Postcode district
RM16
Median asking price
£450K
Across 83 for-sale listings
Growth, 3 years
-0.3%
A year, annualised
Gross yield
4.9%
Indicative, from listing medians
Days on market
81
Average time on market
Investment overview
Median asking price
£450K
Average £475K, range £160K to £1.3M
Gross yield
4.9%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Warm
81 days average time on market
Median asking rent
£1,825/mo
Of 20 to-let listings
Most common type
Semi detached
3 bedrooms on average
Market data
Listings
Summary
Homes listed
103
For sale and to let
Median asking price
£450K
Asking price range
£160K to £1.3M
Homes analysed
16,827
Behind the growth and area averages
For-sale listings equal 0.5% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.9%
- Moderate indicative gross yield of 4.9%
- Median asking rent £2K a month
HMO
WeakMedian asking price
£450K
- High entry price (£450K) squeezes HMO returns
- 14% of households rent privately
- Most listings are semi detached
Flip
WeakGrowth, 3 years
-0.3% a year
- Prices moving -0.3% a year over 3 years raises resale risk
- 81 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 83 in RM16.
Hopewell Close, Chafford Hundred RM16
£230,000
Flat · Seen 5 Nov 2026
Highfield Gardens, Grays RM16
£475,000
Semi detached · Seen 5 Nov 2026
Crofton Road, Grays RM16
£600,000
Semi detached · Seen 5 Nov 2026
The Pastures, Woodview, Grays RM16
£550,000
Semi detached · Seen 5 Nov 2026
The Pastures, Wood View, Grays RM16
£700,000
Detached · Seen 5 Nov 2026
Fairfield Avenue, Grays RM16
£545,000
Bungalow · Seen 5 Nov 2026