RM17 5TG is a residential postcode situated on Chadwell Road, Grays, RM17 with 6 addresses.
It ranks as the 99th largest and 593rd most expensive of the 736 postcodes in the RM17 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
RM17 5TG is a residential postcode situated on Chadwell Road, Grays, RM17 with 6 addresses.
It ranks as the 99th largest and 593rd most expensive of the 736 postcodes in the RM17 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
Sale prices range from £224,560 for 2 bedroom leasehold flats (581 ft2) to £507,031 for 4 bedroom freehold houses with a garden (1,173 ft2) .
Monthly rental prices range from £1,274 pcm for 2 bed flats to £2,099 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 6.8%.
The average value per square foot is £413.
The last sale in RM17 5TG sold for £460,000 on 25th November 2022. Since then prices are down an average of 1.0%.
The current average value in the postcode is £360,394.
The RM17 5TG Sales Market has increased by 28.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £360,394 |
| April 2025 | 2.7% | £360,571 |
| April 2024 | -2.6% | £351,082 |
| April 2023 | 1.7% | £360,391 |
| April 2022 | 8.1% | £354,258 |
| April 2021 | 6.1% | £327,678 |
| April 2020 | -0.1% | £308,805 |
| April 2019 | -1.2% | £309,138 |
| April 2018 | 4.7% | £312,830 |
| April 2017 | 6.1% | £298,768 |
| April 2016 | 18% | £281,577 |
| April 2015 | 15.5% | £238,680 |
| April 2014 | 9.8% | £206,698 |
| April 2013 | 2.1% | £188,240 |
| April 2012 | -0.3% | £184,335 |
| April 2011 | -1.4% | £184,874 |
| April 2010 | 3.2% | £187,408 |
| April 2009 | -14.2% | £181,655 |
| April 2008 | 3% | £211,774 |
| April 2007 | 0% | £205,560 |
The current average rental value in the postcode is £1,668.
The RM17 5TG Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,668pcm |
| April 2025 | 4.4% | £1,642pcm |
| April 2024 | 13.1% | £1,573pcm |
| April 2023 | 7.9% | £1,390pcm |
| April 2022 | 6.8% | £1,289pcm |
| April 2021 | 0.8% | £1,207pcm |
| April 2020 | 1.5% | £1,198pcm |
| April 2019 | -0.1% | £1,180pcm |
| April 2018 | 1% | £1,180pcm |
| April 2017 | 2.1% | £1,168pcm |
| April 2016 | 5.1% | £1,144pcm |
| April 2015 | 6.2% | £1,089pcm |
| April 2014 | 2.1% | £1,025pcm |
| April 2013 | 5.2% | £1,003pcm |
| April 2012 | 4.3% | £954pcm |
| April 2011 | 3.7% | £914pcm |
| April 2010 | 2.3% | £881pcm |
| April 2009 | -5.6% | £862pcm |
| April 2008 | 5.1% | £913pcm |
| April 2007 | 0% | £869pcm |
The last sale was on 25th November 2022 for £460,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 10 sales since 1995.
RM17 5TG has seen no sales in the last three years and no sales in the last twelve months.
RM17 5TG is the 99th largest and the 593rd 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 5TG, 50.8% of property is privately owned with a mortgage and 39.2% is privately owned outright.
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 5TG, 14.1% of residents are recorded as possessing school level qualifications and 17.2% 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 5TG, 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 5TG, 0.0% 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 5TG, 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.