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House Prices in RM17

The average house price in RM17 (Grays) is £340,000 using HM Land Registry data.

The average property price increased by £35,255 (18.4%) over the last 5 years and increased by £7,046 (2.93%) over the last 12 months.

Over the last year, there were 225 residential property sales – a decrease of 26 transactions (-11.56%) relative to the previous year. The majority of house sales (55) were in the £288,000 - £352,000 range. Then came properties in the £224,000 - £288,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,150 (-1%).

In May 2025, there were 55 new estate agency instructions, 55 agreed home sales and 44 property price reductions.

5-Year Average Property Prices in RM17 (Grays)

18.4%

Property prices in RM17 (Grays) increased by 18.4% 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 RM17 (Grays) Over the Last Year

2.93%

Property prices in RM17 (Grays) increased by 2.93% 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 RM17 (Grays) - May 2025

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 RM17 (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 RM17 (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 RM17 (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 RM17 (Grays) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM17 postcode area since 1995.

Recent Sales in RM17 (Grays)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 Lewes Close, Grays, Thurrock, RM17 6QG	£175,000	£165,000	-£10,000	10 Jul 2024	17 Jan 2025	191 Days
27 Bruces Wharf Road, Grays, Thurrock, RM17 6PE	£385,000	£383,000	-£2,000	07 Aug 2024	10 Jan 2025	156 Days
12 St Georges Avenue, Grays, Thurrock, RM17 5XB	£600,000	£590,000	-£10,000	17 Jun 2024	09 Jan 2025	206 Days
14 Bromley, Grays, Thurrock, RM17 6LE	£575,000	£550,000	-£25,000	17 Oct 2024	09 Jan 2025	84 Days
23 Astley, Grays, Thurrock, RM17 6UY	£445,000	£438,000	-£7,000	25 Jul 2024	09 Jan 2025	168 Days
11 Prior Chase, Badgers Dene, Grays, Thurrock, RM17 5HL	£400,000	£400,000	£0	18 Sep 2024	06 Jan 2025	110 Days
14 Balfour Road, Grays, Thurrock, RM17 5NS	£445,000	£437,500	-£7,500	30 Jul 2024	20 Dec 2024	143 Days
17 Prior Chase, Badgers Dene, Grays, Thurrock, RM17 5HL	£300,000	£300,000	£0	09 Oct 2024	19 Dec 2024	71 Days
37 Hove Close, Grays, Thurrock, RM17 6PD	£160,000	£160,000	£0	13 May 2024	18 Dec 2024	219 Days
65 Bankfoot, Badgers Dene, Grays, Thurrock, RM17 5HY	£315,000	£312,000	-£3,000	24 Jun 2024	29 Nov 2024	158 Days
75 Dock Road, Grays, Thurrock, RM17 6EY	£425,000	£425,000	£0	03 Oct 2024	28 Nov 2024	56 Days
55 Bradleigh Avenue, Grays, Thurrock, RM17 5RJ	£550,000	£550,000	£0	14 May 2024	05 Nov 2024	175 Days
8 Crest Avenue, Grays, Thurrock, RM17 6RW	£310,000	£310,000	£0	14 May 2024	01 Nov 2024	171 Days
20 Balfour Road, Grays, Thurrock, RM17 5NS	£450,000	£450,000	£0	18 Jul 2024	29 Oct 2024	103 Days
9 Salisbury Road, Grays, Thurrock, RM17 6DG	£250,000	£250,000	£0	30 Jul 2024	28 Oct 2024	90 Days
52 Ward Avenue, Grays, Thurrock, RM17 5RW	£640,000	£640,000	£0	14 Jun 2024	22 Oct 2024	130 Days
2 Dartview Close, Grays, Thurrock, RM17 5TL	£425,000	£405,000	-£20,000	09 Feb 2024	17 Oct 2024	251 Days
Flat 16, Bevile House, Argent Street, Grays, Thurrock, RM17 6RR	£130,000	£126,000	-£4,000	08 Aug 2024	07 Oct 2024	60 Days
23 Manor Way, Grays, Thurrock, RM17 6RN	£500,000	£495,000	-£5,000	07 Jun 2024	07 Oct 2024	122 Days
98 Cromwell Road, Grays, Thurrock, RM17 5HW	£350,000	£350,000	£0	27 Jul 2024	03 Oct 2024	68 Days

Most Expensive Streets in RM17 (Grays)

Postcode	Street	Area	Average	No. of Sales
RM17 5XD	Bradleigh Avenue	Grays	£697,500	4
RM17 5RW	Ward Avenue	Grays	£684,375	4
RM17 5UW	College Avenue	Grays	£601,250	4
RM17 5PR	Lodge Lane	Grays	£560,900	5
RM17 5RH	Bradleigh Avenue	Grays	£556,666	3
RM17 5HR	Meesons Lane	Grays	£554,300	10
RM17 5RN	Ward Avenue	Grays	£548,333	3
RM17 5XB	St Georges Avenue	Grays	£541,000	10
RM17 5EF	Moss Bank, Meesons Lane	Grays	£540,833	6
RM17 5RL	Ward Avenue	Grays	£529,375	4

Least Expensive Streets in RM17 (Grays)

Postcode	Street	Area	Average	No. of Sales
RM17 6HQ	Conway Gardens	Grays	£103,800	4
RM17 6WD	Trasa Court, Gipsy Lane	Grays	£127,333	3
RM17 6SE	Vert House, Falcon Avenue	Grays	£131,665	3
RM17 6RP	Trefoil House, Crest Avenue	Grays	£132,000	3
RM17 6RT	Sejant House, Bridge Road	Grays	£133,833	3
RM17 6RR	Bevile House, Argent Street, Grays	Grays	£148,333	3
RM17 5DF	Queensgate Centre, Orsett Road	Grays	£149,242	10
RM17 6RZ	Chevron House, Crest Avenue	Grays	£149,285	7
RM17 6HE	Conway Gardens	Grays	£151,928	7
RM17 6BW	Bridge Court, Bridge Road	Grays	£152,980	5