# RM20 4AS Area Summary
The RM20 4AS postcode falls within Grays, Essex, situated in the Thames Gateway development corridor. Based on the dataset of 91 properties with an average price of £63,592, this area represents one of the most affordable segments of the UK property market. The significantly below-average pricing indicates this postcode is dominated by leasehold flats, likely within purpose-built blocks or converted properties, rather than traditional houses.
The exceptionally low average price point of approximately £64,000 is well below both regional and national averages, suggesting these properties are predominantly studio or one-bedroom flats, potentially requiring modernisation or located in areas with higher service charges. This pricing structure makes the area particularly accessible for first-time buyers, buy-to-let investors seeking entry-level opportunities, or those looking for affordable housing in the wider Thames estuary region.
The RM20 postcode district benefits from proximity to London via the C2C rail line from Grays station, offering connectivity to Fenchurch Street. However, the pricing reflects the area's position as a more industrial part of Essex, with the property values indicating this specific postcode section serves as an affordable housing hub within the broader Thurrock area.
The average house price in RM20 4AS, Grays is £63,592. Prices range from £15,000 to £127,500.
There are 91 properties in RM20 4AS, Grays.
RM20 4AS contains 87 flat / maisonette properties, 2 semi-detached properties, 2 terraced properties.
Average house prices in RM20 4AS have risen by 497.8% from £20,825 in 1995 to £124,500 in 2024.
RM20 4AS is located in Grays, Thurrock, England.
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