Merdle Square - CM1 4WG
Key Street Insights
Merdle Square is a residential street with 15 addresses.
It ranks as the 239th largest of the 813 streets in the CM1 area.
The street contains a total of 15 properties: 8 houses and 7 other properties.
- Ave. Sale Price
- £463,363
- 10 Year change
- up 23.6%
- Ave. Rental Price
- £1,890pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £435/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Street Insights
Merdle Square is a residential street with 15 addresses.
It ranks as the 239th largest of the 813 streets in the CM1 area.
The street contains a total of 15 properties: 8 houses and 7 other properties.
- Ave. Sale Price
- £463,363
- 10 Year change
- up 23.6%
- Ave. Rental Price
- £1,890pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £435/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Properties on Merdle Square, Chelmsford, CM1
- 1 Merdle Square
House
- 2 Merdle Square
4 Bed Modern House
- 3 Merdle Square
House
- 4 Merdle Square
4 Bed Modern House
- 5 Merdle Square
3 Bed Modern House
Sales Market Trends
The last sale on Merdle Square sold for £250,000 on 9th June 2015. Since then prices are up an average of 39.0%.
The current average value in the street is £463,363.
The Merdle Square Sales Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £463,363 |
| June 2025 | 2.7% | £470,910 |
| June 2024 | -2.4% | £458,430 |
| June 2023 | 0.7% | £469,683 |
| June 2022 | 7.6% | £466,618 |
| June 2021 | 6.6% | £433,566 |
| June 2020 | 1.4% | £406,902 |
| June 2019 | -0.5% | £401,480 |
| June 2018 | 0.6% | £403,450 |
| June 2017 | 6.9% | £400,993 |
| June 2016 | 12% | £374,998 |
| June 2015 | 10.9% | £334,690 |
| June 2014 | 10.5% | £301,876 |
| June 2013 | 0.6% | £273,260 |
| June 2012 | 2% | £271,496 |
| June 2011 | 2.2% | £266,145 |
| June 2010 | 9.7% | £260,442 |
| June 2009 | -10.1% | £237,409 |
| June 2008 | -3.5% | £264,123 |
| June 2007 | 0% | £273,795 |
Rental Market Trends
The current average rental value in the street is £1,890.
The Merdle Square Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,890pcm |
| June 2025 | 5% | £1,830pcm |
| June 2024 | 8% | £1,743pcm |
| June 2023 | 10.8% | £1,613pcm |
| June 2022 | 6.9% | £1,455pcm |
| June 2021 | 6.5% | £1,362pcm |
| June 2020 | 1.7% | £1,279pcm |
| June 2019 | 1.8% | £1,258pcm |
| June 2018 | 0.6% | £1,236pcm |
| June 2017 | 2.4% | £1,229pcm |
| June 2016 | 4.2% | £1,200pcm |
| June 2015 | 5.2% | £1,152pcm |
| June 2014 | 5.1% | £1,095pcm |
| June 2013 | 2.1% | £1,042pcm |
| June 2012 | 2% | £1,021pcm |
| June 2011 | 3.7% | £1,002pcm |
| June 2010 | 7.1% | £966pcm |
| June 2009 | -5.9% | £902pcm |
| June 2008 | 4.4% | £958pcm |
| June 2007 | 0% | £917pcm |
Sales History
The last recorded sale was on 9th June 2015 for £250,000 and since then the market in the area has increased by 39.0%.
Merdle Square, Chelmsford, CM1 has had 3 sales since 1995, none of them in the last three years.
- Sold Jun 2015£250,000 | 3 Bed House8, Merdle Square, Chelmsford, CM1 4WG8, Merdle Square, Chelmsford, CM1 4WG
- Sold Jun 2015£252,500 | 3 Bed House8, Merdle Square, Chelmsford, CM1 4WG8, Merdle Square, Chelmsford, CM1 4WG
- Sold Nov 2013£250,000 | 3 Bed House12, Merdle Square, Chelmsford, CM1 4WG12, Merdle Square, Chelmsford, CM1 4WG
Top 3 Most Expensive Sales
- Sold Jul 2007£375,000 | 4 Bed House13, Merdle Square, Chelmsford, CM1 4WG13, Merdle Square, Chelmsford, CM1 4WG
- Sold Jul 2009£350,000 | 4 Bed House2, Merdle Square, Chelmsford, CM1 4WG2, Merdle Square, Chelmsford, CM1 4WG
- Sold Aug 2012£260,000 | 3 Bed House5, Merdle Square, Chelmsford, CM1 4WG5, Merdle Square, Chelmsford, CM1 4WG
Nearby Streets
Merdle Square, Chelmsford, CM1 is the 239th largest and the 495th most expensive street in the CM1 area.
- Jarndyce, Chelmsford, CM134 Addresses|53 m away
- Bardell Close, Chelmsford, CM116 Addresses|75 m away
- Crushton Place, Chelmsford, CM121 Addresses|85 m away
- Wickham Crescent, Chelmsford, CM143 Addresses|85 m away
- Pipchin Road, Chelmsford, CM117 Addresses|136 m away
- Varden Close, Chelmsford, CM124 Addresses|138 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (3)
- No EPC (8)
Schools Nearby
- Parkwood Academy300 m away
- St Pius X Catholic Primary School400 m away
- Newlands Spring Primary and Nursery School800 m away
- St John Payne Catholic School, Chelmsford400 m away
- Chelmsford County High School for Girls1.2 km away
- King Edward VI Grammar School, Chelmsford1.4 km away
More reading links
Public Transport Nearby
The closest station to Merdle Square, Chelmsford, CM1 - CM1 4WG is Chelmsford station, which is 1.9 kilometres away.
- Chelmsford|1.9 km away
- Beaulieu Park|4.4 km away
- Hatfield Peverel|9.8 km away