Drake Road - RM16 6PS
Key Postcode Insights
RM16 6PS is a residential postcode situated on Drake Road, Chafford Hundred, Grays, RM16 with 49 addresses.
It ranks as the 599th largest and 495th 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 49 properties: 49 houses.
- Ave. Sale Price
- £486,355
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £2,251pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
RM16 6PS is a residential postcode situated on Drake Road, Chafford Hundred, Grays, RM16 with 49 addresses.
It ranks as the 599th largest and 495th 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 49 properties: 49 houses.
- Ave. Sale Price
- £486,355
- 10 Year change
- up 30.7%
- Ave. Rental Price
- £2,251pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin RM16 6PS
- 3 Drake Road
3 Bed Modern House
- 5 Drake Road
House
- 7 Drake Road
4 Bed Modern House
- 9 Drake Road
House
- 11 Drake Road
3 Bed Modern House
Sales Market Trends
The last sale in RM16 6PS sold for £450,000 on 26th September 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £486,355.
The RM16 6PS Sales Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £486,355 |
| June 2025 | 3.4% | £483,215 |
| June 2024 | -2.1% | £467,343 |
| June 2023 | -0.3% | £477,196 |
| June 2022 | 9.9% | £478,674 |
| June 2021 | 7.8% | £435,449 |
| June 2020 | 1.8% | £404,094 |
| June 2019 | -0.9% | £396,839 |
| June 2018 | 3.9% | £400,364 |
| June 2017 | 3.5% | £385,284 |
| June 2016 | 16.5% | £372,237 |
| June 2015 | 10.9% | £319,568 |
| June 2014 | 10.8% | £288,256 |
| June 2013 | 3.5% | £260,072 |
| June 2012 | 0.4% | £251,196 |
| June 2011 | 0.7% | £250,089 |
| June 2010 | 11.9% | £248,453 |
| June 2009 | -13.5% | £221,960 |
| June 2008 | -1.7% | £256,588 |
| June 2007 | 0% | £261,037 |
Rental Market Trends
The current average rental value in the postcode is £2,251.
The RM16 6PS Rental Market has increased by 59.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £2,251pcm |
| June 2025 | 5.8% | £2,163pcm |
| June 2024 | 9.6% | £2,045pcm |
| June 2023 | 12.6% | £1,867pcm |
| June 2022 | 7.8% | £1,657pcm |
| June 2021 | 2.8% | £1,537pcm |
| June 2020 | 2.7% | £1,495pcm |
| June 2019 | 1.8% | £1,456pcm |
| June 2018 | 0.7% | £1,430pcm |
| June 2017 | 0.6% | £1,420pcm |
| June 2016 | 6.6% | £1,411pcm |
| June 2015 | 7.9% | £1,325pcm |
| June 2014 | 4.6% | £1,227pcm |
| June 2013 | 3.8% | £1,174pcm |
| June 2012 | 4.8% | £1,130pcm |
| June 2011 | 3.5% | £1,078pcm |
| June 2010 | 7.2% | £1,042pcm |
| June 2009 | -4.6% | £972pcm |
| June 2008 | 4.9% | £1,019pcm |
| June 2007 | 0% | £972pcm |
Sales History
The last sale was on 26th September 2025 for £450,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 95 sales since 1995.
RM16 6PS has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£450,000 | 3 Bed House70, Drake Road, Grays, RM16 6PS70, Drake Road, Grays, RM16 6PS
- Sold Mar 2025£520,000 | 4 Bed House17, Drake Road, Grays, RM16 6PS17, Drake Road, Grays, RM16 6PS
- Sold Feb 2025£570,000 | 4 Bed House38, Drake Road, Grays, RM16 6PS38, Drake Road, Grays, RM16 6PS
- Sold Dec 2024£570,000 | 4 Bed House32, Drake Road, Grays, RM16 6PS32, Drake Road, Grays, RM16 6PS
- Sold Jan 2024£455,000 | 4 Bed House7, Drake Road, Grays, RM16 6PS7, Drake Road, Grays, RM16 6PS
Nearby Postcodes
RM16 6PS is the 599th largest and the 495th most expensive postcode out of the 673 postcodes in the RM16 area.
- RM16 6PZ, Celedon Close, Grays, RM16RM16 6PZ61 Addresses|69 m away
- RM16 6QY, Calshot Avenue, Chafford Hundred, Grays, RM16RM16 6QY33 Addresses|81 m away
- RM16 6PF, Dudley Close, Chafford Hundred, Grays, RM16RM16 6PF41 Addresses|126 m away
- RM16 6EP, Fenton Road, Chafford Hundred, Grays, RM16RM16 6EP55 Addresses|169 m away
- RM16 6NS, Calshot Avenue, Chafford Hundred, Grays, RM16RM16 6NS66 Addresses|176 m away
Property Types
- 29 modern houses built after 1980
- 1 house of an unknown age
- 19 other addresses of unknown type
- modern house (29)
- house (1)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (10)
- G (0)
- D (18)
- No EPC (20)
Top 3 Most Expensive Sales
Schools Nearby
- Tudor Court Primary School200 m away
- Warren Primary School1.2 km away
- Belmont Castle Academy1.4 km away
- The Hathaway Academy1.3 km away
- Harris Academy Chafford Hundred1.7 km away
- Grays Convent High School1.7 km away
More reading links
Public Transport Nearby
The closest station to RM16 6PS is Chafford Hundred Lakeside station, which is 1.8 kilometres away.
- Chafford Hundred Lakeside|1.8 km away
- Grays|1.9 km away
- Ockendon|3.6 km away
- Tilbury Town|4.5 km away
