Palins Way - RM16 2UT
Key Postcode Insights
RM16 2UT is a residential postcode situated on Palins Way, Grays, RM16 with 30 addresses.
It ranks as the 455th largest and 307th 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 30 properties: 30 houses.
- Ave. Sale Price
- £397,253
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £1,993pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £427/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RM16 2UT is a residential postcode situated on Palins Way, Grays, RM16 with 30 addresses.
It ranks as the 455th largest and 307th 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 30 properties: 30 houses.
- Ave. Sale Price
- £397,253
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £1,993pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £427/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin RM16 2UT
- 1 Palins Way
3 Bed Mid-century House
- 2 Palins Way
4 Bed Mid-century House
- 3 Palins Way
3 Bed Mid-century House
- 4 Palins Way
Unknown
- 5 Palins Way
3 Bed Early-century House
Sales Market Trends
The last sale in RM16 2UT sold for £250,000 on 16th April 2025. Since then prices are up an average of 1.3%.
The current average value in the postcode is £397,253.
The RM16 2UT Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £397,253 |
| June 2025 | 3.4% | £395,236 |
| June 2024 | -1.9% | £382,143 |
| June 2023 | -0.2% | £389,654 |
| June 2022 | 9.9% | £390,310 |
| June 2021 | 7.7% | £355,010 |
| June 2020 | 1.8% | £329,589 |
| June 2019 | -1% | £323,732 |
| June 2018 | 3.9% | £327,046 |
| June 2017 | 3.5% | £314,644 |
| June 2016 | 16.4% | £304,106 |
| June 2015 | 10.7% | £261,169 |
| June 2014 | 10.6% | £235,827 |
| June 2013 | 3.5% | £213,146 |
| June 2012 | 0.6% | £205,858 |
| June 2011 | 0.8% | £204,657 |
| June 2010 | 12.1% | £203,126 |
| June 2009 | -13.6% | £181,238 |
| June 2008 | -1.5% | £209,647 |
| June 2007 | 0% | £212,895 |
Rental Market Trends
The current average rental value in the postcode is £1,993.
The RM16 2UT Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,993pcm |
| June 2025 | 5.8% | £1,918pcm |
| June 2024 | 9.7% | £1,813pcm |
| June 2023 | 12.8% | £1,653pcm |
| June 2022 | 7.9% | £1,465pcm |
| June 2021 | 2.7% | £1,358pcm |
| June 2020 | 2.6% | £1,322pcm |
| June 2019 | 1.7% | £1,288pcm |
| June 2018 | 0.7% | £1,266pcm |
| June 2017 | 0.6% | £1,257pcm |
| June 2016 | 6.6% | £1,249pcm |
| June 2015 | 8% | £1,171pcm |
| June 2014 | 4.5% | £1,084pcm |
| June 2013 | 3.8% | £1,037pcm |
| June 2012 | 5% | £1,000pcm |
| June 2011 | 3.5% | £952pcm |
| June 2010 | 7.2% | £920pcm |
| June 2009 | -4.7% | £858pcm |
| June 2008 | 5.1% | £901pcm |
| June 2007 | 0% | £857pcm |
Sales History
The last sale was on 16th April 2025 for £250,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 35 sales since 1995.
RM16 2UT has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£250,000 | 3 Bed House16, Palins Way, Grays, RM16 2UT16, Palins Way, Grays, RM16 2UT
- Sold Jan 2025£365,000 | 3 Bed House25, Palins Way, Grays, RM16 2UT25, Palins Way, Grays, RM16 2UT
- Sold Aug 2024£440,000 | 4 Bed House2, Palins Way, Grays, RM16 2UT2, Palins Way, Grays, RM16 2UT
- Sold Apr 2024£405,000 | 3 Bed House1, Palins Way, Grays, RM16 2UT1, Palins Way, Grays, RM16 2UT
- Sold Oct 2023£416,000 | 3 Bed House9, Palins Way, Grays, RM16 2UT9, Palins Way, Grays, RM16 2UT
Nearby Postcodes
RM16 2UT is the 455th largest and the 307th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 2UU, Palins Way, Grays, RM16RM16 2UU6 Addresses|72 m away
- RM16 2XA, Hogarth Road, Grays, RM16RM16 2XA15 Addresses|116 m away
- RM16 2AG, Crammavill Street, Grays, RM16RM16 2AG46 Addresses|117 m away
- RM16 2UX, Palins Way, Grays, RM16RM16 2UX13 Addresses|121 m away
- RM16 2AF, Goddard Road, Grays, RM16RM16 2AF39 Addresses|129 m away
Property Types
- 24 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (24)
- early-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (9)
- G (0)
- D (14)
- No EPC (4)
Top 3 Most Expensive Sales
Schools Nearby
- Stifford Clays Primary School400 m away
- Tudor Court Primary School800 m away
- Deneholm Primary School1.2 km away
- William Edwards School1.0 km away
- The Hathaway Academy1.1 km away
- Grays Convent High School1.8 km away
More reading links
Public Transport Nearby
The closest station to RM16 2UT is Grays station, which is 2.4 kilometres away.
- Grays|2.4 km away
- Chafford Hundred Lakeside|2.8 km away
- Ockendon|3.4 km away
- Tilbury Town|4.6 km away
