RM17 5LX is a residential postcode situated on Orchard Drive, Grays, RM17 with 29 addresses.
It ranks as the 429th largest and 92nd most expensive of the 736 postcodes in the RM17 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 1 house and 28 flats.
RM17 5LX is a residential postcode situated on Orchard Drive, Grays, RM17 with 29 addresses.
It ranks as the 429th largest and 92nd most expensive of the 736 postcodes in the RM17 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 1 house and 28 flats.
Sale prices range from £192,113 for 2 bedroom Leasehold flats (484 ft2) to £318,171 for 3 bedroom freehold houses with a garden (710 ft2) .
Monthly rental prices range from £1,213 pcm for 2 bed flats to £1,574 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 7.6%.
The average value per square foot is £372.
The current average value in the postcode is £196,460.
The RM17 5LX Sales Market has increased by 24.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £196,460 |
| April 2025 | 2.5% | £195,387 |
| April 2024 | -2.6% | £190,653 |
| April 2023 | 1.9% | £195,795 |
| April 2022 | 8.3% | £192,215 |
| April 2021 | 4.2% | £177,564 |
| April 2020 | 1.5% | £170,467 |
| April 2019 | -0.8% | £167,920 |
| April 2018 | 2.9% | £169,256 |
| April 2017 | 4.1% | £164,520 |
| April 2016 | 15.7% | £157,982 |
| April 2015 | 11.9% | £136,557 |
| April 2014 | 8% | £122,041 |
| April 2013 | 3.5% | £112,971 |
| April 2012 | -0.6% | £109,147 |
| April 2011 | 1% | £109,808 |
| April 2010 | 6.4% | £108,706 |
| April 2009 | -14.4% | £102,136 |
| April 2008 | 1.7% | £119,301 |
| April 2007 | 0% | £117,313 |
The current average rental value in the postcode is £1,225.
The RM17 5LX Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,225pcm |
| April 2025 | 4.6% | £1,198pcm |
| April 2024 | 13% | £1,146pcm |
| April 2023 | 7.8% | £1,014pcm |
| April 2022 | 7% | £941pcm |
| April 2021 | 0.7% | £879pcm |
| April 2020 | 1.4% | £873pcm |
| April 2019 | -0.3% | £861pcm |
| April 2018 | 0.9% | £864pcm |
| April 2017 | 2.2% | £857pcm |
| April 2016 | 6% | £838pcm |
| April 2015 | 6.6% | £791pcm |
| April 2014 | 2.5% | £742pcm |
| April 2013 | 4.6% | £724pcm |
| April 2012 | 3.8% | £692pcm |
| April 2011 | 3.8% | £666pcm |
| April 2010 | 1.8% | £642pcm |
| April 2009 | -5.4% | £631pcm |
| April 2008 | 5.4% | £667pcm |
| April 2007 | 0% | £633pcm |
RM17 5LX is the 429th largest and the 92nd most expensive postcode out of the 736 postcodes in the RM17 area.
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