RM16 house prices & rental yield

Postcode district in the RM postcode area

General / family area · 17.3km from Rose Bruford College

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Looking for a property valuation in RM16? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£425k
UK avg £340k
Average rent (pcm)
£1,450
UK avg £1,275
Gross rental yield
4.1%
9% below UK avg
Net yield (estimated)
3.1%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
234
127% above UK avg
Short-term let activity (Thurrock)
#269 of 318

Summary

RM16 has a gross rental yield of 4.1%, 9% below the UK average, ranking #16 of 20 RM postcode districts by yield.

Gross yield trend

+0.0pp since Jul
Jul: 4.1% 4.1% Jul Aug: 4.4% 4.4% Aug Sep: 3.8% 3.8% Sep Oct: 4.2% 4.2% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

RM16 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £185k £675 — 9 / 1
2 £240k £1,400 7.0% 74 / 15
3 £448k £1,825 4.9% 70 / 8
4 £600k £1,975 — 40 / 2
5+ £650k £3,200 — 21 / 1

Nearby RM postcode districts, by yield

DistrictAvg buyAvg rentYield
RM19 £200k £1,400 8.4% Compare
RM3 £375k £2,050 6.6% Compare
RM20 £295k £1,600 6.5% Compare
RM15 £330k £1,725 6.3% Compare
RM9 £375k £1,850 5.9% Compare
RM5 £450k £2,200 5.9% Compare
RM8 £375k £1,825 5.8% Compare
RM10 £375k £1,800 5.8% Compare
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