RM17 5BD is a residential postcode situated on Lucas Road, Grays, RM17 with 28 addresses.
It ranks as the 414th largest and 84th most expensive of the 736 postcodes in the RM17 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 flats.
RM17 5BD is a residential postcode situated on Lucas Road, Grays, RM17 with 28 addresses.
It ranks as the 414th largest and 84th most expensive of the 736 postcodes in the RM17 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 flats.
Sale prices range from £150,353 for 1 bedroom Leasehold flats (409 ft2) to £192,113 for 2 bedroom Leasehold flats (505 ft2) .
Monthly rental prices range from £1,005 pcm for 1 bed flats to £1,213 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 8.0%.
The average value per square foot is £380.
The current average value in the postcode is £190,622.
The RM17 5BD Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £190,622 |
| April 2025 | 1.3% | £187,924 |
| April 2024 | -2% | £185,473 |
| April 2023 | 0.8% | £189,271 |
| April 2022 | 6.2% | £187,807 |
| April 2021 | 2.8% | £176,766 |
| April 2020 | 1.4% | £171,880 |
| April 2019 | -1.9% | £169,588 |
| April 2018 | 1.8% | £172,797 |
| April 2017 | 3.5% | £169,704 |
| April 2016 | 16.1% | £163,934 |
| April 2015 | 11.5% | £141,233 |
| April 2014 | 7.7% | £126,679 |
| April 2013 | 1.8% | £117,660 |
| April 2012 | -2.4% | £115,610 |
| April 2011 | 0.5% | £118,466 |
| April 2010 | 5% | £117,892 |
| April 2009 | -14.4% | £112,232 |
| April 2008 | 1.7% | £131,093 |
| April 2007 | 0% | £128,864 |
The current average rental value in the postcode is £1,206.
The RM17 5BD Rental Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,206pcm |
| April 2025 | 3.4% | £1,168pcm |
| April 2024 | 13.7% | £1,130pcm |
| April 2023 | 6.6% | £994pcm |
| April 2022 | 5% | £932pcm |
| April 2021 | -0.5% | £888pcm |
| April 2020 | 1.2% | £892pcm |
| April 2019 | -1.4% | £882pcm |
| April 2018 | -0.2% | £894pcm |
| April 2017 | 1.6% | £896pcm |
| April 2016 | 6.4% | £882pcm |
| April 2015 | 6.2% | £829pcm |
| April 2014 | 2.2% | £781pcm |
| April 2013 | 2.9% | £764pcm |
| April 2012 | 1.9% | £743pcm |
| April 2011 | 3.2% | £729pcm |
| April 2010 | 0.5% | £706pcm |
| April 2009 | -5.4% | £703pcm |
| April 2008 | 5.4% | £743pcm |
| April 2007 | 0% | £705pcm |
RM17 5BD is the 414th largest and the 84th most expensive postcode out of the 736 postcodes in the RM17 area.
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