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Penrice Close is a residential street with 45 addresses.
It ranks as the 576th largest and 148th most expensive of the 713 streets in the CO4 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 45 properties: 45 houses.
Penrice Close is a residential street with 45 addresses.
It ranks as the 576th largest and 148th most expensive of the 713 streets in the CO4 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 45 properties: 45 houses.
Sale prices range from £204,096 for 3 bedroom freehold houses with a garden (688 ft2) to £261,622 for 4 bedroom freehold houses with a garden (1,119 ft2) .
Monthly rental prices range from £1,116 pcm for 3 bed houses to £1,350 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 6.6%.
The average value per square foot is £252.
The last sale on Penrice Close sold for £240,000 on 19th November 2024. Since then prices are down an average of 0.2%.
The current average value in the street is £235,258.
The Penrice Close Sales Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.4% | £235,258 |
| May 2025 | 0.9% | £238,646 |
| May 2024 | -1.7% | £236,548 |
| May 2023 | 0.5% | £240,646 |
| May 2022 | 11.2% | £239,542 |
| May 2021 | 5.4% | £215,456 |
| May 2020 | -0.3% | £204,363 |
| May 2019 | -1.8% | £204,932 |
| May 2018 | 1% | £208,610 |
| May 2017 | 11.7% | £206,642 |
| May 2016 | 13.2% | £184,954 |
| May 2015 | 7.8% | £163,347 |
| May 2014 | 8.1% | £151,494 |
| May 2013 | -0.2% | £140,133 |
| May 2012 | 1.7% | £140,376 |
| May 2011 | 0.4% | £138,097 |
| May 2010 | 8.3% | £137,527 |
| May 2009 | -14% | £126,991 |
| May 2008 | -5% | £147,681 |
| May 2007 | 0% | £155,511 |
The current average rental value in the street is £1,232.
The Penrice Close Rental Market has increased by 63.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.6% | £1,232pcm |
| May 2025 | 5.4% | £1,212pcm |
| May 2024 | 5.6% | £1,150pcm |
| May 2023 | 7% | £1,089pcm |
| May 2022 | 13.5% | £1,018pcm |
| May 2021 | 9% | £897pcm |
| May 2020 | 1.3% | £823pcm |
| May 2019 | -0.4% | £812pcm |
| May 2018 | 2% | £815pcm |
| May 2017 | 5.8% | £798pcm |
| May 2016 | 7% | £755pcm |
| May 2015 | 4.2% | £705pcm |
| May 2014 | 2.9% | £677pcm |
| May 2013 | 0% | £658pcm |
| May 2012 | 3% | £658pcm |
| May 2011 | 3.5% | £639pcm |
| May 2010 | 5.5% | £617pcm |
| May 2009 | -8.8% | £585pcm |
| May 2008 | 1.4% | £641pcm |
| May 2007 | 0% | £632pcm |
The last sale was on 19th November 2024 for £240,000 and since then the market in the area has decreased by 0.2%. The street has had a total of 33 sales since 1995.
Penrice Close, Colchester, CO4 has seen 3 sales in the last three years and no sales in the last twelve months.
Penrice Close, Colchester, CO4 is the 576th largest and the 148th most expensive street in the CO4 area.
There is 1 postcode on Penrice Close, Colchester, CO4.
The closest station to Penrice Close, Colchester, CO4 is Hythe (Essex) station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Penrice Close, Colchester, CO4, 45.3% of property is socially rented and 24.5% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Penrice Close, Colchester, CO4, 31.7% of residents are recorded as possessing school level qualifications and 15.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Penrice Close, Colchester, CO4, the average age was 32.8 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Penrice Close, Colchester, CO4, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Penrice Close, Colchester, CO4, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.