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Chadwell St Mary House Prices Chadwell St Mary House Prices

The average house price in Chadwell St Mary is £340,000 using HM Land Registry data.

The average property price increased by £95,157 (35.07%) over the last 5 years and increased by £19,018 (5.47%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 50 transactions (-89.29%) relative to the previous year. The majority of house sales (13) were in the £370,000 - £400,000 range. Then came properties in the £340,000 - £370,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,430 (0%).

In April 2024, there were 16 new estate agency instructions, 15 agreed home sales and 7 property price reductions.

Neighbouring Areas: Grays, Tilbury

Postcodes Covered: RM16, RM18

5-Year Average Property Prices in Chadwell St Mary

35.07%

Property prices in Chadwell St Mary increased by 35.07% 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 Chadwell St Mary Over the Last Year

5.47%

Property prices in Chadwell St Mary increased by 5.47% 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.

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).

Property Market Heat Gauge for Chadwell St Mary - April 2024

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 Chadwell St Mary

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 Chadwell St Mary

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 Chadwell St Mary

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 Chadwell St Mary since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Chadwell St Mary area since 1995.

Recent Property Sales in Chadwell St Mary

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Heath Road, Grays, Thurrock, RM16 4XH£350,000£325,000-£25,00016 Oct 202320 Feb 2024127 Days
4 Sandy Lane, Chadwell St Mary, Grays, Thurrock, RM16 4LR£335,000£330,000-£5,00005 Jun 202318 Dec 2023196 Days
6 Ravencroft, Grays, Thurrock, RM16 4TS£260,000£260,000£0028 Apr 202323 Nov 2023209 Days
1 Ruskin Road, Grays, Thurrock, RM16 4DX£410,000£410,000£0028 Apr 202330 Oct 2023185 Days
98 Brentwood Road, Grays, Thurrock, RM16 4JL£360,000£350,000-£10,00003 Jun 202327 Oct 2023146 Days
3 Cole Avenue, Chadwell St Mary, Grays, Thurrock, RM16 4JN£310,000£300,000-£10,00003 Mar 202313 Oct 2023224 Days
104 Heath Road, Grays, Thurrock, RM16 4XH£400,000£380,000-£20,00017 Apr 202313 Oct 2023179 Days
69 Templer Avenue, Grays, Thurrock, RM16 4EL£350,000£340,000-£10,00025 May 202313 Oct 2023141 Days
62 Felicia Way, Grays, Thurrock, RM16 4JF£275,000£270,000-£5,00018 Sep 202302 Oct 202314 Days
22 Claudian Way, Chadwell St Mary, Grays, Thurrock, RM16 4QB£425,000£425,000£0028 Jun 202330 Aug 202363 Days
9 Harding Road, Grays, Thurrock, RM16 4XD£325,000£325,000£0023 Aug 202323 Aug 20230 Days
66 Felicia Way, Grays, Thurrock, RM16 4JF£300,000£300,000£0028 Jan 202331 Jul 2023184 Days
63 Claudian Way, Chadwell St Mary, Grays, Thurrock, RM16 4QU£395,000£375,000-£20,00022 Feb 202331 Jul 2023159 Days
5 Holyrood Gardens, Grays, Thurrock, RM16 4PL£280,000£280,000£0010 Mar 202314 Jul 2023126 Days
118 River View, Grays, Thurrock, RM16 4BA£475,000£475,000£0011 Apr 202330 Jun 202380 Days
211 Godman Road, Chadwell St Mary, Grays, Thurrock, RM16 4TR£290,000£286,000-£4,00019 Dec 202230 Jun 2023193 Days
205 Godman Road, Chadwell St Mary, Grays, Thurrock, RM16 4TR£300,000£300,000£0015 Feb 202306 Jun 2023111 Days
55 Godman Road, Chadwell St Mary, Grays, Thurrock, RM16 4TD£375,000£375,000£0014 Mar 202330 May 202377 Days
18 Rykhill, Grays, Thurrock, RM16 4RR£375,000£375,000£0004 Jan 202305 May 2023121 Days
51 Ingleby Road, Grays, Thurrock, RM16 4RJ£400,000£385,000-£15,00020 Jan 202327 Apr 202397 Days

Most Expensive Streets in Chadwell St Mary

PostcodeStreetAreaAverageNo. of Sales
RM16 4UZOrsett Heath CrescentGrays£592,5003
RM16 4STCedar RoadGrays£430,0003
RM16 4UYOrsett Heath CrescentGrays£423,08312
RM16 4UNCherry WalkGrays£411,5007
RM16 4UPHeath RoadGrays£397,3333
RM16 4BPThames DriveGrays£386,3333
RM16 4NJSt Teresa WalkGrays£377,3333
RM16 4LRSandy LaneChadwell St Mary£373,3333
RM16 4RTLonghouse RoadGrays£365,6005
RM16 4NUSt Augustine RoadGrays£362,5004

Least Expensive Streets in Chadwell St Mary

PostcodeStreetAreaAverageNo. of Sales
RM16 4BHChelmer HouseRiverview£150,6663
RM16 4BJRiverviewChadwell St Mary£237,6656
RM16 4XLHaig RoadGrays£241,9166
RM16 4LXVigerons WayGrays£246,3333
RM16 4TTAlexandra CloseGrays£252,2504
RM16 4JEFelicia WayGrays£253,9405
RM16 4TZCourtney RoadChadwell St Mary£255,8333
RM16 4NBAluric CloseGrays£255,8758
RM16 4ERTempler AvenueGrays£270,0003
RM16 4XJHeath RoadGrays£271,6663

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