Thames Drive - RM16 4BL
Key Postcode Insights
RM16 4BL is a residential postcode situated on Thames Drive, Grays, RM16 with 13 addresses.
It ranks as the 205th largest and 155th 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 13 properties: 13 houses.
- Ave. Sale Price
- £357,556
- 10 Year change
- up 33.3%
- Ave. Rental Price
- £1,928pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £376/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
RM16 4BL is a residential postcode situated on Thames Drive, Grays, RM16 with 13 addresses.
It ranks as the 205th largest and 155th 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 13 properties: 13 houses.
- Ave. Sale Price
- £357,556
- 10 Year change
- up 33.3%
- Ave. Rental Price
- £1,928pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £376/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin RM16 4BL
- 2 Thames Drive
Unknown
- 4 Thames Drive
3 Bed Mid-century House
- 6 Thames Drive
3 Bed Mid-century House
- 8 Thames Drive
4 Bed Mid-century House
- 10 Thames Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in RM16 4BL sold for £272,500 on 26th February 2025. Since then prices are up an average of 1.8%.
The current average value in the postcode is £357,556.
The RM16 4BL Sales Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £357,556 |
| June 2025 | 2.9% | £353,779 |
| June 2024 | -2.4% | £343,717 |
| June 2023 | 0.1% | £352,216 |
| June 2022 | 11.1% | £351,992 |
| June 2021 | 8.1% | £316,942 |
| June 2020 | 1.2% | £293,218 |
| June 2019 | -1.4% | £289,809 |
| June 2018 | 4.4% | £293,799 |
| June 2017 | 4.9% | £281,464 |
| June 2016 | 19.3% | £268,256 |
| June 2015 | 15.4% | £224,871 |
| June 2014 | 13.3% | £194,920 |
| June 2013 | 2.9% | £171,965 |
| June 2012 | 0.2% | £167,040 |
| June 2011 | -1.4% | £166,755 |
| June 2010 | 7.3% | £169,167 |
| June 2009 | -13.4% | £157,687 |
| June 2008 | -1% | £182,026 |
| June 2007 | 0% | £183,847 |
Rental Market Trends
The current average rental value in the postcode is £1,928.
The RM16 4BL Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,928pcm |
| June 2025 | 5.7% | £1,848pcm |
| June 2024 | 9.6% | £1,749pcm |
| June 2023 | 12.5% | £1,596pcm |
| June 2022 | 8.6% | £1,418pcm |
| June 2021 | 3.2% | £1,306pcm |
| June 2020 | 2.6% | £1,265pcm |
| June 2019 | 1.3% | £1,234pcm |
| June 2018 | 0.7% | £1,218pcm |
| June 2017 | 0.3% | £1,209pcm |
| June 2016 | 7.5% | £1,205pcm |
| June 2015 | 9.3% | £1,121pcm |
| June 2014 | 5.3% | £1,025pcm |
| June 2013 | 3.8% | £973pcm |
| June 2012 | 5% | £938pcm |
| June 2011 | 3.1% | £893pcm |
| June 2010 | 5.9% | £867pcm |
| June 2009 | -5.1% | £819pcm |
| June 2008 | 5.3% | £863pcm |
| June 2007 | 0% | £819pcm |
Sales History
The last sale was on 26th February 2025 for £272,500 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 4BL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£272,500 | 2 Bed House13A, Thames Drive, Grays, RM16 4BL13A, Thames Drive, Grays, RM16 4BL
- Sold Dec 2022£377,500 | 3 Bed House10, Thames Drive, Grays, RM16 4BL10, Thames Drive, Grays, RM16 4BL
- Sold Jun 2019£320,000 | 3 Bed House4, Thames Drive, Grays, RM16 4BL4, Thames Drive, Grays, RM16 4BL
- Sold Dec 2018£295,000 | 3 Bed House16, Thames Drive, Grays, RM16 4BL16, Thames Drive, Grays, RM16 4BL
- Sold Sep 2014£250,000 | 5 Bed House13, Thames Drive, Grays, RM16 4BL13, Thames Drive, Grays, RM16 4BL
Nearby Postcodes
RM16 4BL is the 205th largest and the 155th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 4BJ, River View, Chadwell St. Mary, Grays, RM16RM16 4BJ33 Addresses|77 m away
- RM16 4BS, Stour Road, Grays, RM16RM16 4BS24 Addresses|85 m away
- RM16 4DH, River View, Chadwell St. Mary, Grays, RM16RM16 4DH5 Addresses|138 m away
- RM16 4BH, River View, Chadwell St. Mary, Grays, RM16RM16 4BH23 Addresses|142 m away
- RM16 4BP, Thames Drive, Grays, RM16RM16 4BP28 Addresses|147 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (8)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2020£437,000 | 4 Bed House19, Thames Drive, Grays, RM16 4BP19, Thames Drive, Grays, RM16 4BP
- Sold Dec 2022£377,500 | 3 Bed House10, Thames Drive, Grays, RM16 4BL10, Thames Drive, Grays, RM16 4BL
- Sold May 2022£365,000 | 3 Bed House20, Thames Drive, Grays, RM16 4BP20, Thames Drive, Grays, RM16 4BP
Schools Nearby
- Chadwell St Mary Primary School200 m away
- The Gateway Primary Free School600 m away
- Herringham Primary Academy700 m away
- The Gateway Academy600 m away
- Orsett Heath Academy1.8 km away
- Grays Convent High School2.5 km away
More reading links
Public Transport Nearby
The closest station to RM16 4BL is Tilbury Town station, which is 2.2 kilometres away.
- Tilbury Town|2.2 km away
- Grays|3.1 km away
- East Tilbury|3.3 km away
- Gravesend|4.4 km away
