Housing Market Analysis for RAINBOW ROAD, RM16 6NG

Are you looking to understand RM16 6NG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Thurrock postcode.

For the location information and nearby amenities in the RM16 6NG area, explore the RM16 6NG Area information page.
For comprehensive crime statistics in the RM16 6NG area, explore the RM16 6NG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM16 6NG postcode area, The average prices are as follows,

Terraced
- The average price is around £177,265 median price is £176,000 Standard Deviation is £91,719 with Total Sold: 51
- The Last 5 Year average price is £328,861 with Total Sold: 8
- The most recent sale happened at this postcode is 24 RAINBOW ROAD: £368,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 22 RAINBOW ROAD: £367,000 (Sold on 08 Aug 2024)
Detached
- The average price is around £263,461 median price is £248,000 Standard Deviation is £123,927 with Total Sold: 19
- The most recent sale happened at this postcode is 8 RAINBOW ROAD: £550,000 (Sold on 16 Oct 2018)
- The first recorded sale happened at this postcode is 8 RAINBOW ROAD: £129,950 (Sold on 31 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average RM16 6NG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£368,000	£6,237	2
2022	£300,000	£5,000	1
2021	£326,000	£5,258	1
2020	£296,944	£4,955	2
2019	£308,000	£5,220	1
2018	£310,000		1
2017	£297,500	£5,231	2
2015	£237,500	£3,814	2
2014	£215,000	£3,583	1
2013	£188,000		1
2011	£238,000	£3,162	1
2010	£182,750	£2,903	2
2009	£135,000	£2,250	1
2008	£195,250	£3,322	2
2007	£177,000	£3,278	1
2006	£194,750	£2,899	2
2005	£185,000	£2,721	1
2004	£196,500	£2,861	2
2003	£159,500	£2,596	3
2002	£132,332	£2,250	3
2001	£106,750	£1,795	2
2000	£92,498	£1,445	2
1997	£77,082	£1,260	14
2024	£367,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£550,000	£5,288	1
2017	£468,000	£3,836	1
2015	£385,000	£2,825	2
2011	£377,500	£2,886	1
2009	£308,000	£2,525	1
2006	£283,750		2
2005	£335,000	£2,043	1
2001	£174,000	£1,512	2
2000	£159,500	£1,534	1
1999	£178,462	£1,346	4
1998	£136,133	£1,254	3

All the Sales in the RAINBOW ROAD, RM16 6NG

See the table below for more details on the sold house prices in the RM16 6NG, Thurrock postcode.

Address	Sold Date	Price	% Change
24 RAINBOW ROADTerraced, FreeholdArea: 59 Sq.mtrAge: 1996-2002	31 Oct 2023	£368,000	0.0
	31 Oct 2023	£368,000	19.48%
	23 Aug 2019	£308,000	28.33%
	19 Jun 2015	£240,000	22.45%
	01 Oct 2008	£196,000	23.27%
	27 Oct 2003	£159,000	40.09%
	07 Sep 2001	£113,500	41.96%
	30 Sep 1997	£79,950	First Sale
14 RAINBOW ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1996-2002	05 Aug 2022	£300,000	0.0
	11 Aug 2017	£300,000	143.90%
	03 May 2002	£123,000	23.00%
	18 May 2001	£100,000	35.14%
	30 Sep 1997	£74,000	First Sale
26 RAINBOW ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 2003-2006	17 Sep 2021	£326,000	85.23%
	19 Nov 2004	£176,000	95.56%
	09 Jun 2000	£90,000	12.57%
	17 Oct 1997	£79,950	First Sale
22 RAINBOW ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1996-2002	18 Dec 2020	£312,888	45.53%
	01 May 2014	£215,000	170.61%
	30 Oct 1997	£79,450	-78.35%
	08 Aug 2024	£367,000	First Sale
20 RAINBOW ROADTerraced, FreeholdArea: 59.86 Sq.mtrAge: 1996-2002	16 Jun 2020	£281,000	267.67%
	30 Sep 1997	£76,428	First Sale
8 RAINBOW ROADDetached, FreeholdArea: 104 Sq.mtrAge: 1983-1990	16 Oct 2018	£550,000	244.83%
	04 Aug 2000	£159,500	22.74%
	31 Mar 1998	£129,950	First Sale
10 RAINBOW ROADTerraced, Freehold	13 Apr 2018	£310,000	302.86%
10 RAINBOW ROADTerraced, Freehold	05 Dec 1997	£76,950	First Sale
5 RAINBOW ROADTerraced, FreeholdArea: 54 Sq.mtrAge: 1996-2002	08 Nov 2017	£295,000	66.67%
	25 Feb 2007	£177,000	169.05%
	27 Mar 1997	£65,788	First Sale
2 RAINBOW ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1991-1995	02 Jun 2017	£468,000	51.95%
	18 Sep 2009	£308,000	100.65%
	27 Nov 1998	£153,500	First Sale
16 RAINBOW ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1996-2002	03 Jul 2015	£235,000	31.65%
	21 Dec 2010	£178,500	17.05%
	21 Aug 2003	£152,500	60.53%
	03 Jul 2000	£94,995	20.32%
	05 Dec 1997	£78,950	First Sale
4 RAINBOW ROADDetached, FreeholdArea: 117 Sq.mtrAge: 1991-1995	27 Mar 2015	£390,000	143.75%
	29 Mar 1999	£160,000	First Sale
9 RAINBOW ROADDetached, FreeholdArea: 164 Sq.mtrAge: 1996-2002	20 Feb 2015	£380,000	13.43%
	16 Mar 2005	£335,000	35.08%
	24 Oct 2001	£248,000	26.56%
	26 Mar 1999	£195,950	First Sale
JASMINE PLACE RAINBOW ROADTerraced, Freehold	30 Apr 2013	£188,000	-3.34%
	21 Jul 2008	£194,500	204.44%
	27 Mar 1997	£63,888	First Sale
1 RAINBOW ROADTerraced, FreeholdArea: 75.28 Sq.mtrAge: 1996-2002	10 Nov 2011	£238,000	16.10%
	16 Jun 2006	£205,000	-5.53%
	01 Sep 2004	£217,000	153.80%
	07 Mar 1997	£85,500	First Sale
7 RAINBOW ROADDetached, FreeholdArea: 130.79 Sq.mtrAge: 1996-2002	03 Oct 2011	£377,500	95.65%
	15 Mar 1999	£192,950	First Sale
28 RAINBOW ROADTerraced, FreeholdArea: 60.28 Sq.mtrAge: 1996-2002	02 Sep 2010	£187,000	136.86%
	10 Oct 1997	£78,950	First Sale
18 RAINBOW ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1996-2002	29 Jan 2009	£135,000	-26.83%
	01 Jun 2006	£184,500	10.48%
	19 Dec 2003	£167,000	13.61%
	03 Sep 2002	£147,000	82.72%
	30 Sep 1997	£80,450	First Sale
6 RAINBOW ROADDetached, Freehold	29 Sep 2006	£267,500	114.09%
6 RAINBOW ROADDetached, Freehold	28 May 1998	£124,950	First Sale
11 RAINBOW ROADDetached, Freehold	17 Jul 2006	£300,000	200.00%
	03 Apr 2001	£100,000	-39.38%
	19 Mar 1999	£164,950	First Sale
30 RAINBOW ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 2003-2006	27 May 2005	£185,000	131.39%
	30 Sep 1997	£79,950	First Sale
12 RAINBOW ROADTerraced, Freehold	05 Jul 2002	£126,995	60.85%
12 RAINBOW ROADTerraced, Freehold	21 Nov 1997	£78,950	First Sale

Check out the sold house prices near the RM16 6NG postcode. Properties currently for saleProperties currently for rent

RAINBOW ROAD, RM16 6NG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM16 6NG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RM16 6NG postcode.

Semi-Detached
- The average price is around £191,962 median price is £179,995 Standard Deviation is £92,844 with Total Sold: 605
- The Last 5 Year average price is £388,892 with Total Sold: 53
- The most recent sale happened at this postcode is , 89 FRANCISCO CLOSE: £470,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , CROWS NEST GRIFON ROAD: £91,950 (Sold on 28 Jun 1996)
Flat
- The average price is around £144,905 median price is £140,000 Standard Deviation is £46,430 with Total Sold: 1,285
- The Last 5 Year average price is £227,044 with Total Sold: 141
- The most recent sale happened at this postcode is , 19 PLYMOUTH ROAD: £260,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 35 SWIFTSURE ROAD: £56,995 (Sold on 31 Jul 1998)
Terraced
- The average price is around £174,181 median price is £164,000 Standard Deviation is £87,627 with Total Sold: 1,718
- The Last 5 Year average price is £353,754 with Total Sold: 147
- The most recent sale happened at this postcode is , 22 RAINBOW ROAD: £367,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 79 GRIFON ROAD: £69,950 (Sold on 28 Jun 1996)
Detached
- The average price is around £263,348 median price is £240,000 Standard Deviation is £129,321 with Total Sold: 1,313
- The Last 5 Year average price is £529,957 with Total Sold: 113
- The most recent sale happened at this postcode is , 1 FRANCISCO CLOSE: £453,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 29 GILBERT ROAD: £120,995 (Sold on 12 Feb 1996)
Other
- The average price is around £409,312 median price is £363,750 Standard Deviation is £414,233 with Total Sold: 8
- The Last 5 Year average price is £540,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 38 GRENVILLE ROAD: £220,000 (Sold on 08 Aug 2023)
- The first recorded sale happened at this postcode is UNIT 8, RETAIL PARK FLEMING ROAD: £540,000 (Sold on 31 May 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,314		4
2023	£434,500	£5,505	4
2022	£430,091	£5,046	11
2021	£382,536	£4,661	14
2020	£371,591	£4,827	11
2019	£328,222	£4,636	9
2018	£327,125	£5,033	8
2017	£331,785	£4,098	14
2016	£305,433	£4,250	12
2015	£304,865	£3,661	7
2014	£248,033	£3,367	15
2013	£225,562	£2,957	8
2012	£215,167	£3,024	6
2011	£222,285	£2,848	14
2010	£222,530	£2,995	15
2009	£208,815	£2,568	13
2008	£211,922	£3,083	13
2007	£230,463	£2,921	30
2006	£213,769	£2,802	26
2005	£211,325	£2,678	29
2004	£199,227	£2,637	33
2003	£174,594	£2,503	37
2002	£167,496	£2,094	66
2001	£134,903	£1,792	36
2000	£116,562	£1,599	35
1999	£96,506	£1,266	35
1998	£88,639	£1,193	49
1997	£89,661	£1,195	35
1996	£77,746	£1,097	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,000		11
2023	£242,295	£4,293	22
2022	£236,875	£4,154	28
2021	£221,661	£3,854	31
2020	£213,976	£3,487	19
2019	£213,570	£3,749	30
2018	£218,487	£3,748	39
2017	£218,413	£3,729	26
2016	£203,300	£3,527	40
2015	£175,075	£3,006	43
2014	£152,474	£2,791	40
2013	£141,597	£2,536	23
2012	£144,333	£2,417	21
2011	£142,625	£2,407	8
2010	£143,606	£2,536	26
2009	£143,077	£2,341	13
2008	£154,881	£2,759	32
2007	£152,451	£2,585	57
2006	£148,719	£2,541	58
2005	£143,814	£2,615	39
2004	£141,113	£2,487	72
2003	£137,043	£2,374	188
2002	£115,659	£1,975	118
2001	£97,918	£1,684	188
2000	£86,504	£1,536	98
1999	£63,500	£1,154	3
1998	£56,658	£1,094	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£358,600		5
2023	£390,205	£5,691	22
2022	£380,468	£5,459	31
2021	£359,576	£4,959	33
2020	£327,325	£4,840	32
2019	£312,062	£4,927	24
2018	£329,366	£4,678	29
2017	£302,547	£4,717	32
2016	£301,248	£4,496	26
2015	£258,440	£3,904	46
2014	£238,593	£3,518	28
2013	£208,452	£3,179	26
2012	£212,961	£3,057	26
2011	£203,982	£2,943	42
2010	£203,412	£2,943	40
2009	£182,183	£2,943	30
2008	£219,348	£3,058	23
2007	£207,272	£3,077	88
2006	£191,530	£2,780	76
2005	£190,177	£2,683	54
2004	£184,168	£2,729	89
2003	£176,898	£2,576	113
2002	£144,779	£2,129	121
2001	£126,314	£1,748	160
2000	£108,902	£1,627	124
1999	£87,448	£1,405	105
1998	£83,397	£1,287	153
1997	£77,528	£1,202	116
1996	£75,937	£1,065	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£559,750		8
2023	£569,542	£4,801	12
2022	£570,875	£4,671	16
2021	£533,615	£4,395	34
2020	£514,466	£4,072	22
2019	£475,119	£4,290	21
2018	£482,957	£4,389	23
2017	£440,655	£4,296	29
2016	£422,957	£3,823	23
2015	£381,905	£3,573	21
2014	£357,966	£3,142	30
2013	£317,808	£2,572	13
2012	£315,263	£2,756	19
2011	£300,174	£2,792	23
2010	£285,261	£2,701	17
2009	£279,533	£2,535	15
2008	£306,375	£2,672	32
2007	£297,771	£2,682	53
2006	£291,138	£2,606	65
2005	£283,829	£2,523	38
2004	£267,498	£2,472	59
2003	£265,286	£2,319	106
2002	£233,626	£2,006	150
2001	£192,589	£1,748	95
2000	£167,381	£1,549	69
1999	£162,559	£1,432	106
1998	£133,376	£1,262	101
1997	£117,132	£1,030	70
1996	£103,714	£893	43

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£220,000	£3,729	1
2021	£700,500		2
2018	£1,000	£12	1
2017	£355,000	£3,737	1
2016	£378,750		2
2013	£540,000		1

House Type in RM16 6NG area

The most common house types in the RM16 6NG postcode area are Detached (63), Terraced (47), and Semi-detached (5).

Total	117
Detached	63
Terraced	47
Semi-detached	5
Flat	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (77), and Owned: Owns outright (23).

Owned: Owns with a mortgage or loan	77
Owned: Owns outright	23
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the RM16 6NG have 3 people in household (33), and 4 people in household (32).

3 people in household	33
4 people in household	32
2 people in household	22
1 person in household	18
5 people in household	10
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0