Oakway - RM16 2HR
Key Postcode Insights
RM16 2HR is a residential postcode situated on Oakway, Grays, RM16 with 35 addresses.
It ranks as the 495th largest and 335th 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 35 properties: 35 houses.
- Ave. Sale Price
- £409,532
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £2,133pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
RM16 2HR is a residential postcode situated on Oakway, Grays, RM16 with 35 addresses.
It ranks as the 495th largest and 335th 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 35 properties: 35 houses.
- Ave. Sale Price
- £409,532
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £2,133pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Sales Market Trends
The last sale in RM16 2HR sold for £424,000 on 22nd September 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £409,532.
The RM16 2HR Sales Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £409,532 |
| June 2025 | 3.3% | £407,639 |
| June 2024 | -2% | £394,473 |
| June 2023 | -0.1% | £402,704 |
| June 2022 | 10% | £403,252 |
| June 2021 | 7.7% | £366,722 |
| June 2020 | 1.7% | £340,496 |
| June 2019 | -0.9% | £334,709 |
| June 2018 | 4% | £337,643 |
| June 2017 | 3.7% | £324,682 |
| June 2016 | 16.5% | £313,244 |
| June 2015 | 11.1% | £268,908 |
| June 2014 | 10.7% | £242,141 |
| June 2013 | 3.4% | £218,641 |
| June 2012 | 0.4% | £211,499 |
| June 2011 | 0.7% | £210,615 |
| June 2010 | 11.9% | £209,227 |
| June 2009 | -13.4% | £186,976 |
| June 2008 | -1.5% | £215,887 |
| June 2007 | 0% | £219,161 |
Rental Market Trends
The current average rental value in the postcode is £2,133.
The RM16 2HR Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £2,133pcm |
| June 2025 | 5.7% | £2,054pcm |
| June 2024 | 9.6% | £1,942pcm |
| June 2023 | 12.8% | £1,771pcm |
| June 2022 | 7.7% | £1,570pcm |
| June 2021 | 2.7% | £1,458pcm |
| June 2020 | 2.7% | £1,419pcm |
| June 2019 | 1.8% | £1,382pcm |
| June 2018 | 0.7% | £1,357pcm |
| June 2017 | 0.6% | £1,347pcm |
| June 2016 | 6.4% | £1,338pcm |
| June 2015 | 7.8% | £1,258pcm |
| June 2014 | 4.4% | £1,167pcm |
| June 2013 | 3.7% | £1,118pcm |
| June 2012 | 4.9% | £1,078pcm |
| June 2011 | 3.6% | £1,028pcm |
| June 2010 | 7.3% | £992pcm |
| June 2009 | -4.5% | £924pcm |
| June 2008 | 5% | £967pcm |
| June 2007 | 0% | £921pcm |
Sales History
The last sale was on 22nd September 2025 for £424,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 29 sales since 1995.
RM16 2HR has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£424,000 | 3 Bed House62, Oakway, Grays, RM16 2HR62, Oakway, Grays, RM16 2HR
- Sold Jan 2022£330,000 | 3 Bed House55, Oakway, Grays, RM16 2HR55, Oakway, Grays, RM16 2HR
- Sold Mar 2021£315,000 | 3 Bed House51, Oakway, Grays, RM16 2HR51, Oakway, Grays, RM16 2HR
- Sold Feb 2021£330,000 | 3 Bed House33, Oakway, Grays, RM16 2HR33, Oakway, Grays, RM16 2HR
- Sold Nov 2020£295,000 | 4 Bed House60, Oakway, Grays, RM16 2HR60, Oakway, Grays, RM16 2HR
Nearby Postcodes
RM16 2HR is the 495th largest and the 335th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 2HU, Whitmore Avenue, Grays, RM16RM16 2HU32 Addresses|64 m away
- RM16 2HA, Blackthorn Road, Grays, RM16RM16 2HA22 Addresses|77 m away
- RM16 2HB, Meadow Road, Grays, RM16RM16 2HB6 Addresses|93 m away
- RM16 2AL, Fairway, Grays, RM16RM16 2AL20 Addresses|134 m away
- RM16 2HP, Oakway, Grays, RM16RM16 2HP29 Addresses|169 m away
Property Types
- 20 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 13 other addresses of unknown type
- mid-century house (20)
- house (2)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (10)
- No EPC (15)
Schools Nearby
- Stifford Clays Primary School300 m away
- Deneholm Primary School800 m away
- Tudor Court Primary School1.5 km away
- William Edwards School400 m away
- The Hathaway Academy1.2 km away
- Orsett Heath Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to RM16 2HR is Grays station, which is 2.8 kilometres away.
- Grays|2.8 km away
- Chafford Hundred Lakeside|3.5 km away
- Ockendon|3.8 km away
- Tilbury Town|4.5 km away
