RM17 5TP is a residential postcode situated on Palmers Avenue, Grays, RM17 with 14 addresses.
It ranks as the 229th largest and 25th most expensive of the 736 postcodes in the RM17 area.
The postcode contains a total of 14 properties: 14 flats.
RM17 5TP is a residential postcode situated on Palmers Avenue, Grays, RM17 with 14 addresses.
It ranks as the 229th largest and 25th most expensive of the 736 postcodes in the RM17 area.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £133,701 for 2 bedroom leasehold flats (462 ft2) to £155,787 for 2 bedroom leasehold flats (635 ft2) .
Monthly rental prices range from £985 pcm for 2 bed flats to £1,097 pcm for 2 bed flats.
The gross rental yield is between 8.4% and 8.8%.
The average value per square foot is £252.
The last sale in RM17 5TP sold for £150,000 on 28th January 2025. Since then prices have on average remained the same.
The current average value in the postcode is £147,034.
The RM17 5TP Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £147,034 |
| April 2025 | 1.7% | £146,596 |
| April 2024 | -2.4% | £144,155 |
| April 2023 | 1% | £147,726 |
| April 2022 | 5.9% | £146,265 |
| April 2021 | 3.9% | £138,099 |
| April 2020 | -0.2% | £132,892 |
| April 2019 | -2.1% | £133,126 |
| April 2018 | 3.2% | £135,934 |
| April 2017 | 5% | £131,739 |
| April 2016 | 17.7% | £125,520 |
| April 2015 | 14.5% | £106,688 |
| April 2014 | 8.9% | £93,154 |
| April 2013 | 0.2% | £85,529 |
| April 2012 | -1.4% | £85,318 |
| April 2011 | -1.6% | £86,486 |
| April 2010 | 3.1% | £87,874 |
| April 2009 | -14.5% | £85,266 |
| April 2008 | 2.8% | £99,697 |
| April 2007 | 0% | £96,982 |
The current average rental value in the postcode is £1,053.
The RM17 5TP Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,053pcm |
| April 2025 | 3.5% | £1,033pcm |
| April 2024 | 13.3% | £998pcm |
| April 2023 | 7% | £881pcm |
| April 2022 | 4.6% | £823pcm |
| April 2021 | -0.9% | £787pcm |
| April 2020 | 1% | £794pcm |
| April 2019 | -1.1% | £786pcm |
| April 2018 | 0% | £794pcm |
| April 2017 | 1.5% | £795pcm |
| April 2016 | 5.6% | £783pcm |
| April 2015 | 6.3% | £742pcm |
| April 2014 | 1.9% | £698pcm |
| April 2013 | 2.8% | £685pcm |
| April 2012 | 3.2% | £667pcm |
| April 2011 | 2.8% | £646pcm |
| April 2010 | 1.3% | £628pcm |
| April 2009 | -5.8% | £621pcm |
| April 2008 | 5.3% | £659pcm |
| April 2007 | 0% | £626pcm |
The last sale was on 28th January 2025 for £150,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
RM17 5TP has seen 1 sale in the last three years and no sales in the last twelve months.
RM17 5TP is the 229th largest and the 25th most expensive postcode out of the 736 postcodes in the RM17 area.
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