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Chafford Hundred market report RM16 4, Grays
The RM16 4 (Chafford Hundred) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 3,430 sales registered with HM Land Registry in RM16 4 (Grays) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in RM16 4 (Grays) sold for £365,000 in 2026, the median of 41 registered sales, up 16% on five years earlier. The mean was £355,900, and by floor area homes here have averaged about £4,140 per square metre over the last five years. The figures cover 3,430 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like RM16 4 is a single group of streets within RM16 (Grays), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where RM16 4 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 a home in RM16 4 sells for
In the RM16 4 property market, the 2026 median sale price is £365,000, from 41 registered sales; the mean, the "average house price" most sites quote, is £355,900, sitting practically level with it: prices here bunch tightly around the middle.
What a square metre costs in RM16 4
Per square metre, RM16 4 homes have averaged around £4,140 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so RM16 4 trades 28% above the country as a whole.
The price of a typical RM16 4 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £365,000 | £365,000 | 41 |
| 2025 | £370,000 | £378,848 | 97 |
| 2024 | £355,000 | £377,438 | 92 |
| 2023 | £355,000 | £390,058 | 65 |
| 2022 | £350,000 | £410,415 | 108 |
| 2021 | £315,000 | £398,831 | 154 |
| 2020 | £305,000 | £395,744 | 91 |
| 2019 | £282,500 | £370,290 | 94 |
| 2018 | £280,000 | £373,245 | 119 |
| 2017 | £275,500 | £375,754 | 104 |
| 2016 | £255,000 | £356,748 | 134 |
| 2015 | £220,000 | £310,860 | 88 |
| 2014 | £190,000 | £269,548 | 107 |
| 2013 | £173,800 | £250,081 | 88 |
| 2012 | £170,000 | £250,219 | 57 |
| 2011 | £162,000 | £244,558 | 67 |
| 2010 | £162,500 | £254,842 | 68 |
| 2009 | £152,000 | £244,341 | 65 |
| 2008 | £173,000 | £283,584 | 72 |
| 2007 | £180,000 | £305,330 | 145 |
| 2006 | £165,000 | £286,419 | 140 |
| 2005 | £159,500 | £283,846 | 115 |
| 2004 | £151,500 | £275,154 | 143 |
| 2003 | £141,400 | £260,493 | 154 |
| 2002 | £112,000 | £210,727 | 166 |
| 2001 | £89,800 | £172,636 | 175 |
| 2000 | £75,700 | £148,561 | 110 |
| 1999 | £70,000 | £139,506 | 149 |
| 1998 | £64,000 | £129,189 | 155 |
| 1997 | £54,200 | £111,153 | 116 |
| 1996 | £48,000 | £101,230 | 84 |
| 1995 | £48,500 | £105,432 | 67 |
In cash terms the typical RM16 4 home went from £48,500 in 1995 to £365,000 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 246%, 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 11% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the RM16 4 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 2003 (+26.3% on the year before); the weakest, 2009 (−12.1%). 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% | −3.7% |
| 5 years (since 2021) | +3.0% | −1.8% |
| 10 years (since 2016) | +3.7% | +0.2% |
| 20 years (since 2006) | +4.0% | +1.2% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 41 sales completed in RM16 4. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 144 sales a year before the financial crisis and 81 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.
The shape of the RM16 4 market
Only 41 sales completed here in the last twelve months of data, which makes RM16 4 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 9% below the district median: one of its district's cheaper corners.
What homes rent for around RM16 4
The local authority for RM16 4 is Thurrock, and its ONS average private rent currently stands at £1,366 a month (May 2026 figures). Size sets most of the rent: one-beds average £930 a month here against £2,174 for four or more bedrooms.
Average monthly rent by size, Thurrock
ONS Price Index of Private Rents, May 2026.
Against the £365,000 median purchase price, a rent of £1,366 a month (£16,392 a year) works out at a 4.5% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Asked and answered: RM16 4 (Chafford Hundred)
How much did a house sell for in RM16 4 (Chafford Hundred)?
Are property prices falling in RM16 4 (Chafford Hundred)?
Is RM16 4 (Chafford Hundred) a good place to buy a house?
What happens to RM16 4 prices now?
The record answers a different question than "what happens next": the median is up 16% over five years in cash but down 8% 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 4: live asking prices are collected per district.
Of everything listed here, 25% asks less than the sold record of comparable homes. 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...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
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.
The price of an extra bedroom in RM
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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
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
Sector boundaries hide real price steps. The rest of RM16, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RM16 2 | £430,000 | 58 |
| RM16 3 | £414,000 | 17 |
| 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.
Thinking of selling in RM16 4? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in RM16 4, open the average prices map and zoom from the RM16 4 shading down to the sold homes on your own street. Every recorded RM16 4 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim RM16 4.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about RM16 4. Free, with a one click sign in.
The live map plots every individual RM16 4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.