Penny Close - RM13 9NE
Key Street Insights
Penny Close is a residential street with 6 addresses.
It ranks as the 49th largest and 14th most expensive of the 321 streets in the RM13 area. The most common property type is a modern flat built after 1980.
The street contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £214,418
- 10 Year change
- up 16.3%
- Ave. Rental Price
- £1,284pcm
- 10 Year change
- up 34.7%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Street Insights
Penny Close is a residential street with 6 addresses.
It ranks as the 49th largest and 14th most expensive of the 321 streets in the RM13 area. The most common property type is a modern flat built after 1980.
The street contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £214,418
- 10 Year change
- up 16.3%
- Ave. Rental Price
- £1,284pcm
- 10 Year change
- up 34.7%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertieson Penny Close, Rainham, RM13
- 1 Penny Close
Unknown
- 2 Penny Close
2 Bed Mid-century Flat
- 3 Penny Close
2 Bed Modern Flat
- 4 Penny Close
2 Bed Modern Flat
- 5 Penny Close
2 Bed Modern Flat
Sales Market Trends
The last sale on Penny Close sold for £235,000 on 28th March 2025. Since then prices are down an average of 0.2%.
The current average value in the street is £214,418.
The Penny Close Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £214,418 |
| June 2025 | 0.2% | £215,086 |
| June 2024 | 1% | £214,712 |
| June 2023 | -2.1% | £212,544 |
| June 2022 | 9.6% | £217,034 |
| June 2021 | 3.4% | £198,006 |
| June 2020 | 3% | £191,412 |
| June 2019 | -1.5% | £185,783 |
| June 2018 | 0.6% | £188,531 |
| June 2017 | 1.6% | £187,398 |
| June 2016 | 18.2% | £184,383 |
| June 2015 | 11.5% | £156,035 |
| June 2014 | 14.3% | £139,913 |
| June 2013 | 2.8% | £122,411 |
| June 2012 | -0.6% | £119,094 |
| June 2011 | -3.1% | £119,814 |
| June 2010 | 4.6% | £123,697 |
| June 2009 | -15% | £118,238 |
| June 2008 | 2.2% | £139,185 |
| June 2007 | 0% | £136,250 |
Rental Market Trends
The current average rental value in the street is £1,284.
The Penny Close Rental Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,284pcm |
| June 2025 | 3.4% | £1,247pcm |
| June 2024 | 8.7% | £1,206pcm |
| June 2023 | 10.3% | £1,110pcm |
| June 2022 | 5.1% | £1,007pcm |
| June 2021 | 0.9% | £958pcm |
| June 2020 | 1.4% | £949pcm |
| June 2019 | 0.4% | £936pcm |
| June 2018 | -1.6% | £933pcm |
| June 2017 | -0.6% | £948pcm |
| June 2016 | 8.3% | £953pcm |
| June 2015 | 7.5% | £880pcm |
| June 2014 | 4.1% | £819pcm |
| June 2013 | 2.5% | £787pcm |
| June 2012 | 2.9% | £768pcm |
| June 2011 | 3.2% | £746pcm |
| June 2010 | 4% | £723pcm |
| June 2009 | -4.5% | £695pcm |
| June 2008 | 7.5% | £728pcm |
| June 2007 | 0% | £677pcm |
Sales History
The last sale was on 28th March 2025 for £235,000 and since then the market in the area has decreased by 0.2%. The street has had a total of 12 sales since 1995.
Penny Close, Rainham, RM13 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£235,000 | 2 Bed Flat3, Penny Close, Rainham, RM13 9NE3, Penny Close, Rainham, RM13 9NE
- Sold May 2021£225,000 | 2 Bed Flat6, Penny Close, Rainham, RM13 9NE6, Penny Close, Rainham, RM13 9NE
- Sold Sep 2016£169,000 | 2 Bed Flat4, Penny Close, Rainham, RM13 9NE4, Penny Close, Rainham, RM13 9NE
- Sold Dec 2013£139,000 | 2 Bed Flat6, Penny Close, Rainham, RM13 9NE6, Penny Close, Rainham, RM13 9NE
- Sold Nov 2013£103,000 | 2 Bed Flat5, Penny Close, Rainham, RM13 9NE5, Penny Close, Rainham, RM13 9NE
Top 3 Most Expensive Sales
- Sold Mar 2025£235,000 | 2 Bed Flat3, Penny Close, Rainham, RM13 9NE3, Penny Close, Rainham, RM13 9NE
- Sold May 2021£225,000 | 2 Bed Flat6, Penny Close, Rainham, RM13 9NE6, Penny Close, Rainham, RM13 9NE
- Sold Sep 2016£169,000 | 2 Bed Flat4, Penny Close, Rainham, RM13 9NE4, Penny Close, Rainham, RM13 9NE
Nearby Streets
Penny Close, Rainham, RM13 is the 49th largest and the 14th most expensive street in the RM13 area.
- Stirling Close, Rainham, RM13106 Addresses|33 m away
- Hawthorn Avenue, Rainham, RM1368 Addresses|102 m away
- Ashwood Avenue, Rainham, RM1330 Addresses|130 m away
- Pinewood Avenue, Rainham, RM138 Addresses|144 m away
- Leston Close, Rainham, RM1347 Addresses|185 m away
- Waverley Road, Rainham, RM1345 Addresses|186 m away
Property Types
- 4 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 1 other address of unknown type
- modern flat (4)
- mid-century flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (1)
- No EPC (1)
Schools Nearby
- Rainham Village Primary School300 m away
- La Salette Catholic Primary School600 m away
- Parsonage Farm Primary School800 m away
- Harris Academy Rainham800 m away
- The Brittons Academy1.8 km away
- Dagenham Park CofE School3.3 km away
More reading links
Public Transport Nearby
The closest station to Penny Close, Rainham, RM13 - RM13 9NE is Rainham (Essex) station, which is 700 metres away.
- Rainham (Essex)|700 m away
- Elm Park|3.2 km away
- Dagenham East|3.4 km away