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Penny CloseHouse Prices / London, Havering
Last updated May 2026
Key Street Insights
Penny Close is a residential street with 6 addresses.
It ranks as the 49th largest and 14th most expensive of the 323 streets in the RM13 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 6 properties: 6 flats.
6
Properties
- Flats
Key Street Insights
Penny Close is a residential street with 6 addresses.
It ranks as the 49th largest and 14th most expensive of the 323 streets in the RM13 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 6 properties: 6 flats.
6
Properties
- Flats
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House Priceson Penny Close
Sale prices range from £189,765 for 1 bedroom leasehold flats (441 ft2) to £237,946 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £1,189 pcm for 1 bed flats to £1,472 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.7%.
The average value per square foot is £407.
Average Sale Value
£214,773
Average Rental Value
£1,353 pcm
Average Rental Yield
7.6% /year
Average Value Per Sqft
£407 /ft2
Sales Market Trendson Penny Close
The last sale on Penny Close sold for £235,000 on 28th March 2025. Since then prices are up an average of 1.9%.
The current average value in the street is £214,773.
The Penny Close Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £214,773 |
| April 2025 | 0.1% | £210,542 |
| April 2024 | -0.2% | £210,327 |
| April 2023 | 0.8% | £210,667 |
| April 2022 | 7.7% | £208,929 |
| April 2021 | 5.4% | £194,069 |
| April 2020 | 1.4% | £184,109 |
| April 2019 | -0.6% | £181,571 |
| April 2018 | -0.5% | £182,696 |
| April 2017 | 3.2% | £183,608 |
| April 2016 | 19.4% | £177,929 |
| April 2015 | 11.6% | £149,070 |
| April 2014 | 12% | £133,524 |
| April 2013 | 3.5% | £119,199 |
| April 2012 | -1.8% | £115,177 |
| April 2011 | -2% | £117,297 |
| April 2010 | 0.7% | £119,696 |
| April 2009 | -14.4% | £118,831 |
| April 2008 | 6.2% | £138,863 |
| April 2007 | 0% | £130,762 |
Rental Market Trendson Penny Close
The current average rental value in the street is £1,353.
The Penny Close Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,353pcm |
| April 2025 | 2.1% | £1,305pcm |
| April 2024 | 8.5% | £1,279pcm |
| April 2023 | 17.9% | £1,179pcm |
| April 2022 | 4.4% | £1,000pcm |
| April 2021 | 0.8% | £957pcm |
| April 2020 | 4% | £950pcm |
| April 2019 | -0.8% | £914pcm |
| April 2018 | -1.7% | £921pcm |
| April 2017 | -1.6% | £937pcm |
| April 2016 | 8.7% | £952pcm |
| April 2015 | 8.1% | £876pcm |
| April 2014 | 6% | £811pcm |
| April 2013 | 3.6% | £765pcm |
| April 2012 | 2.7% | £738pcm |
| April 2011 | 3.3% | £719pcm |
| April 2010 | 0.1% | £696pcm |
| April 2009 | -3.7% | £695pcm |
| April 2008 | 8% | £721pcm |
| April 2007 | 0% | £668pcm |
Explore Propertieson Penny Close, Rainham, RM13
Sales Historyon Penny Close, Rainham, RM13
The last sale was on 28th March 2025 for £235,000 and since then the market in the area has increased by 1.9%. 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 FlatPenny Close3, Penny Close, Rainham, RM13 9NE
Sold May 2021£225,000 | 2 Bed FlatPenny Close6, Penny Close, Rainham, RM13 9NE
Sold Sep 2016£169,000 | 1 Bed FlatPenny Close4, Penny Close, Rainham, RM13 9NE
Sold Dec 2013£139,000 | 2 Bed FlatPenny Close6, Penny Close, Rainham, RM13 9NE
Sold Nov 2013£103,000 | 2 Bed FlatPenny Close5, Penny Close, Rainham, RM13 9NE
Sold May 2007£141,000 | 2 Bed FlatPenny Close3, Penny Close, Rainham, RM13 9NE
Sold Aug 2004£106,000 | 1 Bed FlatPenny Close4, Penny Close, Rainham, RM13 9NE
Sold Dec 2002£115,000 | 2 Bed FlatPenny Close6, Penny Close, Rainham, RM13 9NE
Sold Jul 2002£88,000 | 2 Bed FlatPenny Close3, Penny Close, Rainham, RM13 9NE
Sold Jan 1999£42,995 | 2 Bed FlatPenny Close1, Penny Close, Rainham, RM13 9NE
Sold Aug 1998£44,000 | 1 Bed FlatPenny Close4, Penny Close, Rainham, RM13 9NE
Sold Jul 1998£42,000 | 2 Bed FlatPenny Close2, Penny Close, Rainham, RM13 9NE
Nearby Streetsto Penny Close, Rainham, RM13
Penny Close, Rainham, RM13 is the 49th largest and the 14th most expensive street in the RM13 area.
- 33 mStirling Close, Rainham, RM13106 Addresses
- 102 mHawthorn Avenue, Rainham, RM1368 Addresses
- 130 mAshwood Avenue, Rainham, RM1330 Addresses
- 144 mPinewood Avenue, Rainham, RM138 Addresses
- 185 mLeston Close, Rainham, RM1347 Addresses
- 186 mWaverley Road, Rainham, RM1345 Addresses
Postcodeson Penny Close, Rainham, RM13
There is 1 postcode on Penny Close, Rainham, RM13.
- House prices in RM13 9NE6 Addresses
Property Typesin Penny Close
- 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 Efficiencyof properties on Penny Close
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (1)
- No EPC (1)
Schools Nearbyto Penny Close, Rainham, RM13
The nearest primary school to Penny Close, Rainham, RM13 is Rainham Village Primary School which is 305 metres away.
- 305mRainham Village Primary School
- 585mLa Salette Catholic Primary School
- 794mParsonage Farm Primary School
The nearest secondary school is Harris Academy Rainham which is 775 metres away.
- 775mHarris Academy Rainham
- 1.8kmThe Brittons Academy
- 3.3kmDagenham Park CofE School
More reading links
Public Transport Nearbyto Penny Close, Rainham, RM13
The closest station to Penny Close, Rainham, RM13 is Rainham (Essex) station which is 700 metres away.
- 723mRainham (Essex)
- 3.2kmElm Park
- 3.4kmDagenham East
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