18, Medway Close
18, Medway Close
Description & Estimates
18, Medway Close, Chelmsford is recorded publicly as a mid-century leasehold apartment across 990 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 18, Medway Close, Chelmsford is £247,597 and its rental estimate is £1,417 per month, given the available information and assuming reasonable condition.
Medway Close, Chelmsford, CM1 falls within the CM1 postal district, in the borough of Chelmsford.
Our Data Sources
18, Medway Close, Chelmsford has 21 entries in the Land Registry , most recently in August 2025 and a single entry in the EPC database dated March 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Medway Close, Chelmsford, we estimate a market value of £259,977 and a rental value of £1,487 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £230,265 and £1,317 per month respectively.
Recent Market Change
Over the last year, 18, Medway Close, Chelmsford has seen its estimated sale value decline by £5,943 (2.4%) and its estimated rental value climb by £28 per month (2.0%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
18, Medway Close, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Medway Close, Chelmsford completed on 29th August 2025 at £240,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.2% over the period since August 2025.
- Sold Aug 2025£240,000
- Sold Nov 2006£130,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 18, Medway Close, Chelmsford have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2019, was 4, Hobart Close, Chelmsford, CM1 2ES, a leasehold flat which sold for £171,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 30 addresses on Medway Close, Chelmsford, CM1, 18, Medway Close, Chelmsford comes out as the 2nd largest and the 15th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the CM1 district.
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Schools Nearby
- 600mLawford Mead Primary & Nursery
- 900mWestlands Community Primary School
- 1.2kmParkwood Academy
- 1.4kmHylands School
- 1.5kmKing Edward VI Grammar School, Chelmsford
- 1.7kmChelmsford County High School for Girls
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Public Transport Nearby
From 18, Medway Close, Chelmsford, the nearest station is Chelmsford, 1.8 kilometres away.
- 1.8kmChelmsford
- 5.5kmBeaulieu Park
- 9.3kmIngatestone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
