Drake Road - RM16 6PP
Key Postcode Insights
RM16 6PP is a residential postcode situated on Drake Road, Chafford Hundred, Grays, RM16 with 46 addresses.
It ranks as the 583rd largest and 197th 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 46 properties: 27 houses and 19 flats.
- Ave. Sale Price
- £361,888
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £1,853pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £432/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
RM16 6PP is a residential postcode situated on Drake Road, Chafford Hundred, Grays, RM16 with 46 addresses.
It ranks as the 583rd largest and 197th 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 46 properties: 27 houses and 19 flats.
- Ave. Sale Price
- £361,888
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £1,853pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £432/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin RM16 6PP
- 2 Drake Road
4 Bed Modern House
- 4 Drake Road
3 Bed Modern House
- 6 Drake Road
4 Bed Modern House
- 8 Drake Road
4 Bed Modern House
- 10 Drake Road
4 Bed Modern House
Sales Market Trends
The last sale in RM16 6PP sold for £255,000 on 28th June 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £361,888.
The RM16 6PP Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £361,888 |
| June 2025 | 2.5% | £361,578 |
| June 2024 | -2% | £352,679 |
| June 2023 | -0.4% | £359,786 |
| June 2022 | 9.1% | £361,194 |
| June 2021 | 6.6% | £331,066 |
| June 2020 | 1.5% | £310,601 |
| June 2019 | -1.3% | £305,913 |
| June 2018 | 3.4% | £309,899 |
| June 2017 | 3.2% | £299,565 |
| June 2016 | 16.6% | £290,411 |
| June 2015 | 11.2% | £248,962 |
| June 2014 | 10.7% | £223,913 |
| June 2013 | 3% | £202,266 |
| June 2012 | 0.2% | £196,390 |
| June 2011 | 0.3% | £196,066 |
| June 2010 | 10.4% | £195,565 |
| June 2009 | -14.3% | £177,199 |
| June 2008 | -1.5% | £206,662 |
| June 2007 | 0% | £209,743 |
Rental Market Trends
The current average rental value in the postcode is £1,853.
The RM16 6PP Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,853pcm |
| June 2025 | 4.9% | £1,791pcm |
| June 2024 | 9.7% | £1,706pcm |
| June 2023 | 12.4% | £1,555pcm |
| June 2022 | 6.9% | £1,383pcm |
| June 2021 | 1.9% | £1,294pcm |
| June 2020 | 2.5% | £1,271pcm |
| June 2019 | 1.3% | £1,240pcm |
| June 2018 | 0.3% | £1,224pcm |
| June 2017 | 0.1% | £1,221pcm |
| June 2016 | 6.5% | £1,219pcm |
| June 2015 | 7.8% | £1,145pcm |
| June 2014 | 4.2% | £1,062pcm |
| June 2013 | 3.4% | £1,020pcm |
| June 2012 | 4.6% | £986pcm |
| June 2011 | 3.2% | £943pcm |
| June 2010 | 5.9% | £914pcm |
| June 2009 | -5.3% | £863pcm |
| June 2008 | 5% | £912pcm |
| June 2007 | 0% | £869pcm |
Sales History
The last sale was on 28th June 2024 for £255,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 125 sales since 1995.
RM16 6PP has seen 7 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£255,000 | 2 Bed Flat130, Drake Road, Grays, RM16 6PP130, Drake Road, Grays, RM16 6PP
- Sold Mar 2024£500,000 | 4 Bed House16, Drake Road, Grays, RM16 6PP16, Drake Road, Grays, RM16 6PP
- Sold Mar 2024£235,000 | 2 Bed Flat126, Drake Road, Grays, RM16 6PP126, Drake Road, Grays, RM16 6PP
- Sold Mar 2024£460,000 | 4 Bed House26, Drake Road, Grays, RM16 6PP26, Drake Road, Grays, RM16 6PP
- Sold Feb 2024£480,000 | 4 Bed House12, Drake Road, Grays, RM16 6PP12, Drake Road, Grays, RM16 6PP
Nearby Postcodes
RM16 6PP is the 583rd largest and the 197th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 6DU, Founes Drive, Chafford Hundred, Grays, RM16RM16 6DU27 Addresses|7 m away
- RM16 6DR, Drake Road, Chafford Hundred, Grays, RM16RM16 6DR7 Addresses|49 m away
- RM16 6DT, Founes Drive, Chafford Hundred, Grays, RM16RM16 6DT23 Addresses|63 m away
- RM16 6ER, Cumberland Road, Chafford Hundred, Grays, RM16RM16 6ER23 Addresses|82 m away
- RM16 6ET, Chester Close, Chafford Hundred, Grays, RM16RM16 6ET34 Addresses|137 m away
Property Types
- 20 modern houses built after 1980
- 15 modern flats built after 1980
- 1 house of an unknown age
- 2 flats of an unknown age
- 8 other addresses of unknown type
- modern house (20)
- modern flat (15)
- house (1)
- flat (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (21)
- G (0)
- D (12)
- No EPC (11)
Top 3 Most Expensive Sales
Schools Nearby
- Tudor Court Primary School500 m away
- Warren Primary School900 m away
- Belmont Castle Academy1.4 km away
- Harris Academy Chafford Hundred1.5 km away
- The Hathaway Academy1.6 km away
- Grays Convent High School2.0 km away
More reading links
Public Transport Nearby
The closest station to RM16 6PP is Chafford Hundred Lakeside station, which is 1.5 kilometres away.
- Chafford Hundred Lakeside|1.5 km away
- Grays|2.1 km away
- Ockendon|3.4 km away
- Tilbury Town|4.7 km away
