Wallace Road - RM17 5BB
Key Postcode Insights
RM17 5BB is a residential postcode situated on Wallace Road, Grays, RM17 with 38 addresses.
It ranks as the 538th largest and 515th 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 38 properties: 38 houses.
- Ave. Sale Price
- £359,214
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,720pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
RM17 5BB is a residential postcode situated on Wallace Road, Grays, RM17 with 38 addresses.
It ranks as the 538th largest and 515th 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 38 properties: 38 houses.
- Ave. Sale Price
- £359,214
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,720pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin RM17 5BB
- 73 Wallace Road
3 Bed Early-century House
- 75 Wallace Road
3 Bed Early-century House
- 77 Wallace Road
3 Bed Early-century House
- 79 Wallace Road
3 Bed Early-century House
- 81 Wallace Road
3 Bed Early-century House
Sales Market Trends
The last sale in RM17 5BB sold for £440,100 on 3rd December 2025. Since then prices are up an average of 0.6%.
The current average value in the postcode is £359,214.
The RM17 5BB Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £359,214 |
| June 2025 | 3.3% | £358,651 |
| June 2024 | -1.9% | £347,193 |
| June 2023 | -0.2% | £353,823 |
| June 2022 | 9.3% | £354,623 |
| June 2021 | 7.8% | £324,420 |
| June 2020 | 1.9% | £300,879 |
| June 2019 | -0.7% | £295,268 |
| June 2018 | 4% | £297,481 |
| June 2017 | 3.3% | £286,044 |
| June 2016 | 15.7% | £276,982 |
| June 2015 | 9.8% | £239,425 |
| June 2014 | 10.2% | £218,144 |
| June 2013 | 3.3% | £197,903 |
| June 2012 | 0.7% | £191,558 |
| June 2011 | 1% | £190,148 |
| June 2010 | 13% | £188,354 |
| June 2009 | -13% | £166,693 |
| June 2008 | -2% | £191,576 |
| June 2007 | 0% | £195,442 |
Rental Market Trends
The current average rental value in the postcode is £1,720.
The RM17 5BB Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,720pcm |
| June 2025 | 5.7% | £1,661pcm |
| June 2024 | 9.7% | £1,572pcm |
| June 2023 | 12.8% | £1,433pcm |
| June 2022 | 7.3% | £1,270pcm |
| June 2021 | 2.8% | £1,184pcm |
| June 2020 | 2.7% | £1,151pcm |
| June 2019 | 2% | £1,121pcm |
| June 2018 | 0.8% | £1,099pcm |
| June 2017 | 0.5% | £1,090pcm |
| June 2016 | 6% | £1,085pcm |
| June 2015 | 7.2% | £1,023pcm |
| June 2014 | 4.2% | £954pcm |
| June 2013 | 3.5% | £916pcm |
| June 2012 | 5.1% | £885pcm |
| June 2011 | 3.7% | £842pcm |
| June 2010 | 8% | £812pcm |
| June 2009 | -4.1% | £752pcm |
| June 2008 | 4.7% | £784pcm |
| June 2007 | 0% | £749pcm |
Sales History
The last sale was on 3rd December 2025 for £440,100 and since then the market in the area has increased by 0.6%. The postcode has had a total of 23 sales since 1995.
RM17 5BB has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£440,100 | 3 Bed House75, Wallace Road, Grays, RM17 5BB75, Wallace Road, Grays, RM17 5BB
- Sold Oct 2022£340,000 | 3 Bed House95, Wallace Road, Grays, RM17 5BB95, Wallace Road, Grays, RM17 5BB
- Sold Aug 2022£280,000 | 3 Bed House95, Wallace Road, Grays, RM17 5BB95, Wallace Road, Grays, RM17 5BB
- Sold Nov 2021£370,000 | 4 Bed House145, Wallace Road, Grays, RM17 5BB145, Wallace Road, Grays, RM17 5BB
- Sold Nov 2021£275,000 | 3 Bed House147, Wallace Road, Grays, RM17 5BB147, Wallace Road, Grays, RM17 5BB
Nearby Postcodes
RM17 5BB is the 538th largest and the 515th most expensive postcode out of the 736 postcodes in the RM17 area.
- RM17 5BA, Wallace Road, Grays, RM17RM17 5BA32 Addresses|33 m away
- RM17 5AU, Dexter Close, Grays, RM17RM17 5AU50 Addresses|72 m away
- RM17 5QW, Rushdon Close, Grays, RM17RM17 5QW45 Addresses|130 m away
- RM17 5AT, Lenthall Avenue, Grays, RM17RM17 5AT38 Addresses|146 m away
- RM17 5QN, Rushdon Close, Grays, RM17RM17 5QN28 Addresses|149 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 28 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (2)
- early-century house (28)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (7)
- G (0)
- D (20)
- No EPC (8)
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
- Tudor Court Primary School800 m away
- Quarry Hill Academy900 m away
- The Hathaway Academy500 m away
- Grays Convent High School800 m away
- Thames Park Secondary School1.5 km away
More reading links
Public Transport Nearby
The closest station to RM17 5BB is Grays station, which is 1.3 kilometres away.
- Grays|1.3 km away
- Chafford Hundred Lakeside|2.4 km away
- Tilbury Town|3.6 km away
- Ockendon|4.4 km away
