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Chafford Hundred market report RM16 2, Grays
The RM16 2 (Chafford Hundred) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 5,312 HM Land Registry entries for RM16 2 (Grays), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in RM16 2 (Grays) came in at £430,000, out of 58 registered, up 12% on five years earlier, and the mean stands at £442,000, and by floor area homes here have averaged about £4,580 per square metre over the last five years. The record behind it is 5,312 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
RM16 2 is a postcode sector: one group of streets inside RM16 (Grays). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where RM16 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What RM16 2 homes really sell for
Across 58 registered 2026 sales, the typical (median) RM16 2 home went for £430,000. The mean is £442,000, nearly identical to it, meaning sales cluster closely around the typical figure.
House prices per square metre in RM16 2
By floor space, homes in RM16 2 have sold for about £4,580 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts RM16 2 51% above the country at large.
RM16 2's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £430,000 | £430,000 | 58 |
| 2025 | £424,000 | £434,139 | 151 |
| 2024 | £410,000 | £435,914 | 137 |
| 2023 | £415,000 | £455,984 | 99 |
| 2022 | £435,000 | £510,087 | 149 |
| 2021 | £385,000 | £487,460 | 192 |
| 2020 | £335,000 | £434,669 | 165 |
| 2019 | £335,000 | £439,105 | 149 |
| 2018 | £355,000 | £473,222 | 183 |
| 2017 | £335,000 | £456,906 | 243 |
| 2016 | £315,000 | £440,688 | 220 |
| 2015 | £280,000 | £395,640 | 194 |
| 2014 | £245,000 | £347,575 | 268 |
| 2013 | £230,000 | £330,947 | 201 |
| 2012 | £211,000 | £310,566 | 131 |
| 2011 | £225,000 | £339,663 | 128 |
| 2010 | £225,000 | £352,858 | 117 |
| 2009 | £195,000 | £313,464 | 124 |
| 2008 | £234,000 | £383,575 | 99 |
| 2007 | £235,000 | £398,625 | 229 |
| 2006 | £214,000 | £371,477 | 217 |
| 2005 | £205,000 | £364,817 | 189 |
| 2004 | £202,000 | £366,871 | 192 |
| 2003 | £185,000 | £340,815 | 167 |
| 2002 | £150,000 | £282,224 | 189 |
| 2001 | £126,500 | £243,190 | 178 |
| 2000 | £112,000 | £219,800 | 142 |
| 1999 | £85,500 | £170,397 | 191 |
| 1998 | £80,000 | £161,486 | 156 |
| 1997 | £70,100 | £143,761 | 170 |
| 1996 | £69,500 | £146,572 | 163 |
| 1995 | £68,000 | £147,822 | 121 |
In cash terms the typical RM16 2 home went from £68,000 in 1995 to £430,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 191%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 16% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the RM16 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+31.0% on the year before); the weakest, 2009 (−16.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.4% | −1.0% |
| 5 years (since 2021) | +2.2% | −2.5% |
| 10 years (since 2016) | +3.2% | −0.2% |
| 20 years (since 2006) | +3.6% | +0.7% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in RM16 2
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
RM16 2 recorded 58 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 188 sales a year before the financial crisis and 119 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
How RM16 2 trades
Only 58 sales completed here in the last twelve months of data, which makes RM16 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within RM16, this sector trades 8% above the district median: one of the dearer corners of its district.
The rental side of RM16 2
RM16 2 falls under Thurrock, where the ONS puts the average private rent at £1,366 a month (May 2026 figures). The spread runs from £930 a month for a typical one-bed to £2,174 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Thurrock
ONS Price Index of Private Rents, May 2026.
Set against the £430,000 median sold price, £1,366 a month is £16,392 a year, a gross yield of 3.8%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Asked and answered: RM16 2 (Chafford Hundred)
Is RM16 2 (Chafford Hundred) a good place to buy a house?
How much did a house sell for in RM16 2 (Chafford Hundred)?
Are property prices falling in RM16 2 (Chafford Hundred)?
Will RM16 2 prices rise from here?
The record answers a different question than "what happens next": the median is up 12% over five years in cash but down 12% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in RM16 right now
Turning to what is actually available: 77 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole RM16 district, not just RM16 2: live asking prices are collected per district.
25% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Cardinal Road, Chafford Hundred, Gray...
- Chichester Close, Chafford Hundred, G...
- Mayflower Road, Chafford Hundred, Gra...
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every RM16 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: RM prices by size
What homes of each size actually sold for across the RM area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £450,000 | £575,000 (+28%) | £830,000 (+44%) | £1,150,000 (+39%) |
| Semi-detached | £365,000 | £425,000 (+16%) | £485,000 (+14%) | £635,000 (+31%) | £772,500 (+22%) |
| Terraced | £330,000 | £380,000 (+15%) | £435,000 (+14%) | £527,750 (+21%) | £662,500 (+26%) |
| Flat | £222,000 | £280,000 (+26%) | £360,000 (+29%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the RM area is the point: the same five years treated these districts very differently.
RM area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in RM16
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of RM16, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RM16 3 | £414,000 | 17 |
| RM16 4 | £365,000 | 41 |
| RM16 5 | £437,600 | 3 |
| RM16 6 | £358,000 | 71 |
Zoom out to the full RM16 district report for the type split, monthly volumes and how RM16 compares with its neighbours.
Selling a home in RM16 2? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in RM16 2, use the average prices map for a rough value: zoom from RM16 2's shading down to the sold homes on your own street. The figures above are every recorded RM16 2 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim RM16 2.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to RM16 2. Free after a one click sign in.
See every individual RM16 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.