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Penshurst Close is a residential street with 38 addresses.
It ranks as the 335th largest and 310th most expensive of the 525 streets in the ME8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 38 properties: 38 houses.
Penshurst Close is a residential street with 38 addresses.
It ranks as the 335th largest and 310th most expensive of the 525 streets in the ME8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 38 properties: 38 houses.
Sale prices range from £310,392 for 3 bedroom freehold houses with a garden (980 ft2) to £643,150 for 4 bedroom freehold houses with a garden (1,280 ft2) .
Monthly rental prices range from £1,456 pcm for 3 bed houses to £2,020 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 5.9%.
The average value per square foot is £368.
The last sale on Penshurst Close sold for £300,000 on 12th March 2024. Since then prices are up an average of 2.8%.
The current average value in the street is £364,728.
The Penshurst Close Sales Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.1% | £364,728 |
| May 2025 | 2.4% | £364,199 |
| May 2024 | -2.3% | £355,535 |
| May 2023 | -0.6% | £364,061 |
| May 2022 | 12.1% | £366,167 |
| May 2021 | 6.8% | £326,720 |
| May 2020 | 1.1% | £305,777 |
| May 2019 | 0.5% | £302,345 |
| May 2018 | 3.5% | £300,709 |
| May 2017 | 7.5% | £290,674 |
| May 2016 | 15.4% | £270,458 |
| May 2015 | 11% | £234,396 |
| May 2014 | 9.8% | £211,208 |
| May 2013 | 3.4% | £192,379 |
| May 2012 | 2.3% | £186,082 |
| May 2011 | -1.4% | £181,909 |
| May 2010 | 9.9% | £184,417 |
| May 2009 | -13.7% | £167,870 |
| May 2008 | -0.6% | £194,562 |
| May 2007 | 0% | £195,737 |
The current average rental value in the street is £1,566.
The Penshurst Close Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.1% | £1,566pcm |
| May 2025 | 4.4% | £1,534pcm |
| May 2024 | 8.9% | £1,470pcm |
| May 2023 | 10.1% | £1,349pcm |
| May 2022 | 8.6% | £1,225pcm |
| May 2021 | 6.3% | £1,128pcm |
| May 2020 | 2.1% | £1,062pcm |
| May 2019 | 2.9% | £1,040pcm |
| May 2018 | -0.3% | £1,010pcm |
| May 2017 | 3.4% | £1,013pcm |
| May 2016 | 6.9% | £980pcm |
| May 2015 | 7.6% | £917pcm |
| May 2014 | 3.9% | £852pcm |
| May 2013 | 3.8% | £820pcm |
| May 2012 | 3.1% | £790pcm |
| May 2011 | 3.8% | £766pcm |
| May 2010 | 2.3% | £738pcm |
| May 2009 | -1.4% | £722pcm |
| May 2008 | 5.2% | £732pcm |
| May 2007 | 0% | £695pcm |
The last sale was on 12th March 2024 for £300,000 and since then the market in the area has increased by 2.8%. The street has had a total of 38 sales since 1995.
Penshurst Close, Rainham, Gillingham, ME8 has seen 1 sale in the last three years and no sales in the last twelve months.
Penshurst Close, Rainham, Gillingham, ME8 is the 335th largest and the 310th most expensive street in the ME8 area.
There is 1 postcode on Penshurst Close, Rainham, Gillingham, ME8.
The closest station to Penshurst Close, Rainham, Gillingham, ME8 is Rainham (Kent) station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Penshurst Close, Rainham, Gillingham, ME8, 55.4% of property is privately owned outright and 40.5% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 Penshurst Close, Rainham, Gillingham, ME8, 14.6% of residents are recorded as possessing school level qualifications and 28.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Penshurst Close, Rainham, Gillingham, ME8, the average age was 44 and the most common age was 57.
The graph below shows how this compares to South East 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 Penshurst Close, Rainham, Gillingham, ME8, 1.3% of property was a second home.
Comparison figures for South East 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 Penshurst Close, Rainham, Gillingham, ME8, there are an average of 1.7 cars per household.
See below for how this compares to South East 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.
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