3.1% Below average
Rental Yield in RM16 — GRAYS
Rent data based on Thurrock UA local authority median. Our methodology
Below average ↓ below East of England average (3.3%)
· ↓ below England average (3.6%)
£385,000
Median Price
£995
Monthly Rent
3.1%
Gross Yield
1,321
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £533,750 | 276 |
| Semi-detached | £413,000 | 408 |
| Terraced | £357,000 | 375 |
| Flat | £235,000 | 234 |
| Other | £359,100 | 28 |
Compare Nearby Postcodes
Compare RM16 side by side →RM16 is part of Thurrock UA. View all postcode districts in Thurrock UA.
Frequently Asked Questions
What is the rental yield in RM16?
RM16 has a gross rental yield of 3.1%. The median property price is £385,000 with typical monthly rents of £995, based on Land Registry and VOA data.
Is RM16 a good area for buy-to-let?
RM16 yields 3.1%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in Thurrock UA for alternatives.
What is the median property price in RM16?
The median property price in RM16 is £385,000, based on 1,321 Land Registry transactions over 3 years. This compares to £325,000 across Thurrock UA as a whole.
Data updated quarterly · Last update: Q1 2026