Rectory Road - RM16 3LB
Key Postcode Insights
RM16 3LB is a residential postcode situated on Rectory Road, Orsett, Grays, RM16 with 3 addresses.
It ranks as the 38th largest and 638th most expensive of the 673 postcodes in the RM16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £579,389
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £2,708pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
RM16 3LB is a residential postcode situated on Rectory Road, Orsett, Grays, RM16 with 3 addresses.
It ranks as the 38th largest and 638th most expensive of the 673 postcodes in the RM16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £579,389
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £2,708pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin RM16 3LB
Sales Market Trends
The last sale in RM16 3LB sold for £799,995 on 17th October 2006. Since then prices are down an average of 0.0%.
The current average value in the postcode is £579,389.
The RM16 3LB Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £579,389 |
| June 2025 | 2.8% | £577,260 |
| June 2024 | -2.4% | £561,304 |
| June 2023 | 0.2% | £574,948 |
| June 2022 | 10.2% | £573,936 |
| June 2021 | 7.3% | £520,766 |
| June 2020 | 1.9% | £485,200 |
| June 2019 | -0.5% | £476,064 |
| June 2018 | 3.8% | £478,446 |
| June 2017 | 4.5% | £460,987 |
| June 2016 | 16.6% | £440,967 |
| June 2015 | 12.4% | £378,228 |
| June 2014 | 11.3% | £336,373 |
| June 2013 | 3% | £302,197 |
| June 2012 | 0.4% | £293,329 |
| June 2011 | 0% | £292,130 |
| June 2010 | 10.2% | £292,165 |
| June 2009 | -12.8% | £265,143 |
| June 2008 | -1% | £303,997 |
| June 2007 | 0% | £307,150 |
Rental Market Trends
The current average rental value in the postcode is £2,708.
The RM16 3LB Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £2,708pcm |
| June 2025 | 5.7% | £2,605pcm |
| June 2024 | 9.5% | £2,466pcm |
| June 2023 | 12.6% | £2,251pcm |
| June 2022 | 7.5% | £1,999pcm |
| June 2021 | 2.8% | £1,860pcm |
| June 2020 | 2.7% | £1,809pcm |
| June 2019 | 2.1% | £1,761pcm |
| June 2018 | 0.7% | £1,725pcm |
| June 2017 | 0.6% | £1,713pcm |
| June 2016 | 5.9% | £1,702pcm |
| June 2015 | 7.4% | £1,607pcm |
| June 2014 | 4.1% | £1,496pcm |
| June 2013 | 3.7% | £1,436pcm |
| June 2012 | 4.7% | £1,385pcm |
| June 2011 | 3.8% | £1,324pcm |
| June 2010 | 7.7% | £1,275pcm |
| June 2009 | -4.2% | £1,185pcm |
| June 2008 | 4.7% | £1,236pcm |
| June 2007 | 0% | £1,180pcm |
Sales History
The last sale was on 17th October 2006 for £799,995 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
RM16 3LB has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
RM16 3LB is the 38th largest and the 638th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 3EH, Rectory Road, Orsett, Grays, RM16RM16 3EH20 Addresses|116 m away
- RM16 3AE, The Paddocks, Orsett, Grays, RM16RM16 3AE5 Addresses|124 m away
- RM16 3LA, Fordhams Row, Orsett, Grays, RM16RM16 3LA8 Addresses|139 m away
- RM16 3ED, Penn Close, Orsett, Grays, RM16RM16 3ED11 Addresses|142 m away
- RM16 3HA, Parkway, Orsett, Grays, RM16RM16 3HA15 Addresses|166 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Apr 2023£875,000 | 5 Bed HouseFarthings, Rectory Road, Grays, RM16 3JUFarthings, Rectory Road, Grays, RM16 3JU
- Sold Apr 2024£875,000 | 5 Bed HouseDalmain, Rectory Road, Grays, RM16 3JUDalmain, Rectory Road, Grays, RM16 3JU
- Sold Oct 2025£810,000 | 4 Bed HouseDurley, Rectory Road, Grays, RM16 3EHDurley, Rectory Road, Grays, RM16 3EH
Schools Nearby
- Orsett Church of England Primary School500 m away
- Horndon-On-the-Hill CofE Primary School2.8 km away
- Woodside Academy2.9 km away
- Orsett Heath Academy2.5 km away
- William Edwards School2.8 km away
- St Clere's School3.4 km away
More reading links
Public Transport Nearby
The closest station to RM16 3LB is Stanford-le-Hope station, which is 3.7 kilometres away.
- Stanford-le-Hope|3.7 km away
- East Tilbury|4.3 km away
- Grays|5.2 km away
- Ockendon|5.6 km away
