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The RM16 Postcode: Residential Housing Data, Amenities, Demographics and Local Information.
Learn about the RM16 postcode district in Grays. Residential house prices, housing market data, demographics and local insights. This information is intended to help homeowners, property investors, landlords and market researchers better understand the Grays RM16 postcode area.
by property xyz
The data on this page has been curated by the property xyz research team, who have been studying the UK’s residential property market and private rented sector for well over a decade.
Housing Market Data for RM16
Data on the housing market and private rented sector in this area. We look at house prices, rents, rental yield and market activity. Information is updated regularly to show the most recent figures.
Last updated 09/03/2024.
Total Properties for Sale
209
Average Sales Per Month
25
Average Asking Price
£424,139
Average Price per Sq. Ft.
£399
Average Gross Rental Yield (Long Let)
4.5%
Sales Turnover per Month
12.0%
Number of Days on the Market For Sale
254
Months of For Sale Inventory Available
8.3
Buyer Demand Rating
Balanced market
Total Properties for Rent
40
Average Weekly Rent (Long Let)
£363
Total Properties Let Agreed per Month
47
Number of Days on the Market To Let
26
Rental Property Turnover per Month
117%
Months of To Let Inventory Available
0.9
Rental Demand Rating
Landlord's market
House Price Growth in Postcode RM16
House price data are the average prices that houses sold for in the area, in a particular month, in the given year.
Date | Average Price | Difference |
---|---|---|
Mar 2019 | £320,223 |
N/A
|
Mar 2020 | £319,828 |
-0.12
|
Mar 2021 | £342,354 |
7.04
|
Mar 2022 | £352,054 |
2.83
|
Mar 2023 | £381,523 |
8.37
|
Mar 2024 | £394,456 |
3.39
|