Palmers Drive - RM17 5RA
Key Postcode Insights
RM17 5RA is a residential postcode situated on Palmers Drive, Grays, RM17 with 43 addresses.
It ranks as the 587th largest and 600th most expensive of the 736 postcodes in the RM17 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 43 properties: 43 houses.
- Ave. Sale Price
- £361,835
- 10 Year change
- up 32.4%
- Ave. Rental Price
- £1,746pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
RM17 5RA is a residential postcode situated on Palmers Drive, Grays, RM17 with 43 addresses.
It ranks as the 587th largest and 600th most expensive of the 736 postcodes in the RM17 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 43 properties: 43 houses.
- Ave. Sale Price
- £361,835
- 10 Year change
- up 32.4%
- Ave. Rental Price
- £1,746pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin RM17 5RA
- 1 Palmers Drive
3 Bed House
- 2 Palmers Drive
Unknown
- 3 Palmers Drive
Unknown
- 4 Palmers Drive
2 Bed Modern House
- 5 Palmers Drive
2 Bed Modern House
Sales Market Trends
The last sale in RM17 5RA sold for £400,000 on 30th April 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £361,835.
The RM17 5RA Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £361,835 |
| June 2025 | 3% | £360,205 |
| June 2024 | -2.3% | £349,699 |
| June 2023 | 0% | £358,074 |
| June 2022 | 10.4% | £358,164 |
| June 2021 | 8.4% | £324,289 |
| June 2020 | 1% | £299,233 |
| June 2019 | -1.2% | £296,381 |
| June 2018 | 4.7% | £299,841 |
| June 2017 | 4.7% | £286,264 |
| June 2016 | 19% | £273,283 |
| June 2015 | 14.8% | £229,591 |
| June 2014 | 12.3% | £199,976 |
| June 2013 | 2.6% | £178,151 |
| June 2012 | -0.1% | £173,678 |
| June 2011 | -1.3% | £173,904 |
| June 2010 | 8.8% | £176,130 |
| June 2009 | -12.6% | £161,951 |
| June 2008 | -1.6% | £185,248 |
| June 2007 | 0% | £188,168 |
Rental Market Trends
The current average rental value in the postcode is £1,746.
The RM17 5RA Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,746pcm |
| June 2025 | 5.8% | £1,679pcm |
| June 2024 | 9.7% | £1,587pcm |
| June 2023 | 12.6% | £1,447pcm |
| June 2022 | 7.7% | £1,285pcm |
| June 2021 | 2.8% | £1,193pcm |
| June 2020 | 2.7% | £1,161pcm |
| June 2019 | 1.8% | £1,130pcm |
| June 2018 | 0.6% | £1,110pcm |
| June 2017 | 0.5% | £1,104pcm |
| June 2016 | 6.8% | £1,098pcm |
| June 2015 | 7.9% | £1,028pcm |
| June 2014 | 4.6% | £953pcm |
| June 2013 | 3.9% | £912pcm |
| June 2012 | 4.9% | £877pcm |
| June 2011 | 3.4% | £836pcm |
| June 2010 | 7.4% | £809pcm |
| June 2009 | -4.4% | £753pcm |
| June 2008 | 4.4% | £788pcm |
| June 2007 | 0% | £754pcm |
Sales History
The last sale was on 30th April 2026 for £400,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 66 sales since 1995.
RM17 5RA has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£400,000 | 3 Bed House15, Palmers Drive, Grays, RM17 5RA15, Palmers Drive, Grays, RM17 5RA
- Sold Dec 2025£240,000 | 2 Bed House43, Palmers Drive, Grays, RM17 5RA43, Palmers Drive, Grays, RM17 5RA
- Sold Dec 2024£360,000 | 4 Bed House12, Palmers Drive, Grays, RM17 5RA12, Palmers Drive, Grays, RM17 5RA
- Sold May 2024£367,000 | 3 Bed House9, Palmers Drive, Grays, RM17 5RA9, Palmers Drive, Grays, RM17 5RA
- Sold Sep 2022£465,000 | 4 Bed House57, Palmers Drive, Grays, RM17 5RA57, Palmers Drive, Grays, RM17 5RA
Nearby Postcodes
RM17 5RA is the 587th largest and the 600th most expensive postcode out of the 736 postcodes in the RM17 area.
- RM17 5QU, Addison Gardens, Grays, RM17RM17 5QU19 Addresses|52 m away
- RM17 5RB, Butler Walk, Grays, RM17RM17 5RB7 Addresses|96 m away
- RM17 5RD, Mcleod Close, Grays, RM17RM17 5RD16 Addresses|106 m away
- RM17 5QX, Walpole Close, Grays, RM17RM17 5QX9 Addresses|109 m away
- RM17 5SU, Chadwell Road, Grays, RM17RM17 5SU24 Addresses|134 m away
Property Types
- 20 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 16 other addresses of unknown type
- modern house (20)
- mid-century house (5)
- house (2)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (11)
- G (0)
- D (12)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Sep 2022£465,000 | 4 Bed House57, Palmers Drive, Grays, RM17 5RA57, Palmers Drive, Grays, RM17 5RA
- Sold Apr 2026£400,000 | 3 Bed House15, Palmers Drive, Grays, RM17 5RA15, Palmers Drive, Grays, RM17 5RA
- Sold May 2024£367,000 | 3 Bed House9, Palmers Drive, Grays, RM17 5RA9, Palmers Drive, Grays, RM17 5RA
Schools Nearby
- Little Thurrock Primary School500 m away
- Quarry Hill Academy600 m away
- St Thomas of Canterbury Catholic Primary School800 m away
- Grays Convent High School600 m away
- The Hathaway Academy1.0 km away
- Orsett Heath Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to RM17 5RA is Grays station, which is 1.4 kilometres away.
- Grays|1.4 km away
- Tilbury Town|2.5 km away
- Chafford Hundred Lakeside|3.6 km away
- Northfleet|4.3 km away
