RM17 5RG is a residential postcode situated on Tennyson Avenue, Grays, RM17 with 39 addresses.
It ranks as the 544th largest and 681st most expensive of the 736 postcodes in the RM17 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 39 properties: 37 houses and 2 flats.
RM17 5RG is a residential postcode situated on Tennyson Avenue, Grays, RM17 with 39 addresses.
It ranks as the 544th largest and 681st most expensive of the 736 postcodes in the RM17 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 39 properties: 37 houses and 2 flats.
Sale prices range from £246,339 for 2 bedroom Leasehold flats (721 ft2) to £694,620 for 5 bedroom freehold houses with a garden (2,217 ft2) .
Monthly rental prices range from £1,346 pcm for 2 bed flats to £2,945 pcm for 5 bed houses.
The gross rental yield is between 5.0% and 6.7%.
The average value per square foot is £386.
The last sale in RM17 5RG sold for £425,000 on 20th May 2024. Since then prices are up an average of 2.6%.
The current average value in the postcode is £505,443.
The RM17 5RG Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £505,443 |
| April 2025 | 2% | £499,838 |
| April 2024 | -2.1% | £490,104 |
| April 2023 | 1.4% | £500,674 |
| April 2022 | 8.4% | £493,806 |
| April 2021 | 4.9% | £455,484 |
| April 2020 | 1.8% | £434,219 |
| April 2019 | -0.8% | £426,617 |
| April 2018 | 3% | £430,104 |
| April 2017 | 4.6% | £417,386 |
| April 2016 | 16% | £398,934 |
| April 2015 | 12% | £343,782 |
| April 2014 | 8.2% | £307,027 |
| April 2013 | 4.5% | £283,846 |
| April 2012 | -1.4% | £271,528 |
| April 2011 | 1.6% | £275,250 |
| April 2010 | 5.8% | £270,911 |
| April 2009 | -14.4% | £256,170 |
| April 2008 | 1.7% | £299,178 |
| April 2007 | 0% | £294,127 |
The current average rental value in the postcode is £2,150.
The RM17 5RG Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £2,150pcm |
| April 2025 | 4% | £2,090pcm |
| April 2024 | 13.6% | £2,010pcm |
| April 2023 | 7.3% | £1,769pcm |
| April 2022 | 7.1% | £1,648pcm |
| April 2021 | 1.1% | £1,539pcm |
| April 2020 | 1.9% | £1,522pcm |
| April 2019 | -0.2% | £1,493pcm |
| April 2018 | 0.7% | £1,496pcm |
| April 2017 | 2.3% | £1,485pcm |
| April 2016 | 5.8% | £1,451pcm |
| April 2015 | 6% | £1,372pcm |
| April 2014 | 2.3% | £1,294pcm |
| April 2013 | 6% | £1,264pcm |
| April 2012 | 3% | £1,193pcm |
| April 2011 | 4.8% | £1,158pcm |
| April 2010 | 1.8% | £1,105pcm |
| April 2009 | -5.4% | £1,085pcm |
| April 2008 | 5.1% | £1,148pcm |
| April 2007 | 0% | £1,092pcm |
The last sale was on 20th May 2024 for £425,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 25 sales since 1995.
RM17 5RG has seen 1 sale in the last three years and no sales in the last twelve months.
RM17 5RG is the 544th largest and the 681st most expensive postcode out of the 736 postcodes in the RM17 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around RM17 5RG, 54.2% of property is privately owned outright and 40.2% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM17 5RG, 13.8% of residents are recorded as possessing school level qualifications and 30.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM17 5RG, the average age was 40.9 and the most common age was 37.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM17 5RG, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM17 5RG, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.