# RM17 5QQ Area Summary
RM17 5QQ falls within Grays, a town in Thurrock, Essex, located along the north bank of the River Thames in East London's commuter belt. This postcode area represents a modest segment of the local property market with 86 properties recorded at an average price of £146,778, positioning it well below the national average and making it one of the more affordable locations in the Greater London periphery. The area attracts first-time buyers, investors seeking rental yields, and families looking for value whilst maintaining reasonable transport links into the capital.
The property market here reflects Grays' character as a working-class town with strong regeneration potential. The average price point of approximately £147,000 suggests a predominance of flats and smaller terraced properties, offering accessible entry points onto the property ladder. This pricing makes RM17 5QQ particularly appealing for those priced out of inner London boroughs, with the area benefiting from the c2c rail line providing direct services to London Fenchurch Street in around 35 minutes. The town centre continues to undergo redevelopment efforts, and proximity to major employment hubs including Lakeside Shopping Centre and the expanding Thames Freeport could support future price growth in this affordable Essex location.
The average house price in RM17 5QQ, Grays is £146,778. Prices range from £60,000 to £250,000.
There are 86 properties in RM17 5QQ, Grays.
RM17 5QQ contains 86 flat / maisonette properties.
Average house prices in RM17 5QQ have risen by 48.7% from £143,500 in 2004 to £213,333 in 2024.
RM17 5QQ is located in Grays, Thurrock, England.