Chafford Way - RM16 2ED
Key Postcode Insights
RM16 2ED is a residential postcode situated on Chafford Way, Grays, RM16 with 14 addresses.
It ranks as the 216th largest and 265th 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 14 properties: 8 houses and 6 other properties.
- Ave. Sale Price
- £406,044
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £2,062pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
RM16 2ED is a residential postcode situated on Chafford Way, Grays, RM16 with 14 addresses.
It ranks as the 216th largest and 265th 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 14 properties: 8 houses and 6 other properties.
- Ave. Sale Price
- £406,044
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £2,062pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties in RM16 2ED
- 31 Chafford Way
House
- 33 Chafford Way
House
- 35 Chafford Way
House
- 37 Chafford Way
3 Bed Mid-century House
- 39 Chafford Way
House
Sales Market Trends
The last sale in RM16 2ED sold for £358,500 on 6th May 2020. Since then prices are up an average of 22.1%.
The current average value in the postcode is £406,044.
The RM16 2ED Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £406,044 |
| June 2025 | 3.5% | £402,883 |
| June 2024 | -2.1% | £389,203 |
| June 2023 | -0.1% | £397,408 |
| June 2022 | 10.6% | £397,841 |
| June 2021 | 7.7% | £359,724 |
| June 2020 | 1.7% | £334,156 |
| June 2019 | -1.2% | £328,506 |
| June 2018 | 3.9% | £332,490 |
| June 2017 | 3.5% | £320,031 |
| June 2016 | 17.5% | £309,122 |
| June 2015 | 11.9% | £263,086 |
| June 2014 | 11.5% | £235,128 |
| June 2013 | 3.7% | £210,876 |
| June 2012 | 0.7% | £203,413 |
| June 2011 | 0.3% | £202,054 |
| June 2010 | 11.2% | £201,478 |
| June 2009 | -14.1% | £181,216 |
| June 2008 | -1.3% | £210,975 |
| June 2007 | 0% | £213,769 |
Rental Market Trends
The current average rental value in the postcode is £2,062.
The RM16 2ED Rental Market has increased by 60.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £2,062pcm |
| June 2025 | 5.9% | £1,978pcm |
| June 2024 | 9.6% | £1,868pcm |
| June 2023 | 12.8% | £1,704pcm |
| June 2022 | 8.3% | £1,510pcm |
| June 2021 | 2.8% | £1,394pcm |
| June 2020 | 2.6% | £1,357pcm |
| June 2019 | 1.5% | £1,322pcm |
| June 2018 | 0.7% | £1,303pcm |
| June 2017 | 0.6% | £1,294pcm |
| June 2016 | 7.4% | £1,287pcm |
| June 2015 | 8.7% | £1,198pcm |
| June 2014 | 5.1% | £1,102pcm |
| June 2013 | 4% | £1,049pcm |
| June 2012 | 5.1% | £1,009pcm |
| June 2011 | 3.2% | £960pcm |
| June 2010 | 6.5% | £930pcm |
| June 2009 | -5.2% | £873pcm |
| June 2008 | 5.2% | £921pcm |
| June 2007 | 0% | £876pcm |
Sales History
The last recorded sale was on 6th May 2020 for £358,500 and since then the market in the area has increased by 22.1%.
RM16 2ED has had 3 sales since 1995, none of them in the last three years.
- Sold May 2020£358,500 | 3 Bed House64, Chafford Way, Grays, RM16 2ED64, Chafford Way, Grays, RM16 2ED
- Sold Jun 2018£312,500 | 4 Bed House70, Chafford Way, Grays, RM16 2ED70, Chafford Way, Grays, RM16 2ED
- Sold May 2017£297,500 | 3 Bed House41, Chafford Way, Grays, RM16 2ED41, Chafford Way, Grays, RM16 2ED
Nearby Postcodes
RM16 2ED is the 216th largest and the 265th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 2BT, Prince Phillip Avenue, Grays, RM16RM16 2BT13 Addresses|72 m away
- RM16 2DY, Fleethall Grove, Grays, RM16RM16 2DY20 Addresses|78 m away
- RM16 2BX, Prince Phillip Avenue, Grays, RM16RM16 2BX23 Addresses|96 m away
- RM16 2DA, Gourney Grove, Grays, RM16RM16 2DA21 Addresses|100 m away
- RM16 2JA, Whitmore Avenue, Grays, RM16RM16 2JA32 Addresses|109 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century house (8)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (6)
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 School200 m away
- Deneholm Primary School1.1 km away
- Tudor Court Primary School1.2 km away
- William Edwards School600 m away
- The Hathaway Academy1.2 km away
- Orsett Heath Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to RM16 2ED is Grays station, which is 2.7 kilometres away.
- Grays|2.7 km away
- Chafford Hundred Lakeside|3.1 km away
- Ockendon|3.4 km away
- Tilbury Town|4.6 km away
