Welling Road - RM16 3AZ
Key Postcode Insights
RM16 3AZ is a residential postcode situated on Welling Road, Orsett, Grays, RM16 with 5 addresses.
It ranks as the 70th largest and 405th most expensive of the 673 postcodes in the RM16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £420,940
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,983pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £488/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
RM16 3AZ is a residential postcode situated on Welling Road, Orsett, Grays, RM16 with 5 addresses.
It ranks as the 70th largest and 405th most expensive of the 673 postcodes in the RM16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £420,940
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £1,983pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £488/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin RM16 3AZ
- 1 Welling Mews Welling Road
3 Bed Modern House
- 2 Welling Mews Welling Road
3 Bed Modern House
- 3 Welling Mews Welling Road
3 Bed Modern House
- 4 Welling Mews Welling Road
3 Bed Modern House
- 5 Welling Mews Welling Road
3 Bed Modern House
Sales Market Trends
The last sale in RM16 3AZ sold for £425,000 on 6th July 2023. Since then prices are up an average of 1.0%.
The current average value in the postcode is £420,940.
The RM16 3AZ Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £420,940 |
| June 2025 | 2.5% | £419,364 |
| June 2024 | -2.1% | £409,164 |
| June 2023 | 0.8% | £417,823 |
| June 2022 | 10.7% | £414,588 |
| June 2021 | 6.7% | £374,482 |
| June 2020 | 2.7% | £350,964 |
| June 2019 | -1% | £341,580 |
| June 2018 | 3.2% | £345,132 |
| June 2017 | 5.1% | £334,520 |
| June 2016 | 16.7% | £318,402 |
| June 2015 | 13.2% | £272,763 |
| June 2014 | 11.5% | £240,879 |
| June 2013 | 3.4% | £215,997 |
| June 2012 | 1.7% | £208,841 |
| June 2011 | -0.8% | £205,271 |
| June 2010 | 7.9% | £206,871 |
| June 2009 | -12.7% | £191,746 |
| June 2008 | -0.1% | £219,734 |
| June 2007 | 0% | £219,867 |
Rental Market Trends
The current average rental value in the postcode is £1,983.
The RM16 3AZ Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,983pcm |
| June 2025 | 5.8% | £1,904pcm |
| June 2024 | 9.7% | £1,799pcm |
| June 2023 | 12.9% | £1,640pcm |
| June 2022 | 8% | £1,453pcm |
| June 2021 | 2.7% | £1,345pcm |
| June 2020 | 2.6% | £1,309pcm |
| June 2019 | 1.6% | £1,276pcm |
| June 2018 | 0.7% | £1,256pcm |
| June 2017 | 0.6% | £1,247pcm |
| June 2016 | 6.9% | £1,239pcm |
| June 2015 | 8.3% | £1,159pcm |
| June 2014 | 4.6% | £1,071pcm |
| June 2013 | 3.8% | £1,023pcm |
| June 2012 | 5.1% | £985pcm |
| June 2011 | 3.4% | £938pcm |
| June 2010 | 7% | £907pcm |
| June 2009 | -4.9% | £848pcm |
| June 2008 | 5.2% | £891pcm |
| June 2007 | 0% | £847pcm |
Sales History
The last sale was on 6th July 2023 for £425,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 7 sales since 1995.
RM16 3AZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£425,000 | 3 Bed House4 Welling Mews, Welling Road, Grays, RM16 3AZ4 Welling Mews, Welling Road, Grays, RM16 3AZ
- Sold Apr 2019£355,000 | 3 Bed House4 Welling Mews, Welling Road, Grays, RM16 3AZ4 Welling Mews, Welling Road, Grays, RM16 3AZ
- Sold Jul 2014£269,950 | 3 Bed House4 Welling Mews, Welling Road, Grays, RM16 3AZ4 Welling Mews, Welling Road, Grays, RM16 3AZ
- Sold Jun 2014£214,950 | 3 Bed House5 Welling Mews, Welling Road, Grays, RM16 3AZ5 Welling Mews, Welling Road, Grays, RM16 3AZ
- Sold May 2014£265,000 | 3 Bed House2 Welling Mews, Welling Road, Grays, RM16 3AZ2 Welling Mews, Welling Road, Grays, RM16 3AZ
Nearby Postcodes
RM16 3AZ is the 70th largest and the 405th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 3BF, Welling Road, Orsett, Grays, RM16RM16 3BF6 Addresses|43 m away
- RM16 3EA, Beverley Close, Orsett, Grays, RM16RM16 3EA8 Addresses|60 m away
- RM16 3DE, Welling Road, Orsett, Grays, RM16RM16 3DE12 Addresses|139 m away
- RM16 3DB, Bristowe Drive, Orsett, Grays, RM16RM16 3DB12 Addresses|151 m away
- RM16 3BT, Grosvenor Road, Orsett, Grays, RM16RM16 3BT55 Addresses|161 m away
Property Types
- 5 modern houses built after 1980
- modern house (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (4)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Orsett Church of England Primary School1.5 km away
- Herringham Primary Academy2.3 km away
- Horndon-On-the-Hill CofE Primary School2.7 km away
- St Clere's School2.3 km away
- Orsett Heath Academy2.8 km away
- The Gateway Academy3.5 km away
More reading links
Public Transport Nearby
The closest station to RM16 3AZ is Stanford-le-Hope station, which is 2.7 kilometres away.
- Stanford-le-Hope|2.7 km away
- East Tilbury|2.8 km away
- Tilbury Town|5.2 km away
- Grays|5.5 km away