RM16 3NS is a residential postcode situated on High Road, Orsett, Grays, RM16 with 5 addresses.
It ranks as the 77th largest and 260th most expensive of the 673 postcodes in the RM16 area.
The postcode contains a total of 5 properties: 1 house and 4 flats.
RM16 3NS is a residential postcode situated on High Road, Orsett, Grays, RM16 with 5 addresses.
It ranks as the 77th largest and 260th most expensive of the 673 postcodes in the RM16 area.
The postcode contains a total of 5 properties: 1 house and 4 flats.
Sale prices range from £213,196 for 1 bedroom freehold houses with a garden (258 ft2) to £426,177 for 2 bedroom leasehold flats (1,905 ft2) .
Monthly rental prices range from £1,082 pcm for 1 bed houses to £2,324 pcm for 2 bed flats.
The gross rental yield is between 6.1% and 7.7%.
The average value per square foot is £250.
The last sale in RM16 3NS sold for £459,000 on 30th May 2022. Since then prices are down an average of 1.9%.
The current average value in the postcode is £331,398.
The RM16 3NS Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £331,398 |
| May 2025 | 1.4% | £332,996 |
| May 2024 | -2.3% | £328,344 |
| May 2023 | 0.3% | £335,920 |
| May 2022 | 8.8% | £334,777 |
| May 2021 | 4.3% | £307,840 |
| May 2020 | 1.5% | £295,067 |
| May 2019 | -1.2% | £290,654 |
| May 2018 | 3.4% | £294,119 |
| May 2017 | 3.9% | £284,406 |
| May 2016 | 16.6% | £273,748 |
| May 2015 | 13.2% | £234,703 |
| May 2014 | 10% | £207,284 |
| May 2013 | 2.2% | £188,374 |
| May 2012 | 0.5% | £184,295 |
| May 2011 | -0.3% | £183,435 |
| May 2010 | 6.3% | £183,977 |
| May 2009 | -14.9% | £173,029 |
| May 2008 | 1.1% | £203,378 |
| May 2007 | 0% | £201,227 |
The current average rental value in the postcode is £1,847.
The RM16 3NS Rental Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £1,847pcm |
| May 2025 | 3.5% | £1,800pcm |
| May 2024 | 9.4% | £1,740pcm |
| May 2023 | 13.3% | £1,590pcm |
| May 2022 | 5.9% | £1,403pcm |
| May 2021 | 0.5% | £1,324pcm |
| May 2020 | 3.1% | £1,318pcm |
| May 2019 | 0.5% | £1,278pcm |
| May 2018 | 0.2% | £1,271pcm |
| May 2017 | -1.1% | £1,269pcm |
| May 2016 | 6.6% | £1,283pcm |
| May 2015 | 7.3% | £1,203pcm |
| May 2014 | 4.4% | £1,121pcm |
| May 2013 | 3.5% | £1,074pcm |
| May 2012 | 5.4% | £1,037pcm |
| May 2011 | 3.1% | £984pcm |
| May 2010 | 3.5% | £954pcm |
| May 2009 | -5.8% | £922pcm |
| May 2008 | 5.4% | £979pcm |
| May 2007 | 0% | £928pcm |
The last sale was on 30th May 2022 for £459,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 6 sales since 1995.
RM16 3NS has seen no sales in the last three years and no sales in the last twelve months.
RM16 3NS is the 77th largest and the 260th most expensive postcode out of the 673 postcodes in the RM16 area.
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The closest station to RM16 3NS is Stanford-le-Hope station which is 4.3 kilometres away.
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