We consider connections between similar sublattices and coincidence site lattices (CSLs), and more generally between similar submodules and coincidence site modules of general (free) $mathbb{Z}$-modules in $mathbb{R}^d$. In particular, we generalise results obtained by S. Glied and M. Baake [1,2] on similarity and coincidence isometries of lattices and certain lattice-like modules called $mathcal{S}$-modules. An important result is that the factor group $mathrm{OS}(M)/mathrm{OC}(M)$ is Abelian for arbitrary $mathbb{Z}$-modules $M$, where $mathrm{OS}(M)$ and $mathrm{OC}(M)$ are the groups of similar and coincidence isometries, respectively. In addition, we derive various relations between the indices of CSLs and their corresponding similar sublattices. [1] S. Glied, M. Baake, Similarity versus coincidence rotations of lattices, Z. Krist. 223, 770--772 (2008). DOI: 10.1524/zkri.2008.1054 [2] S. Glied, Similarity and coincidence isometries for modules, Can. Math. Bull. 55, 98--107 (2011). DOI: 10.4153/CMB-2011-076-x