Penzance Close - CM1 6JJ
Key Street Insights
Penzance Close is a residential street with 12 addresses.
It ranks as the 195th largest and 384th most expensive of the 813 streets in the CM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £430,978
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,853pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Street Insights
Penzance Close is a residential street with 12 addresses.
It ranks as the 195th largest and 384th most expensive of the 813 streets in the CM1 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £430,978
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,853pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertieson Penzance Close, Chelmsford, CM1
- 1 Penzance Close
Unknown
- 2 Penzance Close
4 Bed Mid-century House
- 3 Penzance Close
4 Bed Mid-century House
- 4 Penzance Close
3 Bed Mid-century House
- 5 Penzance Close
Unknown
Sales Market Trends
The last sale on Penzance Close sold for £520,000 on 12th December 2024. Since then prices are down an average of 0.6%.
The current average value in the street is £430,978.
The Penzance Close Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £430,978 |
| June 2025 | 2.2% | £438,525 |
| June 2024 | -2% | £428,901 |
| June 2023 | 0% | £437,656 |
| June 2022 | 8.1% | £437,701 |
| June 2021 | 6.4% | £404,911 |
| June 2020 | 1.2% | £380,685 |
| June 2019 | -0.2% | £376,187 |
| June 2018 | 0.8% | £376,777 |
| June 2017 | 6% | £373,965 |
| June 2016 | 12.1% | £352,785 |
| June 2015 | 11.1% | £314,706 |
| June 2014 | 10.6% | £283,288 |
| June 2013 | 1% | £256,052 |
| June 2012 | 1.8% | £253,571 |
| June 2011 | 1.3% | £249,000 |
| June 2010 | 9.4% | £245,699 |
| June 2009 | -9.7% | £224,497 |
| June 2008 | -2.9% | £248,701 |
| June 2007 | 0% | £256,089 |
Rental Market Trends
The current average rental value in the street is £1,853.
The Penzance Close Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,853pcm |
| June 2025 | 5.1% | £1,792pcm |
| June 2024 | 8.1% | £1,705pcm |
| June 2023 | 10.7% | £1,578pcm |
| June 2022 | 6.9% | £1,425pcm |
| June 2021 | 6.5% | £1,333pcm |
| June 2020 | 1.6% | £1,251pcm |
| June 2019 | 1.7% | £1,232pcm |
| June 2018 | 0.6% | £1,211pcm |
| June 2017 | 2.3% | £1,203pcm |
| June 2016 | 4.3% | £1,176pcm |
| June 2015 | 5.3% | £1,128pcm |
| June 2014 | 5.1% | £1,071pcm |
| June 2013 | 2.1% | £1,019pcm |
| June 2012 | 2% | £998pcm |
| June 2011 | 3.7% | £979pcm |
| June 2010 | 7.1% | £944pcm |
| June 2009 | -6% | £881pcm |
| June 2008 | 4.3% | £938pcm |
| June 2007 | 0% | £899pcm |
Sales History
The last sale was on 12th December 2024 for £520,000 and since then the market in the area has decreased by 0.6%. The street has had a total of 17 sales since 1995.
Penzance Close, Chelmsford, CM1 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2024£520,000 | 4 Bed House2, Penzance Close, Chelmsford, CM1 6JJ2, Penzance Close, Chelmsford, CM1 6JJ
- Sold Jun 2021£315,000 | 3 Bed House6, Penzance Close, Chelmsford, CM1 6JJ6, Penzance Close, Chelmsford, CM1 6JJ
- Sold Mar 2019£362,000 | 4 Bed House3, Penzance Close, Chelmsford, CM1 6JJ3, Penzance Close, Chelmsford, CM1 6JJ
- Sold Apr 2016£320,000 | 3 Bed House4, Penzance Close, Chelmsford, CM1 6JJ4, Penzance Close, Chelmsford, CM1 6JJ
- Sold Sep 2015£323,000 | 3 Bed House11, Penzance Close, Chelmsford, CM1 6JJ11, Penzance Close, Chelmsford, CM1 6JJ
Top 3 Most Expensive Sales
- Sold Dec 2024£520,000 | 4 Bed House2, Penzance Close, Chelmsford, CM1 6JJ2, Penzance Close, Chelmsford, CM1 6JJ
- Sold Mar 2019£362,000 | 4 Bed House3, Penzance Close, Chelmsford, CM1 6JJ3, Penzance Close, Chelmsford, CM1 6JJ
- Sold Sep 2015£323,000 | 3 Bed House11, Penzance Close, Chelmsford, CM1 6JJ11, Penzance Close, Chelmsford, CM1 6JJ
Nearby Streets
Penzance Close, Chelmsford, CM1 is the 195th largest and the 384th most expensive street in the CM1 area.
- Taunton Road, Chelmsford, CM124 Addresses|48 m away
- Tavistock Road, Springfield, Chelmsford, CM150 Addresses|91 m away
- Plymouth Road, Chelmsford, CM135 Addresses|127 m away
- Redruth Close, Chelmsford, CM120 Addresses|138 m away
- Falmouth Road, Chelmsford, CM1131 Addresses|152 m away
- Torrington Close, Chelmsford, CM123 Addresses|175 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (8)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (4)
Schools Nearby
- The Tyrrells School100 m away
- Perryfields Junior School500 m away
- Perryfields Infant School500 m away
- The Boswells School400 m away
- Chelmsford County High School for Girls1.8 km away
- King Edward VI Grammar School, Chelmsford2.1 km away
More reading links
Public Transport Nearby
The closest station to Penzance Close, Chelmsford, CM1 - CM1 6JJ is Chelmsford station, which is 2.0 kilometres away.
- Chelmsford|2.0 km away
- Beaulieu Park|2.2 km away
- Hatfield Peverel|7.8 km away
