Key indicators for buyers
The RM16 market presents a mixed picture for buyers. Prices are rising at 31.2%, which may favour acting sooner rather than later. Affordability has improved from a peak of 10.4x in 2021 to 8.7x today. Rising rents (£1,341/mo, +6.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Thurrock area
A home in Thurrock costs 8.7x the local median salary — stretched, improving from a peak of 10.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Thurrock area
Average monthly rent in Thurrock is £1,341, up 6.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Thurrock price of £526,182 with a 25% deposit (£132k), a 2-year fixed mortgage at 3.97% costs around £2,077 per month.
Monthly cost comparison based on current data
Uses RM16 avg. price with Thurrock rental data
Monthly mortgage payments (£2,077) are £736 more than renting (£1,341). However, buying requires an upfront deposit of £132k — it would take around 21 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
151, DUDLEY CLOSE, CHAFFORD HUNDRED RM16 6NT | Terraced | £358,000 | 23 Jan 2026 |
78, GODMAN ROAD, CHADWELL ST MARY RM16 4TD | Semi-detached | £400,000 | 23 Jan 2026 |
74, WHITMORE AVENUE RM16 2HU | Semi-detached | £405,000 | 22 Jan 2026 |
12, BODELL CLOSE RM16 2TB | Semi-detached | £432,500 | 22 Jan 2026 |
18, SAN JUAN DRIVE, CHAFFORD HUNDRED RM16 6LQ | Flat/Maisonette | £225,000 | 16 Jan 2026 |
10, GRANGEWICK ROAD RM16 2DW | Semi-detached | £415,000 | 9 Jan 2026 |
38, DANIEL CLOSE, CHAFFORD HUNDRED RM16 6PR |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in RM16 sold for £526,182 in 2026, with a median of £415,000 across 11 transactions. Prices rose 31.2% compared to the previous year.
| Semi-detached |
| £405,000 |
| 9 Jan 2026 |
CURACAO, 37, GRIFON ROAD, CHAFFORD HUNDRED RM16 6NP | Detached | £610,000 | 8 Jan 2026 |
PARK HOUSE, PRINCE CHARLES AVENUE, ORSETT RM16 3HS | Semi-detached | £1,485,000 | 8 Jan 2026 |
36, SABINA ROAD RM16 4PJ | Terraced | £447,500 | 7 Jan 2026 |
32, VICTORY CLOSE, CHAFFORD HUNDRED RM16 6RT | Detached | £605,000 | 5 Jan 2026 |
30, CECIL AVENUE RM16 6QA | Detached | £300,000 | 22 Dec 2025 |
22, BRADSHAWE ROAD RM16 2EA | Semi-detached | £405,000 | 22 Dec 2025 |
93, SWIFTSURE ROAD, CHAFFORD HUNDRED RM16 6YB | Terraced | £357,500 | 19 Dec 2025 |
79, CALSHOT AVENUE, CHAFFORD HUNDRED RM16 6NS | Semi-detached | £369,000 | 18 Dec 2025 |
105, SACHFIELD DRIVE, CHAFFORD HUNDRED RM16 6QW | Flat/Maisonette | £277,000 | 18 Dec 2025 |
283, LONG LANE RM16 2QD | Semi-detached | £445,000 | 17 Dec 2025 |
158, SEWELL CLOSE, CHAFFORD HUNDRED RM16 6BU | Flat/Maisonette | £275,000 | 17 Dec 2025 |
62, SPRINGFIELD ROAD RM16 2QU | Terraced | £360,000 | 16 Dec 2025 |
SAVANNAH, GREYHOUND LANE, ORSETT RM16 3AA | Detached | £380,000 | 15 Dec 2025 |
The most recent recorded sale in RM16 was a terraced property on Dudley Close for £358,000 in January 2026. Across the last 20 sales, the median price was £405,000.