# RM18 8YR Area Summary
This postcode covers a section of **Tilbury** in Essex, an area historically known for its docks and riverside location along the Thames Estuary. With 57 properties averaging £56,825, this represents an exceptionally affordable entry point to the property market, significantly below both regional and national averages. These prices strongly suggest a predominance of **shared ownership schemes, retirement properties, or leasehold flats** rather than standard freehold houses, which would command substantially higher values in this part of Essex.
The remarkably low average price point indicates this is likely a specific development or housing type rather than a representative sample of Tilbury's broader market. Typical properties in the RM18 postcode district generally range from £200,000-£300,000 for standard houses, making this particular pocket an outlier. Prospective buyers should investigate the precise tenure arrangements, service charges, and any age restrictions that may apply to these properties.
Tilbury benefits from **direct rail links to London Fenchurch Street** (approximately 50 minutes), making it accessible for commuters, whilst offering the affordability that comes with its Thurrock location. The area has seen regeneration efforts in recent years, though it remains one of Essex's more budget-conscious locations for property investment.
The average house price in RM18 8YR, Tilbury is £56,825. Prices range from £9,500 to £115,000.
There are 57 properties in RM18 8YR, Tilbury.
RM18 8YR contains 57 flat / maisonette properties.
Average house prices in RM18 8YR have risen by 528.6% from £14,450 in 1995 to £90,833 in 2024.
RM18 8YR is located in Tilbury, Thurrock, England.