1, Penrice Close
1, Penrice Close
Description & Estimates
1, Penrice Close, Colchester is recorded publicly as a mid-century freehold house across 688 ft2 of internal area, sitting on a 173 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Penrice Close, Colchester is £204,096 and its rental estimate is £1,116 per month, given the available information and assuming reasonable condition.
Penrice Close, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
1, Penrice Close, Colchester has 2 entries in the Land Registry , most recently in September 2009 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Penrice Close, Colchester, we estimate a market value of £214,300 and a rental value of £1,172 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,809 and £1,038 per month respectively.
Recent Market Change
Over the last year, 1, Penrice Close, Colchester has seen its estimated sale value move down by £2,397 (1.2%) and its estimated rental value increase by £20 per month (1.8%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 1, Penrice Close, Colchester as measuring 173 m2.
That makes it the 10th largest plot in the postcode, where 37 of the 45 other houses have recorded plot data.
Energy Efficiency
1, Penrice Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Penrice Close, Colchester completed on 28th September 2009 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 140.3% over the period since September 2009.
- Sold Sep 2009£135,000
- Sold Apr 2007£137,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Penrice Close, Colchester have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2025, was 189, Avon Way, Colchester, CO4 3YP, a freehold house which sold for £210,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Penrice Close, Colchester, CO4, 1, Penrice Close, Colchester comes out as the 45th largest and the 45th most expensive in our analysis of the public data.
It is also £109k less expensive than the average property across the CO4 district.
More reading links
Schools Nearby
- 300mUnity Primary Academy
- 1.0kmHazelmere Junior School
- 1.0kmHazelmere Infant School and Nursery
- 900mColchester Academy
- 3.0kmThe Thomas Lord Audley School
- 3.4kmColchester Royal Grammar School
More reading links
Public Transport Nearby
From 1, Penrice Close, Colchester, the nearest station is Hythe (Essex), 600 metres away.
- 600mHythe (Essex)
- 2.2kmColchester Town
- 3.3kmColchester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
