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House Prices in RM16

The average house price in RM16 (Grays) is £398,399 using HM Land Registry data.

The average property price increased by £48,205 (10.86%) over the last 5 years and increased by £9,637 (2%) over the last 12 months.

Over the last year, there were 404 residential property sales – a decrease of 130 transactions (-32.18%) relative to the previous year. The majority of house sales (109) were in the £378,000 - £452,000 range. Then came properties in the £304,000 - £378,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,336 (-2%).

In Aug 2026, there were 54 new estate agency instructions, 56 agreed home sales and 41 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) - Aug 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
21 Francisco Close, Chafford Hundred, Grays, RM16 6YD	£500,000	£498,500	-£1,500	08 Jun 2026	27 Jul 2026	49 Days
114 Francisco Close, Chafford Hundred, Grays, RM16 6YD	£359,995	£354,000	-£5,995	17 Sep 2025	27 Jul 2026	313 Days
28 Stifford Clays Road, Stifford Clays, Grays, RM16 2DT	£440,000	£435,000	-£5,000	03 Nov 2025	17 Jul 2026	256 Days
7 St Teresa Walk, Grays, RM16 4NJ	£450,000	£450,000	£0	11 Mar 2026	17 Jul 2026	128 Days
56 Mary Rose Close, Chafford Hundred, Grays, RM16 6LY	£225,000	£220,000	-£5,000	08 Apr 2026	17 Jul 2026	100 Days
17 Douglas Close, Chafford Hundred, Grays, RM16 6RB	£500,000	£500,000	£0	08 Dec 2025	16 Jul 2026	220 Days
36 Devereux Road, Chafford Hundred, Grays, RM16 6PD	£300,000	£290,000	-£10,000	17 Jul 2025	10 Jul 2026	358 Days
10 Daniel Close, Chafford Hundred, Grays, RM16 6PR	£475,000	£475,000	£0	07 Apr 2026	09 Jul 2026	93 Days
37 Lennox Close, Chafford Hundred, Grays, RM16 6AP	£220,000	£215,000	-£5,000	16 Oct 2025	01 Jul 2026	258 Days
165 Frobisher Gardens, Chafford Hundred, Grays, RM16 6EZ	£575,000	£575,000	£0	17 May 2026	30 Jun 2026	44 Days
103 Calshot Avenue, Chafford Hundred, Grays, RM16 6NS	£500,000	£495,000	-£5,000	10 Feb 2026	30 Jun 2026	140 Days
5 Hazel Gardens, Grays, RM16 2GA	£450,000	£450,000	£0	03 Dec 2025	26 Jun 2026	205 Days
13 Brandon Close, Chafford Hundred, Grays, RM16 6QX	£530,000	£520,000	-£10,000	08 Sep 2025	23 Jun 2026	288 Days
20 Hodges Close, Chafford Hundred, Grays, RM16 6EN	£450,000	£450,000	£0	02 Jan 2026	23 Jun 2026	172 Days
31 Camden Close, Chadwell St. Mary, Chadwell St Mary, RM16 4HT	£270,000	£260,000	-£10,000	19 Mar 2026	19 Jun 2026	92 Days
47 Harding Road, Chadwell St Mary, RM16 4XD	£375,000	£365,000	-£10,000	03 Feb 2026	19 Jun 2026	136 Days
10 The Close, Grays, RM16 2XU	£465,000	£460,000	-£5,000	15 Nov 2025	19 Jun 2026	216 Days
3 Sylvan Close, Grays, RM16 6YQ	£875,000	£865,000	-£10,000	18 Jan 2026	17 Jun 2026	150 Days
66 Grifon Road, Chafford Hundred, Grays, RM16 6RJ	£620,000	£610,000	-£10,000	23 Oct 2025	17 Jun 2026	237 Days
19 Lea Road, Grays, RM16 4DD	£400,000	£390,000	-£10,000	06 Oct 2025	16 Jun 2026	253 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 2GL	Wood View	Grays	£705,333	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

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 4BJ	River View	Grays	£172,000	3
RM16 6PH	Duarte Place, Chafford Hundred	Grays	£182,916	6
RM16 6QU	Armada Court	Grays	£188,687	8
RM16 2AP	Crammavill Street, Stifford Clays	Grays	£194,250	4
RM16 2EW	Barrow Hall House, Woodside Close	Grays	£205,875	4
RM16 6PG	Dudley Close, Chafford Hundred	Grays	£211,571	14
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