Chafford Way - RM16 2EB
Key Postcode Insights
RM16 2EB is a residential postcode situated on Chafford Way, Grays, RM16 with 44 addresses.
It ranks as the 560th largest and 210th most expensive of the 673 postcodes in the RM16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 28 houses and 16 flats.
- Ave. Sale Price
- £310,056
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £1,729pcm
- 10 Year change
- up 54.0%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
RM16 2EB is a residential postcode situated on Chafford Way, Grays, RM16 with 44 addresses.
It ranks as the 560th largest and 210th most expensive of the 673 postcodes in the RM16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 28 houses and 16 flats.
- Ave. Sale Price
- £310,056
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £1,729pcm
- 10 Year change
- up 54.0%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin RM16 2EB
- 2 Chafford Way
3 Bed Mid-century House
- 4 Chafford Way
3 Bed Mid-century House
- 5 Chafford Way
Unknown
- 6 Chafford Way
3 Bed Mid-century House
- 7 Chafford Way
3 Bed Mid-century House
Sales Market Trends
The last sale in RM16 2EB sold for £372,500 on 8th August 2024. Since then prices are up an average of 3.5%.
The current average value in the postcode is £310,056.
The RM16 2EB Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £310,056 |
| June 2025 | 2.8% | £307,086 |
| June 2024 | -1.8% | £298,707 |
| June 2023 | -0.4% | £304,327 |
| June 2022 | 9.5% | £305,559 |
| June 2021 | 6.8% | £278,994 |
| June 2020 | 1.7% | £261,168 |
| June 2019 | -1.7% | £256,857 |
| June 2018 | 3.3% | £261,265 |
| June 2017 | 3% | £252,938 |
| June 2016 | 17.9% | £245,555 |
| June 2015 | 11.7% | £208,312 |
| June 2014 | 11.3% | £186,429 |
| June 2013 | 3.3% | £167,451 |
| June 2012 | -0.5% | £162,058 |
| June 2011 | 0% | £162,903 |
| June 2010 | 9.6% | £162,983 |
| June 2009 | -14.6% | £148,752 |
| June 2008 | -1% | £174,100 |
| June 2007 | 0% | £175,932 |
Rental Market Trends
The current average rental value in the postcode is £1,729.
The RM16 2EB Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,729pcm |
| June 2025 | 5.2% | £1,656pcm |
| June 2024 | 9.9% | £1,574pcm |
| June 2023 | 12.5% | £1,433pcm |
| June 2022 | 7.3% | £1,274pcm |
| June 2021 | 2% | £1,187pcm |
| June 2020 | 2.6% | £1,164pcm |
| June 2019 | 1% | £1,135pcm |
| June 2018 | 0.1% | £1,124pcm |
| June 2017 | 0% | £1,123pcm |
| June 2016 | 7.7% | £1,123pcm |
| June 2015 | 8.6% | £1,042pcm |
| June 2014 | 4.9% | £960pcm |
| June 2013 | 3.7% | £915pcm |
| June 2012 | 3.9% | £883pcm |
| June 2011 | 2.8% | £850pcm |
| June 2010 | 5% | £826pcm |
| June 2009 | -5.7% | £787pcm |
| June 2008 | 5.5% | £835pcm |
| June 2007 | 0% | £792pcm |
Sales History
The last sale was on 8th August 2024 for £372,500 and since then the market in the area has increased by 3.5%. The postcode has had a total of 34 sales since 1995.
RM16 2EB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£372,500 | 3 Bed House9, Chafford Way, Grays, RM16 2EB9, Chafford Way, Grays, RM16 2EB
- Sold Aug 2022£400,000 | 3 Bed House13, Chafford Way, Grays, RM16 2EB13, Chafford Way, Grays, RM16 2EB
- Sold Jan 2022£360,000 | 3 Bed House27, Chafford Way, Grays, RM16 2EB27, Chafford Way, Grays, RM16 2EB
- Sold Dec 2020£330,000 | 4 Bed House18, Chafford Way, Grays, RM16 2EB18, Chafford Way, Grays, RM16 2EB
- Sold Jun 2020£285,000 | 3 Bed House7, Chafford Way, Grays, RM16 2EB7, Chafford Way, Grays, RM16 2EB
Nearby Postcodes
RM16 2EB is the 560th largest and the 210th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 2JA, Whitmore Avenue, Grays, RM16RM16 2JA32 Addresses|73 m away
- RM16 2BP, Whitmore Avenue, Grays, RM16RM16 2BP21 Addresses|103 m away
- RM16 2ED, Chafford Way, Grays, RM16RM16 2ED14 Addresses|110 m away
- RM16 2DZ, Fleethall Grove, Grays, RM16RM16 2DZ34 Addresses|112 m away
- RM16 2DY, Fleethall Grove, Grays, RM16RM16 2DY20 Addresses|118 m away
Property Types
- 17 mid-century houses built between 1936 and 1979
- 15 mid-century flats built between 1936 and 1979
- 12 other addresses of unknown type
- mid-century house (17)
- mid-century flat (15)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (2)
- C (16)
- G (0)
- D (13)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Aug 2022£400,000 | 3 Bed House13, Chafford Way, Grays, RM16 2EB13, Chafford Way, Grays, RM16 2EB
- Sold Oct 2019£380,000 | 3 Bed House13, Chafford Way, Grays, RM16 2EB13, Chafford Way, Grays, RM16 2EB
- Sold Aug 2024£372,500 | 3 Bed House9, Chafford Way, Grays, RM16 2EB9, Chafford Way, Grays, RM16 2EB
Schools Nearby
- Stifford Clays Primary School100 m away
- Deneholm Primary School1.0 km away
- Tudor Court Primary School1.1 km away
- William Edwards School700 m away
- The Hathaway Academy1.1 km away
- Orsett Heath Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to RM16 2EB is Grays station, which is 2.6 kilometres away.
- Grays|2.6 km away
- Chafford Hundred Lakeside|3.1 km away
- Ockendon|3.5 km away
- Tilbury Town|4.5 km away
