59, Melbourne Avenue
59, Melbourne Avenue
Description & Estimates
The public record describes 59, Melbourne Avenue, Chelmsford as a mid-century house with 914 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
59, Melbourne Avenue, Chelmsford has an estimated sale value of £330,240 and an estimated rental value of £1,641 per month, assuming reasonable condition and based on the information available.
Melbourne Avenue, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
59, Melbourne Avenue, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 59, Melbourne Avenue, Chelmsford would be worth £346,752, with a potential rental value of £1,723 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £307,123, with a rental value of £1,526 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 59, Melbourne Avenue, Chelmsford has moved down by £2,729 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £57 (3.5%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
59, Melbourne Avenue, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 59, Melbourne Avenue, Chelmsford across the last 2 years.
Most recently, 65, Langton Avenue, Chelmsford, CM1 2BW, a freehold house, sold at £253,000 on the 18th January 2024.
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
Our analysis of the public data ranks 59, Melbourne Avenue, Chelmsford as the 37th largest and the 28th most expensive of the 166 addresses on Melbourne Avenue, Chelmsford, CM1.
Against the CM1 postcode district average, it is £85k less expensive than the typical property.
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Schools Nearby
- 300mParkwood Academy
- 600mSt Pius X Catholic Primary School
- 800mNewlands Spring Primary and Nursery School
- 900mSt John Payne Catholic School, Chelmsford
- 1.3kmChelmsford County High School for Girls
- 1.3kmKing Edward VI Grammar School, Chelmsford
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Public Transport Nearby
Chelmsford station is the nearest stop to 59, Melbourne Avenue, Chelmsford at 1.8 kilometres away.
- 1.8kmChelmsford
- 4.8kmBeaulieu Park
- 10.2kmIngatestone
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
