RM16 3AH is a residential postcode situated on Farm Road, Orsett, Grays, RM16 with 12 addresses.
It ranks as the 182nd largest and 458th most expensive of the 673 postcodes in the RM16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 11 houses and 1 flat.
RM16 3AH is a residential postcode situated on Farm Road, Orsett, Grays, RM16 with 12 addresses.
It ranks as the 182nd largest and 458th most expensive of the 673 postcodes in the RM16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 11 houses and 1 flat.
Sale prices range from £157,134 for 1 bedroom Leasehold flats with a garden (409 ft2) to £483,881 for 3 bedroom freehold houses with a garden (925 ft2) .
Monthly rental prices range from £1,106 pcm for 1 bed flats to £2,091 pcm for 3 bed houses.
The gross rental yield is between 5.2% and 8.4%.
The average value per square foot is £583.
The last sale in RM16 3AH sold for £475,000 on 25th February 2025. Since then prices are up an average of 1.8%.
The current average value in the postcode is £438,948.
The RM16 3AH Sales Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £438,948 |
| April 2025 | 3.2% | £430,844 |
| April 2024 | -2.7% | £417,519 |
| April 2023 | 1.8% | £429,087 |
| April 2022 | 9.5% | £421,417 |
| April 2021 | 6.3% | £384,913 |
| April 2020 | 0.2% | £361,973 |
| April 2019 | -1.4% | £361,095 |
| April 2018 | 3.8% | £366,105 |
| April 2017 | 6.1% | £352,732 |
| April 2016 | 19.4% | £332,540 |
| April 2015 | 15.5% | £278,500 |
| April 2014 | 10.4% | £241,092 |
| April 2013 | 2% | £218,443 |
| April 2012 | -1.9% | £214,131 |
| April 2011 | -0.3% | £218,253 |
| April 2010 | 2.6% | £218,871 |
| April 2009 | -14.4% | £213,225 |
| April 2008 | 3.4% | £249,228 |
| April 2007 | 0% | £241,118 |
The current average rental value in the postcode is £1,967.
The RM16 3AH Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,967pcm |
| April 2025 | 5.1% | £1,897pcm |
| April 2024 | 13% | £1,804pcm |
| April 2023 | 7.8% | £1,597pcm |
| April 2022 | 8.1% | £1,481pcm |
| April 2021 | 1.8% | £1,370pcm |
| April 2020 | 1.2% | £1,346pcm |
| April 2019 | -0.5% | £1,330pcm |
| April 2018 | 0.8% | £1,337pcm |
| April 2017 | 2.5% | £1,326pcm |
| April 2016 | 7.5% | £1,294pcm |
| April 2015 | 7.6% | £1,204pcm |
| April 2014 | 3.3% | £1,119pcm |
| April 2013 | 4.3% | £1,083pcm |
| April 2012 | 2.4% | £1,038pcm |
| April 2011 | 4% | £1,013pcm |
| April 2010 | 0.7% | £974pcm |
| April 2009 | -5.6% | £968pcm |
| April 2008 | 5.8% | £1,025pcm |
| April 2007 | 0% | £969pcm |
The last sale was on 25th February 2025 for £475,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 13 sales since 1995.
RM16 3AH has seen 2 sales in the last three years and no sales in the last twelve months.
RM16 3AH is the 182nd largest and the 458th most expensive postcode out of the 673 postcodes in the RM16 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM16 3AH, 53.7% of property is privately owned outright and 36.8% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM16 3AH, 12.1% of residents are recorded as possessing school level qualifications and 21.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM16 3AH, the average age was 38.6 and the most common age was 7.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM16 3AH, 0.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM16 3AH, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.