Penn Close - RM16 3ED
Key Street Insights
Penn Close is a residential street with 11 addresses.
It ranks as the 80th largest and 374th most expensive of the 387 streets in the RM16 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 11 properties: 8 houses and 3 other properties.
- Ave. Sale Price
- £728,421
- 10 Year change
- up 29.3%
- Ave. Rental Price
- £3,198pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Street Insights
Penn Close is a residential street with 11 addresses.
It ranks as the 80th largest and 374th most expensive of the 387 streets in the RM16 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 11 properties: 8 houses and 3 other properties.
- Ave. Sale Price
- £728,421
- 10 Year change
- up 29.3%
- Ave. Rental Price
- £3,198pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties on Penn Close, Orsett, Grays, RM16
- Pennhurst
4 Bed Mid-century House
- 1 Penn Close
5 Bed Modern House
- 2 Penn Close
5 Bed Mid-century House
- 3 Penn Close
4 Bed Mid-century House
- 4 Penn Close
5 Bed Mid-century House
Sales Market Trends
The last sale on Penn Close sold for £740,000 on 14th October 2025. Since then prices are down an average of 0.3%.
The current average value in the street is £728,421.
The Penn Close Sales Market has increased by 29.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.2% | £728,421 |
| July 2025 | 2.6% | £729,926 |
| July 2024 | -1.8% | £711,088 |
| July 2023 | -0.8% | £724,207 |
| July 2022 | 9.4% | £729,867 |
| July 2021 | 8.1% | £667,340 |
| July 2020 | 1.9% | £617,499 |
| July 2019 | -0.2% | £605,811 |
| July 2018 | 3.4% | £607,292 |
| July 2017 | 4.3% | £587,524 |
| July 2016 | 15.7% | £563,277 |
| July 2015 | 11% | £486,681 |
| July 2014 | 12% | £438,350 |
| July 2013 | 3.1% | £391,243 |
| July 2012 | 0.5% | £379,448 |
| July 2011 | 0.1% | £377,699 |
| July 2010 | 11.2% | £377,404 |
| July 2009 | -11.3% | £339,352 |
| July 2008 | -2.9% | £382,416 |
| July 2007 | 0% | £393,784 |
Rental Market Trends
The current average rental value in the street is £3,198.
The Penn Close Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4% | £3,198pcm |
| July 2025 | 5.3% | £3,076pcm |
| July 2024 | 5.9% | £2,922pcm |
| July 2023 | 14.9% | £2,759pcm |
| July 2022 | 8.4% | £2,401pcm |
| July 2021 | 3.3% | £2,215pcm |
| July 2020 | 3.2% | £2,145pcm |
| July 2019 | 2.2% | £2,079pcm |
| July 2018 | 0.2% | £2,034pcm |
| July 2017 | 0.3% | £2,029pcm |
| July 2016 | 4.7% | £2,024pcm |
| July 2015 | 6% | £1,932pcm |
| July 2014 | 5.3% | £1,824pcm |
| July 2013 | 3.4% | £1,732pcm |
| July 2012 | 4.5% | £1,676pcm |
| July 2011 | 4.3% | £1,603pcm |
| July 2010 | 8.3% | £1,538pcm |
| July 2009 | -2.9% | £1,421pcm |
| July 2008 | 3.9% | £1,463pcm |
| July 2007 | 0% | £1,408pcm |
Sales History
The last recorded sale was on 14th October 2025 for £740,000 and since then the market in the area has decreased by 0.3%.
Penn Close, Orsett, Grays, RM16 has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Oct 2025£740,000 | 5 Bed House5, Penn Close, Grays, RM16 3ED5, Penn Close, Grays, RM16 3ED
- Sold Apr 2023£700,000 | 4 Bed House9, Penn Close, Grays, RM16 3ED9, Penn Close, Grays, RM16 3ED
- Sold Sep 2021£735,000 | 4 Bed HousePennhurst, Penn Close, Grays, RM16 3EDPennhurst, Penn Close, Grays, RM16 3ED
Top 3 Most Expensive Sales
- Sold Oct 2025£740,000 | 5 Bed House5, Penn Close, Grays, RM16 3ED5, Penn Close, Grays, RM16 3ED
- Sold Sep 2021£735,000 | 4 Bed HousePennhurst, Penn Close, Grays, RM16 3EDPennhurst, Penn Close, Grays, RM16 3ED
- Sold Apr 2023£700,000 | 4 Bed House9, Penn Close, Grays, RM16 3ED9, Penn Close, Grays, RM16 3ED
Nearby Streets
Penn Close, Orsett, Grays, RM16 is the 80th largest and the 374th most expensive street in the RM16 area.
- Prince Charles Avenue, Orsett, Grays, RM1616 Addresses|100 m away
- The Spinney, Orsett, Grays, RM1624 Addresses|119 m away
- Malting Lane, Orsett, Grays, RM1656 Addresses|215 m away
- St. Giles Close, Orsett, Grays, RM165 Addresses|222 m away
- Ridgewell Avenue, Orsett, Grays, RM1638 Addresses|224 m away
- The Paddocks, Orsett, Grays, RM165 Addresses|260 m away
Property Types
- 1 modern house built after 1980
- 7 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (7)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (3)
Schools Nearby
- Orsett Church of England Primary School600 m away
- Horndon-On-the-Hill CofE Primary School2.7 km away
- Woodside Academy3.1 km away
- Orsett Heath Academy2.6 km away
- William Edwards School2.8 km away
- St Clere's School3.4 km away
More reading links
Public Transport Nearby
The closest station to Penn Close, Orsett, Grays, RM16 - RM16 3ED is Stanford-le-Hope station, which is 3.6 kilometres away.
- Stanford-le-Hope|3.6 km away
- East Tilbury|4.4 km away
- Grays|5.4 km away
