5, Penny Close
5, Penny Close
Description & Estimates
Public records show 5, Penny Close, Colchester to be a modern freehold house with 957 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Penny Close, Colchester has an estimated sale value of £362,461 and an estimated rental value of £1,461 per month, assuming reasonable condition and based on the information available.
Penny Close, Colchester, CO4 lies in the borough of Colchester, within the CO4 postal district.
Our Data Sources
5, Penny Close, Colchester has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated September 2018.
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
In very good condition, we estimate 5, Penny Close, Colchester would be worth £380,584, with a potential rental value of £1,534 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £337,089, with a rental value of £1,359 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Penny Close, Colchester has decreased by £4,256 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £27 (1.8%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
5, Penny Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Penny Close, Colchester last changed hands on 18th April 2019, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 0.6% since April 2019.
- Sold Apr 2019£315,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 5, Penny Close, Colchester across the last 2 years.
Most recently, 3, Penny Close, Colchester, CO4 6DQ, a freehold house, sold at £355,000 on the 11th September 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
Our analysis of the public data ranks 5, Penny Close, Colchester as the 13th largest and the 13th most expensive of the 15 addresses on Penny Close, Colchester, CO4.
Against the CO4 postcode district average, it is £50k more expensive than the typical property.
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Schools Nearby
- 1.0kmMyland Community Primary School
- 1.1kmThe Bishop William Ward Church of England Primary School
- 1.4kmCamulos Academy
- 2.5kmThe Trinity School
- 2.5kmThe Gilberd School
- 2.6kmSt Helena School
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 5, Penny Close, Colchester at 2.1 kilometres away.
- 2.1kmColchester
- 3.8kmColchester Town
- 4.8kmHythe (Essex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
