Housing Market Analysis for PENN CLOSE, RM16 3ED

Are you looking to understand RM16 3ED 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 Thurrock postcode.

For the location information and nearby amenities in the RM16 3ED area, explore the RM16 3ED Area information page.
For comprehensive crime statistics in the RM16 3ED area, explore the RM16 3ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM16 3ED postcode area, The average prices are as follows,

  • Detached
    • The average price is around £491,036 median price is £486,250 Standard Deviation is £203,039 with Total Sold: 14
    • The Last 5 Year average price is £766,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 PENN CLOSE: £700,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is 3 PENN CLOSE: £135,000 (Sold on 18 Oct 1996)
  • Terraced
    • The average price is around £381,000 median price is £381,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 PENN CLOSE: £381,000 (Sold on 25 Oct 2006)
    • The first recorded sale happened at this postcode is 9 PENN CLOSE: £381,000 (Sold on 25 Oct 2006)
  • Semi-Detached
    • The average price is around £336,000 median price is £336,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 PENN CLOSE: £336,000 (Sold on 09 Dec 2005)
    • The first recorded sale happened at this postcode is 5 PENN CLOSE: £336,000 (Sold on 09 Dec 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average RM16 3ED 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£700,000 £4,955 1
2022£865,0001
2021£735,000 £5,485 1
2018£655,000 £4,043 1
2016£557,500 £4,373 2
2015£486,250 £3,400 2
2014£430,000 £2,622 1
2010£430,000 £1,720 1
2008£370,000 £2,761 1
2003£317,000 £1,957 1
1998£150,000 £600 1
1996£135,000 £1,116 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£381,000 £2,697 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£336,000 £147 1

All the Sales in the PENN CLOSE, RM16 3ED

See the table below for more details on the sold house prices in the RM16 3ED, Thurrock postcode.

AddressSold DatePrice% Change
9 PENN CLOSEDetached, FreeholdArea: 141.27 Sq.mtrAge: 1967-197528 Apr 2023£700,00036.59%
01 Jun 2015£512,50034.51%
25 Oct 2006£381,000First Sale
PENNFERN, 2 PENN CLOSEDetached, Freehold17 Aug 2022£865,000First Sale
PENNHURST PENN CLOSEDetached, FreeholdArea: 134 Sq.mtrAge: 1967-197502 Sep 2021£735,00025.64%
22 Aug 2016£585,00058.11%
24 Nov 2008£370,000First Sale
1 PENN CLOSEDetached, FreeholdArea: 162 Sq.mtrAge: 1983-199016 Oct 2018£655,000106.62%
06 Jun 2003£317,000First Sale
3 PENN CLOSEDetached, FreeholdArea: 121 Sq.mtrAge: 1976-198221 Jun 2016£530,000292.59%
18 Oct 1996£135,000First Sale
7 PENN CLOSEDetached, FreeholdArea: 145 Sq.mtrAge: 1967-197502 Apr 2015£460,000First Sale
4 PENN CLOSEDetached, FreeholdArea: 164 Sq.mtrAge: 1967-197509 Jan 2014£430,000First Sale
2 PENN CLOSEDetached, FreeholdArea: 250 Sq.mtrAge: 1967-197522 Oct 2010£430,000186.67%
27 Feb 1998£150,000First Sale
5 PENN CLOSESemi-Detached, FreeholdArea: 2289 Sq.mtrAge: 1967-197509 Dec 2005£336,000First Sale

Check out the sold house prices near the RM16 3ED postcode. Properties currently for saleProperties currently for rent

PENN CLOSE, RM16 3ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM16 3ED 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 RM16 3ED postcode.

  • Semi-Detached
    • The average price is around £258,691 median price is £249,995 Standard Deviation is £117,611 with Total Sold: 161
    • The Last 5 Year average price is £423,759 with Total Sold: 23
    • The most recent sale happened at this postcode is , 21 POUND LANE: £500,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 51 HIGH ROAD: £119,995 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £256,903 median price is £259,450 Standard Deviation is £107,389 with Total Sold: 206
    • The Last 5 Year average price is £391,618 with Total Sold: 34
    • The most recent sale happened at this postcode is 9, CHURCH ROW MALTING LANE: £180,000 (Sold on 12 Mar 2024)
    • The first recorded sale happened at this postcode is 7, CHURCH ROW MALTING LANE: £34,000 (Sold on 08 Mar 1995)
  • Detached
    • The average price is around £457,812 median price is £427,500 Standard Deviation is £215,409 with Total Sold: 178
    • The Last 5 Year average price is £708,913 with Total Sold: 23
    • The most recent sale happened at this postcode is , 2 BONHAM DRIVE: £715,000 (Sold on 26 Jul 2023)
    • The first recorded sale happened at this postcode is , 4 THE SPINNEY: £97,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £204,277 median price is £185,000 Standard Deviation is £69,276 with Total Sold: 58
    • The Last 5 Year average price is £290,000 with Total Sold: 8
    • The most recent sale happened at this postcode is , 11 HEW WATT CLOSE: £180,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is FLAT 2, ROWLEY COURT HIGH ROAD: £42,000 (Sold on 31 Jul 1996)
  • Other
    • The average price is around £490,000 median price is £490,000 Standard Deviation is £40,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE OLIVES RECTORY ROAD: £530,000 (Sold on 12 May 2017)
    • The first recorded sale happened at this postcode is , 63 ROWLEY ROAD: £450,000 (Sold on 09 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£477,5002
2023£417,500 £6,294 2
2022£524,000 £4,925 5
2021£386,071 £4,543 7
2020£380,862 £4,541 4
2019£370,167 £5,172 3
2018£392,667 £4,659 3
2017£345,333 £3,934 3
2016£404,000 £4,222 5
2015£292,758 £3,884 6
2014£279,000 £3,418 3
2013£272,500 £3,981 4
2012£290,000 £3,200 3
2011£305,083 £3,025 6
2010£227,500 £3,231 4
2009£251,000 £3,016 8
2008£263,332 £3,010 3
2007£251,624 £2,639 8
2006£260,762 £3,205 14
2005£252,361 £1,825 9
2004£235,856 £3,081 7
2003£234,300 £2,621 10
2002£163,601 £2,043 6
2001£198,834 £1,499 6
2000£124,998 £1,354 2
1999£131,000 £981 3
1998£98,800 £985 5
1997£102,389 £983 9
1996£154,390 £922 5
1995£107,124 £696 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£432,500 £4,416 8
2022£337,500 £5,322 2
2021£399,393 £4,116 14
2020£422,000 £3,623 3
2019£357,083 £4,663 6
2018£405,500 £3,652 3
2017£369,375 £3,667 4
2016£335,299 £3,913 5
2015£336,249 £3,496 8
2014£274,586 £3,091 14
2013£275,000 £2,861 2
2012£251,500 £3,477 3
2011£241,833 £3,514 3
2010£220,000 £3,193 3
2009£182,375 £3,205 4
2008£266,665 £3,448 3
2007£266,810 £2,985 30
2006£270,497 £2,776 13
2005£251,295 £2,951 30
2004£227,271 £2,745 7
2003£161,416 £2,292 6
2002£149,000 £2,258 1
2001£112,450 £1,370 5
2000£102,415 £1,460 6
1999£100,972 £1,356 2
1998£72,833 £1,244 3
1997£66,249 £857 9
1996£67,450 £1,127 4
1995£62,874 £718 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£729,643 £5,469 7
2022£925,000 £4,889 3
2021£663,929 £4,760 7
2020£760,000 £3,964 2
2019£563,750 £4,450 4
2018£816,249 £4,137 4
2017£563,571 £3,819 7
2016£578,143 £3,846 7
2015£512,917 £4,261 6
2014£523,611 £2,883 9
2013£437,625 £3,909 4
2012£637,500 £3,229 2
2011£518,333 £3,714 3
2010£435,000 £2,307 2
2009£547,000 £2,997 5
2008£416,286 £2,851 7
2007£440,968 £3,432 16
2006£497,166 £2,780 12
2005£394,844 £2,600 8
2004£462,646 £2,959 14
2003£536,125 £2,813 4
2002£342,500 £1,020 5
2001£240,000 £1,657 6
2000£208,498 £1,540 2
1999£274,714 £1,417 7
1998£215,429 £1,018 7
1997£203,321 £1,259 7
1996£159,286 £886 7
1995£174,625 £787 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£290,000 £4,396 2
2022£257,500 £7,125 2
2021£370,000 £5,968 1
2020£322,500 £4,881 2
2019£210,000 £4,565 1
2018£237,200 £4,475 1
2017£288,750 £4,579 2
2016£257,498 £3,986 2
2015£250,000 £3,660 1
2014£217,200 £3,591 5
2012£235,333 £3,684 3
2010£203,375 £3,166 4
2009£217,500 £3,055 8
2008£179,500 £3,396 2
2007£172,050 £3,540 5
2006£167,682 £3,103 7
2005£143,394 £2,917 6
2004£159,950 £3,138 1
2003£96,0001
1996£46,750 £1,016 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£530,000 £3,272 1
2016£450,0001

House Type in RM16 3ED area

The most common house types in the RM16 3ED postcode area are Detached (74), Semi-detached (33), and Terraced (32).

Total150
Detached74
Semi-detached33
Terraced32
Flat11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright78
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority6
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RM16 3ED have 2 people in household (58), and 1 person in household (45).

2 people in household58
1 person in household45
3 people in household22
4 people in household16
5 people in household10
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0