65A, Melbourne Avenue
65A, Melbourne Avenue
Description & Estimates
65A, Melbourne Avenue, Chelmsford is described in the public record as a mid-century apartment with 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 65A, Melbourne Avenue, Chelmsford is £216,350 and its rental estimate is £1,234 per month, given the available information and assuming reasonable condition.
65, Melbourne Avenue is a residential building on Melbourne Avenue, Chelmsford, CM1 and falls within the CM1 postal district and the borough of Chelmsford.
Our Data Sources
65A, Melbourne Avenue, Chelmsford has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 65A, Melbourne Avenue, Chelmsford, we estimate a market value of £227,168 and a rental value of £1,296 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,206 and £1,148 per month respectively.
Recent Market Change
Over the last year, 65A, Melbourne Avenue, Chelmsford has seen its estimated sale value move down by £3,084 (1.4%) and its estimated rental value increase by £36 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
65A, Melbourne Avenue, Chelmsford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2022.
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
Over the past 2 years 3 properties similar to 65A, Melbourne Avenue, Chelmsford have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 19, Canberra Close, Chelmsford, CM1 2EF, a leasehold flat which sold for £230,000.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 166 addresses on Melbourne Avenue, Chelmsford, CM1, 65A, Melbourne Avenue, Chelmsford comes out as the 54th largest and the 57th most expensive in our analysis of the public data.
It is also £198k less expensive than the average property across the CM1 district.
More reading links
Schools Nearby
- 500mLawford Mead Primary & Nursery
- 500mParkwood Academy
- 700mNewlands Spring Primary and Nursery School
- 1.1kmSt John Payne Catholic School, Chelmsford
- 1.5kmKing Edward VI Grammar School, Chelmsford
- 1.5kmChelmsford County High School for Girls
More reading links
Public Transport Nearby
From 65A, Melbourne Avenue, Chelmsford, the nearest station is Chelmsford, 2.0 kilometres away.
- 2.0kmChelmsford
- 5.1kmBeaulieu Park
- 10.0kmIngatestone
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
