Wallace Road - RM17 5AY
Key Postcode Insights
RM17 5AY is a residential postcode situated on Wallace Road, Grays, RM17 with 36 addresses.
It ranks as the 514th largest and 573rd most expensive of the 736 postcodes in the RM17 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £364,112
- 10 Year change
- up 30.1%
- Ave. Rental Price
- £1,774pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £376/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
RM17 5AY is a residential postcode situated on Wallace Road, Grays, RM17 with 36 addresses.
It ranks as the 514th largest and 573rd most expensive of the 736 postcodes in the RM17 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 36 properties: 36 houses.
- Ave. Sale Price
- £364,112
- 10 Year change
- up 30.1%
- Ave. Rental Price
- £1,774pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £376/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin RM17 5AY
- 1 Wallace Road
4 Bed Mid-century House
- 3 Wallace Road
Unknown
- 5 Wallace Road
4 Bed Early-century House
- 7 Wallace Road
Unknown
- 9 Wallace Road
Unknown
Sales Market Trends
The last sale in RM17 5AY sold for £333,000 on 28th August 2024. Since then prices are up an average of 3.3%.
The current average value in the postcode is £364,112.
The RM17 5AY Sales Market has increased by 30.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £364,112 |
| June 2025 | 3.4% | £362,718 |
| June 2024 | -1.9% | £350,789 |
| June 2023 | -0.3% | £357,623 |
| June 2022 | 9.7% | £358,556 |
| June 2021 | 7.8% | £326,708 |
| June 2020 | 1.9% | £303,111 |
| June 2019 | -1% | £297,458 |
| June 2018 | 3.9% | £300,324 |
| June 2017 | 3.2% | £288,941 |
| June 2016 | 16.4% | £279,917 |
| June 2015 | 10.3% | £240,547 |
| June 2014 | 10.6% | £218,011 |
| June 2013 | 3.6% | £197,034 |
| June 2012 | 0.7% | £190,226 |
| June 2011 | 0.7% | £188,914 |
| June 2010 | 12.4% | £187,561 |
| June 2009 | -13.4% | £166,831 |
| June 2008 | -1.9% | £192,568 |
| June 2007 | 0% | £196,238 |
Rental Market Trends
The current average rental value in the postcode is £1,774.
The RM17 5AY Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,774pcm |
| June 2025 | 5.8% | £1,710pcm |
| June 2024 | 9.7% | £1,617pcm |
| June 2023 | 12.8% | £1,474pcm |
| June 2022 | 7.7% | £1,307pcm |
| June 2021 | 2.8% | £1,213pcm |
| June 2020 | 2.7% | £1,181pcm |
| June 2019 | 1.8% | £1,149pcm |
| June 2018 | 0.7% | £1,129pcm |
| June 2017 | 0.4% | £1,121pcm |
| June 2016 | 6.7% | £1,116pcm |
| June 2015 | 7.8% | £1,046pcm |
| June 2014 | 4.6% | £971pcm |
| June 2013 | 3.8% | £928pcm |
| June 2012 | 5% | £894pcm |
| June 2011 | 3.4% | £851pcm |
| June 2010 | 7.4% | £823pcm |
| June 2009 | -4.5% | £766pcm |
| June 2008 | 4.8% | £802pcm |
| June 2007 | 0% | £766pcm |
Sales History
The last sale was on 28th August 2024 for £333,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 18 sales since 1995.
RM17 5AY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2024£333,000 | 3 Bed House65, Wallace Road, Grays, RM17 5AY65, Wallace Road, Grays, RM17 5AY
- Sold Dec 2023£360,000 | 3 Bed House33, Wallace Road, Grays, RM17 5AY33, Wallace Road, Grays, RM17 5AY
- Sold Sep 2022£430,000 | 3 Bed House51, Wallace Road, Grays, RM17 5AY51, Wallace Road, Grays, RM17 5AY
- Sold Jul 2020£308,000 | 3 Bed House69, Wallace Road, Grays, RM17 5AY69, Wallace Road, Grays, RM17 5AY
- Sold Dec 2019£290,000 | 3 Bed House43, Wallace Road, Grays, RM17 5AY43, Wallace Road, Grays, RM17 5AY
Nearby Postcodes
RM17 5AY is the 514th largest and the 573rd most expensive postcode out of the 736 postcodes in the RM17 area.
- RM17 5AZ, Wallace Road, Grays, RM17RM17 5AZ24 Addresses|45 m away
- RM17 5JX, Russell Road, Grays, RM17RM17 5JX27 Addresses|158 m away
- RM17 5LR, Hollis Place, Grays, RM17RM17 5LR24 Addresses|184 m away
- RM17 5RF, Ward Avenue, Grays, RM17RM17 5RF9 Addresses|186 m away
- RM17 5LS, Hathaway Road, Grays, RM17RM17 5LS26 Addresses|189 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 10 early-century houses built between 1912 and 1935
- 17 other addresses of unknown type
- mid-century house (7)
- house (2)
- early-century house (10)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (4)
- G (0)
- D (10)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Dec 2025£440,100 | 3 Bed House75, Wallace Road, Grays, RM17 5BB75, Wallace Road, Grays, RM17 5BB
- Sold Aug 2022£430,000 | 3 Bed House36, Wallace Road, Grays, RM17 5AZ36, Wallace Road, Grays, RM17 5AZ
- Sold Sep 2022£430,000 | 3 Bed House51, Wallace Road, Grays, RM17 5AY51, Wallace Road, Grays, RM17 5AY
Schools Nearby
- St Thomas of Canterbury Catholic Primary School500 m away
- Quarry Hill Academy700 m away
- Belmont Castle Academy1.0 km away
- Grays Convent High School600 m away
- The Hathaway Academy600 m away
- Thames Park Secondary School1.2 km away
More reading links
Public Transport Nearby
The closest station to RM17 5AY is Grays station, which is 1.0 kilometres away.
- Grays|1.0 km away
- Chafford Hundred Lakeside|2.4 km away
- Tilbury Town|3.4 km away
- Swanscombe|4.1 km away
