Wallace Road - RM17 5AZ
Key Postcode Insights
RM17 5AZ is a residential postcode situated on Wallace Road, Grays, RM17 with 24 addresses.
It ranks as the 365th largest and 596th 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 24 properties: 24 houses.
- Ave. Sale Price
- £410,038
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,988pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
RM17 5AZ is a residential postcode situated on Wallace Road, Grays, RM17 with 24 addresses.
It ranks as the 365th largest and 596th 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 24 properties: 24 houses.
- Ave. Sale Price
- £410,038
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,988pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin RM17 5AZ
- 2 Wallace Road
Unknown
- 4 Wallace Road
Unknown
- 8 Wallace Road
5 Bed Early-century House
- 10 Wallace Road
Unknown
- 12 Wallace Road
3 Bed Early-century House
Sales Market Trends
The last sale in RM17 5AZ sold for £372,000 on 14th March 2025. Since then prices are up an average of 0.9%.
The current average value in the postcode is £410,038.
The RM17 5AZ Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £410,038 |
| June 2025 | 3.4% | £408,872 |
| June 2024 | -1.9% | £395,514 |
| June 2023 | -0.3% | £403,135 |
| June 2022 | 9.4% | £404,531 |
| June 2021 | 7.8% | £369,622 |
| June 2020 | 1.9% | £342,805 |
| June 2019 | -0.8% | £336,453 |
| June 2018 | 3.9% | £339,226 |
| June 2017 | 3.3% | £326,582 |
| June 2016 | 16% | £316,112 |
| June 2015 | 10% | £272,445 |
| June 2014 | 10.4% | £247,649 |
| June 2013 | 3.5% | £224,362 |
| June 2012 | 0.6% | £216,773 |
| June 2011 | 0.8% | £215,404 |
| June 2010 | 12.8% | £213,595 |
| June 2009 | -13.1% | £189,365 |
| June 2008 | -2.2% | £217,819 |
| June 2007 | 0% | £222,656 |
Rental Market Trends
The current average rental value in the postcode is £1,988.
The RM17 5AZ Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,988pcm |
| June 2025 | 5.7% | £1,918pcm |
| June 2024 | 9.7% | £1,814pcm |
| June 2023 | 12.7% | £1,654pcm |
| June 2022 | 7.4% | £1,468pcm |
| June 2021 | 2.8% | £1,366pcm |
| June 2020 | 2.7% | £1,329pcm |
| June 2019 | 1.9% | £1,294pcm |
| June 2018 | 0.7% | £1,269pcm |
| June 2017 | 0.5% | £1,261pcm |
| June 2016 | 6.3% | £1,254pcm |
| June 2015 | 7.5% | £1,179pcm |
| June 2014 | 4.3% | £1,097pcm |
| June 2013 | 3.7% | £1,052pcm |
| June 2012 | 5% | £1,014pcm |
| June 2011 | 3.6% | £966pcm |
| June 2010 | 7.8% | £933pcm |
| June 2009 | -4.2% | £866pcm |
| June 2008 | 4.5% | £903pcm |
| June 2007 | 0% | £865pcm |
Sales History
The last sale was on 14th March 2025 for £372,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 24 sales since 1995.
RM17 5AZ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£372,000 | 3 Bed House44, Wallace Road, Grays, RM17 5AZ44, Wallace Road, Grays, RM17 5AZ
- Sold Jun 2024£370,000 | 4 Bed House46, Wallace Road, Grays, RM17 5AZ46, Wallace Road, Grays, RM17 5AZ
- Sold Aug 2022£430,000 | 3 Bed House36, Wallace Road, Grays, RM17 5AZ36, Wallace Road, Grays, RM17 5AZ
- Sold Mar 2022£425,000 | 4 Bed House28, Wallace Road, Grays, RM17 5AZ28, Wallace Road, Grays, RM17 5AZ
- Sold Nov 2021£375,000 | 4 Bed House38, Wallace Road, Grays, RM17 5AZ38, Wallace Road, Grays, RM17 5AZ
Nearby Postcodes
RM17 5AZ is the 365th largest and the 596th most expensive postcode out of the 736 postcodes in the RM17 area.
- RM17 5AY, Wallace Road, Grays, RM17RM17 5AY36 Addresses|45 m away
- RM17 5LR, Hollis Place, Grays, RM17RM17 5LR24 Addresses|141 m away
- RM17 5RF, Ward Avenue, Grays, RM17RM17 5RF9 Addresses|142 m away
- RM17 5LS, Hathaway Road, Grays, RM17RM17 5LS26 Addresses|153 m away
- RM17 5JX, Russell Road, Grays, RM17RM17 5JX27 Addresses|169 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 12 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (2)
- early-century house (12)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (10)
- No EPC (10)
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
- Tudor Court Primary School1.0 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 5AZ 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