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According to the public record, 4, Penny Close, Rainham is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Penny Close, Rainham is £189,765 and the estimated rental value is £1,189 per month.
Penny Close, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
4, Penny Close, Rainham has 31 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated May 2016.
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.
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 4, Penny Close, Rainham is in very good condition we estimate a sale value of £199,253 and a rental value of £1,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,481 and a rental value of £1,106 per month.
Over the last 12 months the sale value of 4 Penny Close Rainham has increased by an estimated £4,263 (2.2%) and its rental value has increased by an estimated £48 per month (4.0%), giving an expected gross yield of 7.5%.
4, Penny Close, Rainham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Penny Close, Rainham was last sold on 7th September 2016 for £169,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2016, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Penny Close, Rainham within a radius of 610 metres over the last 2 years.
The most recent example is 43, Leston Close, Rainham, RM13 9NF, a leasehold flat which sold for £185,000 on the 28th July 2025.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penny Close, Rainham, RM13 has a total of 6 addresses. According to our analysis of all the public data, 4, Penny Close, Rainham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in RM13.
The nearest school is Rainham Village Primary School which is 305 metres away. The nearest train station is Rainham (Essex) which is 700 metres away.
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