Housing Market Analysis for PENRICE CLOSE, CO4 3XN

Are you looking to understand CO4 3XN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Colchester postcode.

For the location information and nearby amenities in the CO4 3XN area, explore the CO4 3XN Area information page.
For comprehensive crime statistics in the CO4 3XN area, explore the CO4 3XN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO4 3XN postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £180,667 median price is £145,000 Standard Deviation is £56,004 with Total Sold: 9
- The Last 5 Year average price is £252,333 with Total Sold: 3
- The most recent sale happened at this postcode is 7 PENRICE CLOSE: £285,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 7 PENRICE CLOSE: £120,000 (Sold on 04 Aug 2006)
Terraced
- The average price is around £109,402 median price is £103,000 Standard Deviation is £57,000 with Total Sold: 23
- The Last 5 Year average price is £219,333 with Total Sold: 3
- The most recent sale happened at this postcode is 38 PENRICE CLOSE: £248,000 (Sold on 29 Nov 2021)
- The first recorded sale happened at this postcode is 23 PENRICE CLOSE: £40,500 (Sold on 20 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 3XN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		1
2023	£245,000	£2,849	1
2019	£227,000	£2,293	1
2018	£195,000	£2,044	1
2010	£137,000	£1,436	1
2009	£135,000	£1,570	1
2008	£145,000	£1,465	1
2007	£137,000	£2,141	1
2006	£120,000	£1,250	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£229,000	£2,920	2
2019	£200,000	£2,597	1
2018	£165,000	£2,143	1
2016	£177,500	£2,432	1
2015	£124,950	£1,488	1
2007	£137,500	£1,322	1
2006	£124,000	£1,610	1
2005	£116,250	£1,399	2
2004	£103,000		1
2003	£96,050	£1,325	2
2002	£82,500	£991	3
2000	£65,975	£769	2
1999	£47,250	£595	2
1998	£40,250	£523	1
1997	£43,750	£546	2

All the Sales in the PENRICE CLOSE, CO4 3XN

See the table below for more details on the sold house prices in the CO4 3XN, Colchester postcode.

Address	Sold Date	Price	% Change
7 PENRICE CLOSESemi-Detached, Freehold	28 Mar 2024	£285,000	46.15%
	26 Jan 2018	£195,000	42.34%
	04 May 2010	£137,000	14.17%
	04 Aug 2006	£120,000	First Sale
1 PENRICE CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1967-1975	22 Feb 2023	£245,000	81.48%
	28 Sep 2009	£135,000	-1.46%
	27 Apr 2007	£137,000	First Sale
38 PENRICE CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	29 Nov 2021	£248,000	39.72%
	28 Apr 2016	£177,500	43.15%
	07 Jul 2006	£124,000	150.51%
	18 Jun 1999	£49,500	First Sale
19 PENRICE CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	05 Mar 2021	£210,000	First Sale
27 PENRICE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	02 Oct 2019	£200,000	21.21%
	24 Sep 2018	£165,000	108.86%
	17 Apr 2002	£79,000	96.27%
	26 Jun 1998	£40,250	First Sale
31 PENRICE CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	01 Aug 2019	£227,000	56.55%
	25 Feb 2008	£145,000	First Sale
33 PENRICE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	09 Jul 2015	£124,950	37.31%
	13 Sep 2002	£91,000	First Sale
35 PENRICE CLOSETerraced, FreeholdArea: 103.98 Sq.mtrAge: 1976-1982	04 Apr 2007	£137,500	First Sale
11 PENRICE CLOSETerraced, Freehold	24 Aug 2005	£115,000	11.65%
	30 Jan 2004	£103,000	28.59%
	30 Jun 2003	£80,100	First Sale
4 PENRICE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	29 Jul 2005	£117,500	First Sale
32 PENRICE CLOSETerraced, FreeholdArea: 84.5 Sq.mtrAge: 1950-1966	10 Oct 2003	£112,000	First Sale
13 PENRICE CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	04 Mar 2002	£77,500	First Sale
36 PENRICE CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	21 Aug 2000	£67,000	First Sale
20 PENRICE CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	19 Apr 2000	£64,950	First Sale
29 PENRICE CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	15 Apr 1999	£45,000	First Sale
43 PENRICE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	27 Nov 1997	£47,000	First Sale
23 PENRICE CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	20 Jun 1997	£40,500	First Sale

Check out the sold house prices near the CO4 3XN postcode. Properties currently for saleProperties currently for rent

PENRICE CLOSE, CO4 3XN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO4 3XN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CO4 3XN postcode.

Terraced
- The average price is around £129,189 median price is £125,000 Standard Deviation is £66,959 with Total Sold: 741
- The Last 5 Year average price is £238,909 with Total Sold: 96
- The most recent sale happened at this postcode is , 188 GREENSTEAD ROAD: £208,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 174C ST ANDREWS AVENUE: £50,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £96,778 median price is £97,000 Standard Deviation is £48,386 with Total Sold: 622
- The Last 5 Year average price is £136,860 with Total Sold: 59
- The most recent sale happened at this postcode is FLAT 9, GREENSTEAD COURT GREENSTEAD ROAD: £113,000 (Sold on 10 Jun 2024)
- The first recorded sale happened at this postcode is , 16 BALFE COURT: £29,000 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £145,905 median price is £142,000 Standard Deviation is £69,947 with Total Sold: 405
- The Last 5 Year average price is £253,102 with Total Sold: 58
- The most recent sale happened at this postcode is , 7 PENRICE CLOSE: £285,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 19 ANTONIO WALK: £47,000 (Sold on 22 Feb 1995)
Other
- The average price is around £4,558,411 median price is £350,000 Standard Deviation is £14,202,786 with Total Sold: 19
- The Last 5 Year average price is £5,304,331 with Total Sold: 16
- The most recent sale happened at this postcode is , 8 WOODCOCK CLOSE: £135,000 (Sold on 12 Jan 2024)
- The first recorded sale happened at this postcode is , 1A ALTBARN ROAD: £1,500,000 (Sold on 31 Oct 2016)
Detached
- The average price is around £198,696 median price is £197,500 Standard Deviation is £78,949 with Total Sold: 136
- The Last 5 Year average price is £303,725 with Total Sold: 20
- The most recent sale happened at this postcode is , 22 SWAN CLOSE: £278,000 (Sold on 24 Jul 2023)
- The first recorded sale happened at this postcode is , 16 ELMSTEAD ROAD: £69,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£253,000	£4,079	6
2023	£251,500	£2,741	10
2022	£277,167	£3,108	18
2021	£235,589	£2,605	31
2020	£223,333	£2,515	12
2019	£206,842	£2,278	19
2018	£217,075	£2,531	20
2017	£206,609	£2,229	23
2016	£195,788	£2,231	26
2015	£153,352	£1,773	24
2014	£148,594	£1,815	32
2013	£149,188	£1,677	8
2012	£135,538	£1,688	13
2011	£133,467	£1,489	15
2010	£134,811	£1,521	18
2009	£113,885	£1,310	20
2008	£151,379	£1,699	17
2007	£149,903	£1,651	33
2006	£129,040	£1,480	34
2005	£125,016	£1,486	31
2004	£125,956	£1,437	36
2003	£111,951	£1,265	39
2002	£93,998	£1,106	37
2001	£83,433	£992	43
2000	£70,053	£751	27
1999	£53,727	£619	33
1998	£48,466	£533	35
1997	£41,558	£486	30
1996	£40,955	£431	26
1995	£43,640	£452	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,500		2
2023	£150,019	£2,441	13
2022	£157,107	£2,483	7
2021	£150,111	£2,603	9
2020	£112,500	£1,890	5
2019	£125,576	£2,314	23
2018	£115,288	£2,320	13
2017	£128,500	£2,004	18
2016	£117,397	£1,900	34
2015	£101,660	£1,708	30
2014	£101,631	£1,665	19
2013	£87,785	£1,689	13
2012	£96,800	£1,785	14
2011	£94,869	£1,573	8
2010	£89,941	£1,646	17
2009	£80,000	£1,567	7
2008	£151,292	£1,711	70
2007	£129,284	£1,749	58
2006	£98,894	£1,662	19
2005	£89,678	£1,606	21
2004	£89,593	£1,539	25
2003	£94,669	£1,646	36
2002	£65,409	£1,163	36
2001	£49,729	£821	12
2000	£41,565	£743	20
1999	£35,798	£653	26
1998	£30,259	£525	17
1997	£25,400	£503	20
1996	£24,893	£480	21
1995	£26,094	£478	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,500		2
2023	£271,700	£3,294	6
2022	£277,545	£3,326	11
2021	£251,262	£2,899	21
2020	£246,406	£2,911	8
2019	£218,400	£2,297	10
2018	£234,005	£2,703	10
2017	£210,711	£2,350	9
2016	£205,600	£2,517	10
2015	£192,393	£2,014	14
2014	£187,500	£1,934	8
2013	£144,362	£1,634	9
2012	£142,928	£1,524	7
2011	£157,350	£1,683	10
2010	£132,571	£1,389	9
2009	£129,338	£1,478	13
2008	£147,445	£1,486	15
2007	£159,100	£1,884	20
2006	£156,562	£1,729	24
2005	£147,800	£1,761	13
2004	£158,264	£1,503	17
2003	£129,885	£1,559	23
2002	£111,425	£1,347	45
2001	£80,627	£894	19
2000	£72,624	£756	10
1999	£59,776	£665	12
1998	£52,014	£602	14
1997	£51,205	£589	14
1996	£45,874	£519	8
1995	£44,696	£519	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000	£1,904	1
2023	£700,000		1
2022	£8,384,000		2
2021	£21,354,267	£4,605	3
2020	£617,500		2
2019	£281,214	£1,491	7
2018	£120,250	£3,207	2
2016	£1,500,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£349,333	£4,432	3
2022	£350,000	£2,607	1
2021	£299,000	£3,914	9
2020	£323,500	£2,740	2
2019	£267,700	£3,626	5
2018	£285,000	£2,953	2
2017	£259,333	£3,097	6
2016	£251,721	£2,874	9
2015	£239,286	£2,356	7
2014	£224,125	£2,146	4
2013	£207,000	£2,245	6
2012	£223,333	£2,182	3
2011	£192,000	£1,863	4
2010	£191,000	£1,810	3
2009	£187,000	£2,163	3
2008	£216,500	£1,528	2
2007	£168,599	£2,819	5
2006	£187,499	£1,765	7
2005	£197,249	£1,992	4
2004	£193,750	£1,980	4
2003	£151,248	£1,391	6
2002	£159,236	£1,621	23
2001	£128,000	£921	2
2000	£96,498	£735	2
1999	£83,000	£775	3
1998	£77,333	£300	3
1997	£67,688	£471	4
1996	£61,000	£634	2
1995	£63,000	£434	2

House Type in CO4 3XN area

The most common house types in the CO4 3XN postcode area are Terraced (72), Semi-detached (16), and Flat (13).

Total	105
Terraced	72
Semi-detached	16
Flat	13
Detached	4
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (46), and Private rented: Private landlord or letting agency (24).

Social rented: Rents from council or Local Authority	46
Private rented: Private landlord or letting agency	24
Owned: Owns outright	20
Owned: Owns with a mortgage or loan	9
Lives rent free	3
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the CO4 3XN have 2 people in household (29), and 1 person in household (20).

2 people in household	29
1 person in household	20
4 people in household	19
3 people in household	17
5 people in household	11
6 people in household	6
7 people in household	1
0 people in household	0
8 or more people in household	0