38, Penrice Close
38, Penrice Close
Description & Estimates
According to the public record, 38, Penrice Close, Colchester is a mid-century freehold house with 828 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Penrice Close, Colchester is £220,182 and the estimated rental value is £1,176 per month.
Penrice Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
Our Data Sources
38, Penrice Close, Colchester has 31 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated February 2024.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Penrice Close, Colchester is in very good condition we estimate a sale value of £231,191 and a rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,769 and a rental value of £1,093 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Penrice Close, Colchester has moved down by £2,585 (1.2%), while its estimated rental value has increased by £22 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Plot Size
According to data from HM Land Registry, 38, Penrice Close, Colchester sits on a plot of 141 m2.
We have plot size data on 37 out of 45 other houses in the postcode and 38, Penrice Close, Colchester sits on the 20th largest plot.
Energy Efficiency
38, Penrice Close, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 38, Penrice Close, Colchester was last sold on 28th April 2016 for £177,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2016, the market for similar properties has risen by 70.5%.
- Sold Apr 2016£177,500
- Sold Jul 2006£124,000
- Sold Jun 1999£49,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Penrice Close, Colchester within a radius of 460 metres over the last 2 years.
The most recent example is 14, Hunwicke Road, Colchester, CO4 3XZ, a freehold house which sold for £231,000 on the 25th July 2025.
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
Penrice Close, Colchester, CO4 has a total of 45 addresses. According to our analysis of all the public data, 38, Penrice Close, Colchester is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in CO4.
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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
The closest station to 38, Penrice Close, Colchester is Hythe (Essex) station, which is 600 metres away.
- 600mHythe (Essex)
- 2.2kmColchester Town
- 3.3kmColchester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
