% | £600pcm |
| July 2010 | 4.2% | £591pcm |
| July 2009 | -7.6% | £567pcm |
| July 2008 | 2.7% | £614pcm |
| July 2007 | 0% | £597pcm |
Sales History
The last recorded sale was on 14th November 2011 for £106,500 and since then the market in the area has increased by 47.5%.
Melbourne Parade, Chelmsford, CM1 has had 2 sales since 1995, none of them in the last three years.
- Sold Nov 2011£106,500 | 3 Bed Flat23, Melbourne Parade, Chelmsford, CM1 2DW23, Melbourne Parade, Chelmsford, CM1 2DW
- Sold Jul 2003£95,000 | 3 Bed Flat23, Melbourne Parade, Chelmsford, CM1 2DW23, Melbourne Parade, Chelmsford, CM1 2DW
Most Expensive Sales
- Sold Nov 2011£106,500 | 3 Bed Flat23, Melbourne Parade, Chelmsford, CM1 2DW23, Melbourne Parade, Chelmsford, CM1 2DW
- Sold Jul 2003£95,000 | 3 Bed Flat23, Melbourne Parade, Chelmsford, CM1 2DW23, Melbourne Parade, Chelmsford, CM1 2DW
Nearby Streets
Melbourne Parade, Chelmsford, CM1 is the 228th largest and the 7th 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 have been 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
