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House Prices in RM16

The average house price in RM16 (Grays) is £436,498 using HM Land Registry data.

The average property price increased by £42,562 (10.94%) over the last 5 years and increased by £8,506 (2.01%) over the last 12 months.

Over the last year, there were 465 residential property sales – an increase of 18 transactions (3.87%) relative to the previous year. The majority of house sales (109) were in the £376,000 - £444,000 range. Then came properties in the £308,000 - £376,000 range, where 103 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,323 (-2%).

In Nov 2025, there were 55 new estate agency instructions, 47 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in RM16 (Grays)

10.94%

Property prices in RM16 (Grays) increased by 10.94% 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

2.01%

Property prices in RM16 (Grays) increased by 2.01% 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) - Nov 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 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
75 Godman Road, Grays, RM16 4TD	£375,000	£350,000	-£25,000	11 Aug 2025	05 Dec 2025	116 Days
35 Merlin Close, Chafford Hundred, Grays, RM16 6RY	£190,000	£180,000	-£10,000	04 Jun 2025	28 Nov 2025	177 Days
2 Felicia Way, Grays, RM16 4JE	£280,000	£265,000	-£15,000	18 Jan 2025	26 Nov 2025	312 Days
1b, Highfield Gardens, Grays, RM16 2NT	£420,000	£375,000	-£45,000	15 Jul 2025	14 Nov 2025	122 Days
83 Southwell Close, Chafford Hundred, Grays, RM16 6AZ	£219,995	£215,000	-£4,995	15 Jul 2025	04 Nov 2025	112 Days
16 Archates Avenue, Grays, RM16 6QS	£540,000	£510,000	-£30,000	06 Mar 2025	24 Oct 2025	232 Days
40 Randall Drive, Grays, RM16 3GT	£280,000	£272,000	-£8,000	01 Apr 2025	24 Oct 2025	206 Days
22 Cole Avenue, Grays, RM16 4JN	£325,000	£325,000	£0	01 Jun 2025	21 Oct 2025	142 Days
92 Woodside Close, Grays, RM16 2DN	£400,000	£395,000	-£5,000	05 Mar 2025	17 Oct 2025	226 Days
5 Cole Avenue, Grays, RM16 4JN	£350,000	£340,000	-£10,000	01 Apr 2025	03 Oct 2025	185 Days
84 Havilah, Gilbert Road, Chafford Hundred, Grays, RM16 6NJ	£440,000	£420,000	-£20,000	07 May 2025	26 Sep 2025	142 Days
84 Meadow Road, Stifford Clays, Grays, RM16 2EX	£440,000	£430,000	-£10,000	07 May 2025	25 Sep 2025	141 Days
49 Highfield Gardens, Grays, RM16 2NT	£370,000	£360,000	-£10,000	19 Feb 2025	22 Sep 2025	215 Days
13 Culford Road, Grays, RM16 2SS	£370,000	£345,000	-£25,000	19 Feb 2025	22 Sep 2025	215 Days
62 Oakway, Stifford Clays, Grays, RM16 2HR	£425,000	£424,000	-£1,000	19 May 2025	22 Sep 2025	126 Days
57 Hogg Lane, Grays, RM16 6QP	£425,000	£385,000	-£40,000	19 May 2025	19 Sep 2025	123 Days
61 Lancaster Road, Chafford Hundred, Grays, RM16 6EA	£385,000	£355,000	-£30,000	23 May 2025	18 Sep 2025	118 Days
63 Gordon Road, Grays, RM16 2GN	£365,000	£345,000	-£20,000	21 Feb 2025	12 Sep 2025	203 Days
123 River View, Grays, RM16 4BA	£350,000	£350,000	£0	17 Mar 2025	03 Sep 2025	170 Days
33 Maunder Close, Chafford Hundred, Grays, RM16 6BW	£475,000	£440,000	-£35,000	12 Oct 2024	29 Aug 2025	321 Days

Most Expensive Streets in RM16 (Grays)

Postcode	Street	Area	Average	No. of Sales
RM16 3JU	Rectory Road, Orsett	Grays	£950,000	3
RM16 3JA	Herga Hyll	Grays	£820,000	3
RM16 3ED	Penn Close	Grays	£766,666	3
RM16 3JE	Whitmore Close	Grays	£715,000	3
RM16 3EH	Rectory Road	Grays	£650,250	6
RM16 2PS	Long Lane, Stifford Clays	Grays	£648,333	3
RM16 2XX	Connaught Avenue	Grays	£640,416	6
RM16 5UU	Birchfield, North Stifford	Grays	£636,000	3
RM16 5US	Guardian Avenue, North Stifford	Grays	£629,000	3
RM16 3HQ	Cassell Close	Grays	£623,333	3

Least Expensive Streets in RM16 (Grays)

Postcode	Street	Area	Average	No. of Sales
RM16 2AZ	Collier Court, Crammavill Street, Stifford Clays	Grays	£163,730	13
RM16 6QU	Armada Court	Grays	£198,250	6
RM16 2EW	Barrow Hall House, Woodside Close	Grays	£205,875	4
RM16 6PF	Dudley Close, Chafford Hundred	Grays	£211,805	10
RM16 4BJ	River View	Grays	£214,332	6
RM16 6PG	Dudley Close, Chafford Hundred	Grays	£215,233	15
RM16 6DG	Trelawney Place, Howard Road	Grays	£223,062	16
RM16 6RY	Merlin Close, Chafford Hundred	Grays	£224,115	13
RM16 6BP	Rawlyn Close, Chafford Hundred	Grays	£225,333	6
RM16 6GX	Philip Sidney Court, Philip Sidney Road	Grays	£225,958	12