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House Prices in RM16

The average house price in RM16 (Grays) is £327,750 using HM Land Registry data.

The average property price increased by £42,512 (10.86%) over the last 5 years and increased by £8,498 (2%) over the last 12 months.

Over the last year, there were 383 residential property sales – a decrease of 137 transactions (-35.77%) relative to the previous year. The majority of house sales (96) were in the £378,000 - £452,000 range. Then came properties in the £304,000 - £378,000 range, where 91 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,248 (-2%).

In Jul 2026, there were 78 new estate agency instructions, 79 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in RM16 (Grays)

10.86%

Property prices in RM16 (Grays) increased by 10.86% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RM16 (Grays) Over the Last Year

Property prices in RM16 (Grays) increased by 2% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for RM16 (Grays) - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RM16 (Grays)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RM16 (Grays)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RM16 (Grays)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RM16 (Grays) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM16 postcode area since 1995.

Recent Sales in RM16 (Grays)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
151 Sachfield Drive, Chafford Hundred, Grays, RM16 6QW	£450,000	£434,000	-£16,000	06 Oct 2025	15 May 2026	221 Days
98 Brandon Close, Chafford Hundred, Grays, RM16 6QX	£245,000	£238,000	-£7,000	11 Sep 2025	08 May 2026	239 Days
7b, Crammavill Street, Stifford Clays, Grays, RM16 2AP	£130,000	£120,000	-£10,000	24 Mar 2026	08 May 2026	45 Days
64 Francisco Close, Chafford Hundred, Grays, RM16 6YD	£350,000	£345,000	-£5,000	23 Jan 2026	06 May 2026	103 Days
157 Hill House Drive, Grays, RM16 4DS	£400,000	£400,000	£0	11 Jul 2025	30 Apr 2026	293 Days
2 Caxton Cottages, Sandy Lane, Grays, RM16 4LP	£325,000	£325,000	£0	01 Dec 2025	29 Apr 2026	149 Days
46 Oxford Avenue, Grays, RM16 4HP	£450,000	£449,000	-£1,000	28 Apr 2026	29 Apr 2026	1 Days
24 Highfield Gardens, Grays, RM16 2NU	£450,000	£439,000	-£11,000	21 Nov 2025	28 Apr 2026	158 Days
80 St Francis Way, Grays, RM16 4RH	£385,000	£380,000	-£5,000	10 Sep 2025	28 Apr 2026	230 Days
51 Cumberland Road, Chafford Hundred, Grays, RM16 6EU	£600,000	£570,000	-£30,000	16 Sep 2025	23 Apr 2026	219 Days
16 Chestnut Avenue, Grays, RM16 2UJ	£750,000	£740,000	-£10,000	05 Dec 2025	20 Apr 2026	136 Days
4 Celedon Close, Chafford Hundred, Grays, RM16 6PZ	£335,000	£314,000	-£21,000	09 Sep 2025	17 Apr 2026	220 Days
207 Godman Road, Grays, RM16 4TR	£295,000	£270,000	-£25,000	19 May 2025	15 Apr 2026	331 Days
33 Connaught Avenue, Grays, RM16 2XR	£475,000	£450,000	-£25,000	29 Aug 2025	14 Apr 2026	228 Days
11 King Edward Drive, Grays, RM16 2GG	£800,000	£790,000	-£10,000	26 Nov 2025	09 Apr 2026	134 Days
38 Crowstone Road, Grays, RM16 2SR	£370,000	£350,000	-£20,000	01 May 2025	07 Apr 2026	341 Days
46 Frobisher Gardens, Chafford Hundred, Grays, RM16 6EJ	£360,000	£350,000	-£10,000	26 Aug 2025	02 Apr 2026	219 Days
62 Camden Road, Chafford Hundred, Grays, RM16 6PY	£410,000	£405,000	-£5,000	08 Oct 2025	02 Apr 2026	176 Days
Emilys Cottage, Fordhams Row, Orsett, RM16 3LA	£285,000	£280,000	-£5,000	10 Sep 2025	01 Apr 2026	203 Days
10 Merlin Close, Chafford Hundred, Grays, RM16 6RY	£220,000	£210,000	-£10,000	11 Jun 2025	31 Mar 2026	293 Days

Most Expensive Streets in RM16 (Grays)

Postcode	Street	Area	Average	No. of Sales
RM16 3JU	Rectory Road, Orsett	Grays	£881,250	4
RM16 3JA	Herga Hyll	Grays	£820,000	3
RM16 3ED	Penn Close	Grays	£760,000	4
RM16 3EH	Rectory Road	Grays	£718,750	4
RM16 3JE	Whitmore Close	Grays	£715,000	3
RM16 2PS	Long Lane, Stifford Clays	Grays	£696,250	4
RM16 2XX	Connaught Avenue	Grays	£675,833	3
RM16 5UU	Birchfield, North Stifford	Grays	£636,000	3
RM16 5UY	Harrington Crescent, North Stifford	Grays	£634,166	3
RM16 2XR	Connaught Avenue	Grays	£620,000	3

Least Expensive Streets in RM16 (Grays)

Postcode	Street	Area	Average	No. of Sales
RM16 2AZ	Collier Court, Crammavill Street, Stifford Clays	Grays	£161,566	15
RM16 6PH	Duarte Place, Chafford Hundred	Grays	£182,916	6
RM16 4BJ	River View	Grays	£189,000	4
RM16 6QU	Armada Court	Grays	£198,250	6
RM16 2EW	Barrow Hall House, Woodside Close	Grays	£205,875	4
RM16 6PG	Dudley Close, Chafford Hundred	Grays	£211,071	14
RM16 2AP	Crammavill Street, Stifford Clays	Grays	£213,333	3
RM16 6PF	Dudley Close, Chafford Hundred	Grays	£218,170	12
RM16 6RY	Merlin Close, Chafford Hundred	Grays	£222,192	13
RM16 6DG	Trelawney Place, Howard Road	Grays	£223,062	16