Fairfield Avenue - RM16 2LU
Key Postcode Insights
RM16 2LU is a residential postcode situated on Fairfield Avenue, Grays, RM16 with 11 addresses.
It ranks as the 163rd largest and 505th 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 11 properties: 11 houses.
- Ave. Sale Price
- £510,571
- 10 Year change
- up 31.0%
- Ave. Rental Price
- £2,380pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £433/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
RM16 2LU is a residential postcode situated on Fairfield Avenue, Grays, RM16 with 11 addresses.
It ranks as the 163rd largest and 505th 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 11 properties: 11 houses.
- Ave. Sale Price
- £510,571
- 10 Year change
- up 31.0%
- Ave. Rental Price
- £2,380pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £433/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin RM16 2LU
- 16 Fairfield Avenue
4 Bed Early-century House
- 18 Fairfield Avenue
3 Bed Mid-century House
- 19 Fairfield Avenue
3 Bed Mid-century House
- 20 Fairfield Avenue
4 Bed Early-century House
- 21 Fairfield Avenue
4 Bed Early-century House
Sales Market Trends
The last sale in RM16 2LU sold for £460,000 on 8th November 2024. Since then prices are up an average of 2.1%.
The current average value in the postcode is £510,571.
The RM16 2LU Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £510,571 |
| June 2025 | 3.3% | £508,521 |
| June 2024 | -2% | £492,387 |
| June 2023 | 0% | £502,635 |
| June 2022 | 10% | £502,750 |
| June 2021 | 7.8% | £456,917 |
| June 2020 | 1.6% | £424,049 |
| June 2019 | -0.9% | £417,348 |
| June 2018 | 4.1% | £421,343 |
| June 2017 | 3.8% | £404,632 |
| June 2016 | 16.8% | £389,739 |
| June 2015 | 11.5% | £333,761 |
| June 2014 | 10.9% | £299,252 |
| June 2013 | 3.2% | £269,955 |
| June 2012 | 0.4% | £261,515 |
| June 2011 | 0.5% | £260,468 |
| June 2010 | 11.5% | £259,263 |
| June 2009 | -13.3% | £232,517 |
| June 2008 | -1.4% | £268,272 |
| June 2007 | 0% | £271,954 |
Rental Market Trends
The current average rental value in the postcode is £2,380.
The RM16 2LU Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £2,380pcm |
| June 2025 | 5.7% | £2,292pcm |
| June 2024 | 9.7% | £2,168pcm |
| June 2023 | 12.9% | £1,976pcm |
| June 2022 | 7.8% | £1,751pcm |
| June 2021 | 2.7% | £1,625pcm |
| June 2020 | 2.6% | £1,582pcm |
| June 2019 | 1.8% | £1,541pcm |
| June 2018 | 0.8% | £1,514pcm |
| June 2017 | 0.7% | £1,502pcm |
| June 2016 | 6.4% | £1,493pcm |
| June 2015 | 7.9% | £1,403pcm |
| June 2014 | 4.3% | £1,300pcm |
| June 2013 | 3.7% | £1,247pcm |
| June 2012 | 4.9% | £1,202pcm |
| June 2011 | 3.6% | £1,146pcm |
| June 2010 | 7.4% | £1,105pcm |
| June 2009 | -4.5% | £1,030pcm |
| June 2008 | 5.1% | £1,079pcm |
| June 2007 | 0% | £1,026pcm |
Sales History
The last sale was on 8th November 2024 for £460,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 13 sales since 1995.
RM16 2LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£460,000 | 4 Bed House16, Fairfield Avenue, Grays, RM16 2LU16, Fairfield Avenue, Grays, RM16 2LU
- Sold Aug 2022£425,000 | 3 Bed House18, Fairfield Avenue, Grays, RM16 2LU18, Fairfield Avenue, Grays, RM16 2LU
- Sold Jul 2021£525,000 | 4 Bed House21, Fairfield Avenue, Grays, RM16 2LU21, Fairfield Avenue, Grays, RM16 2LU
- Sold Jun 2021£365,000 | 4 Bed House20, Fairfield Avenue, Grays, RM16 2LU20, Fairfield Avenue, Grays, RM16 2LU
- Sold Apr 2021£469,995 | 4 Bed House22, Fairfield Avenue, Grays, RM16 2LU22, Fairfield Avenue, Grays, RM16 2LU
Nearby Postcodes
RM16 2LU is the 163rd largest and the 505th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 2LT, Fairfield Avenue, Grays, RM16RM16 2LT17 Addresses|99 m away
- RM16 2LY, Farm Drive, Grays, RM16RM16 2LY3 Addresses|119 m away
- RM16 2LS, Fairfield Avenue, Grays, RM16RM16 2LS2 Addresses|161 m away
- RM16 2LR, Ashley Gardens, Grays, RM16RM16 2LR51 Addresses|164 m away
- RM16 2LL, Blackshots Lane, Grays, RM16RM16 2LL26 Addresses|187 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (6)
- early-century house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2021£525,000 | 4 Bed House21, Fairfield Avenue, Grays, RM16 2LU21, Fairfield Avenue, Grays, RM16 2LU
- Sold Jun 2021£473,000 | 4 Bed House13, Fairfield Avenue, Grays, RM16 2LT13, Fairfield Avenue, Grays, RM16 2LT
- Sold Apr 2021£469,995 | 4 Bed House22, Fairfield Avenue, Grays, RM16 2LU22, Fairfield Avenue, Grays, RM16 2LU
Schools Nearby
- Deneholm Primary School700 m away
- Stifford Clays Primary School900 m away
- Little Thurrock Primary School1.5 km away
- William Edwards School600 m away
- Orsett Heath Academy1.0 km away
- The Hathaway Academy1.5 km away
More reading links
Public Transport Nearby
The closest station to RM16 2LU is Grays station, which is 3.0 kilometres away.
- Grays|3.0 km away
- Chafford Hundred Lakeside|4.0 km away
- Ockendon|4.2 km away
- Tilbury Town|4.3 km away
