3, Rainbow Mead
3, Rainbow Mead
Description & Estimates
According to the public record, 3, Rainbow Mead, Chelmsford is a freehold house that sits on a 594 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 1,812 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Rainbow Mead, Chelmsford is £712,929 and the estimated rental value is £2,247 per month.
Rainbow Mead, Hatfield Peverel, Chelmsford, CM3 is located in the borough of Braintree within the CM3 postal district.
Our Data Sources
3, Rainbow Mead, Chelmsford has 21 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Rainbow Mead, Chelmsford is in very good condition we estimate a sale value of £748,575 and a rental value of £2,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £663,024 and a rental value of £2,090 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Rainbow Mead, Chelmsford has moved down by £11,655 (1.6%), while its estimated rental value has increased by £67 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 3, Rainbow Mead, Chelmsford sits on a plot of 594 m2.
We have plot size data on 5 out of 5 other houses in the postcode and 3, Rainbow Mead, Chelmsford sits on the 3rd largest plot.
Sold Prices
According to HM Land Registry, 3, Rainbow Mead, Chelmsford was last sold on 3rd August 2007 for £435,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2007, the market for similar properties has risen by 68.4%.
- Sold Aug 2007£435,000
- Sold Jun 1997£170,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Rainbow Mead, Chelmsford within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 4, Rainbow Mead, Chelmsford, CM3 2EB, a freehold house which sold for £725,000 on the 23rd October 2025.
Read more about house prices in CM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Rainbow Mead, Hatfield Peverel, Chelmsford, CM3 has a total of 5 addresses. According to our analysis of all the public data, 3, Rainbow Mead, Chelmsford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in CM3.
More reading links
Schools Nearby
- 1.0kmHatfield Peverel Infant and Nursery School
- 1.0kmHatfield Peverel St Andrew's Junior School
- 2.5kmChipping Hill Primary School
- 3.3kmLift Maltings
- 5.2kmLift New Rickstones
- 7.9kmThe Boswells School
More reading links
Public Transport Nearby
The closest station to 3, Rainbow Mead, Chelmsford is Hatfield Peverel station, which is 200 metres away.
- 200mHatfield Peverel
- 4.3kmWitham
- 5.7kmBeaulieu Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
