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Chafford Way is a residential street with 77 addresses.
It ranks as the 324th largest and 114th most expensive of the 387 streets in the RM16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 77 properties: 45 houses and 32 flats.
Chafford Way is a residential street with 77 addresses.
It ranks as the 324th largest and 114th most expensive of the 387 streets in the RM16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 77 properties: 45 houses and 32 flats.
Sale prices range from £146,366 for 1 bedroom leasehold flats (387 ft2) to £458,888 for 4 bedroom freehold houses with a garden (1,463 ft2) .
Monthly rental prices range from £1,069 pcm for 1 bed flats to £2,453 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 9.0%.
The average value per square foot is £388.
The last sale on Chafford Way sold for £240,000 on 2nd May 2025. Since then prices are up an average of 1.3%.
The current average value in the street is £304,941.
The Chafford Way Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.2% | £304,941 |
| May 2025 | 2.2% | £301,351 |
| May 2024 | -1.9% | £294,825 |
| May 2023 | 0.3% | £300,387 |
| May 2022 | 8.2% | £299,568 |
| May 2021 | 5.3% | £276,916 |
| May 2020 | 1.3% | £262,912 |
| May 2019 | -1.9% | £259,494 |
| May 2018 | 2.8% | £264,608 |
| May 2017 | 3% | £257,341 |
| May 2016 | 17.7% | £249,731 |
| May 2015 | 12% | £212,180 |
| May 2014 | 9.7% | £189,455 |
| May 2013 | 2.3% | £172,717 |
| May 2012 | -1.6% | £168,900 |
| May 2011 | 0.2% | £171,729 |
| May 2010 | 7.7% | £171,463 |
| May 2009 | -15.1% | £159,179 |
| May 2008 | 0.6% | £187,534 |
| May 2007 | 0% | £186,466 |
The current average rental value in the street is £1,760.
The Chafford Way Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £1,760pcm |
| May 2025 | 3.9% | £1,699pcm |
| May 2024 | 9.2% | £1,636pcm |
| May 2023 | 14.4% | £1,498pcm |
| May 2022 | 5.5% | £1,309pcm |
| May 2021 | 1.1% | £1,240pcm |
| May 2020 | 3.5% | £1,227pcm |
| May 2019 | -0.2% | £1,186pcm |
| May 2018 | -0.7% | £1,188pcm |
| May 2017 | -1% | £1,197pcm |
| May 2016 | 8.3% | £1,209pcm |
| May 2015 | 7.2% | £1,116pcm |
| May 2014 | 5% | £1,041pcm |
| May 2013 | 3.6% | £992pcm |
| May 2012 | 3.6% | £958pcm |
| May 2011 | 2.7% | £924pcm |
| May 2010 | 2.9% | £899pcm |
| May 2009 | -5.5% | £874pcm |
| May 2008 | 6% | £925pcm |
| May 2007 | 0% | £872pcm |
The last sale was on 2nd May 2025 for £240,000 and since then the market in the area has increased by 1.3%. The street has had a total of 60 sales since 1995.
Chafford Way, Grays, RM16 has seen 2 sales in the last three years and no sales in the last twelve months.
Chafford Way, Grays, RM16 is the 324th largest and the 114th most expensive street in the RM16 area.
There are 4 postcodes on Chafford Way, Grays, RM16.
The closest station to Chafford Way, Grays, RM16 is Grays station which is 2.6 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Chafford Way, Grays, RM16, 37.8% of property is privately owned with a mortgage and 28.4% 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 Chafford Way, Grays, RM16, 22.9% of residents are recorded as possessing school level qualifications and 22.1% 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 Chafford Way, Grays, RM16, the average age was 40.8 and the most common age was 12.
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 Chafford Way, Grays, RM16, 0.8% 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 Chafford Way, Grays, RM16, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.