Shannon Way - RM15 4QU
Key Postcode Insights
RM15 4QU is a residential postcode situated on Shannon Way, Aveley, South Ockendon, RM15 with 41 addresses.
It ranks as the 466th largest and 264th most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £362,896
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,749pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £464/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
RM15 4QU is a residential postcode situated on Shannon Way, Aveley, South Ockendon, RM15 with 41 addresses.
It ranks as the 466th largest and 264th most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £362,896
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,749pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £464/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin RM15 4QU
- 18A Shannon Way
2 Bed Mid-century House
- 18 Shannon Way
Unknown
- 20A Shannon Way
Unknown
- 20 Shannon Way
3 Bed Mid-century House
- 22 Shannon Way
3 Bed Mid-century House
Sales Market Trends
The last sale in RM15 4QU sold for £410,000 on 9th May 2025. Since then prices are up an average of 0.6%.
The current average value in the postcode is £362,896.
The RM15 4QU Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £362,896 |
| June 2025 | 2.9% | £360,793 |
| June 2024 | -3.7% | £350,756 |
| June 2023 | 1.1% | £364,347 |
| June 2022 | 12.8% | £360,218 |
| June 2021 | 5.4% | £319,250 |
| June 2020 | 1.7% | £302,844 |
| June 2019 | 0.1% | £297,747 |
| June 2018 | 2.8% | £297,420 |
| June 2017 | 4.5% | £289,403 |
| June 2016 | 19.1% | £276,863 |
| June 2015 | 15.8% | £232,367 |
| June 2014 | 15.2% | £200,671 |
| June 2013 | 2.7% | £174,198 |
| June 2012 | 0.2% | £169,693 |
| June 2011 | 0.1% | £169,396 |
| June 2010 | 10.3% | £169,272 |
| June 2009 | -15.8% | £153,505 |
| June 2008 | 0.5% | £182,372 |
| June 2007 | 0% | £181,411 |
Rental Market Trends
The current average rental value in the postcode is £1,749.
The RM15 4QU Rental Market has increased by 58.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,749pcm |
| June 2025 | 5.4% | £1,679pcm |
| June 2024 | 8.4% | £1,593pcm |
| June 2023 | 12.6% | £1,470pcm |
| June 2022 | 8.9% | £1,305pcm |
| June 2021 | 3.3% | £1,198pcm |
| June 2020 | 2.9% | £1,159pcm |
| June 2019 | 1.4% | £1,126pcm |
| June 2018 | 0.6% | £1,110pcm |
| June 2017 | 0.3% | £1,104pcm |
| June 2016 | 6.9% | £1,101pcm |
| June 2015 | 8.7% | £1,030pcm |
| June 2014 | 5.4% | £947pcm |
| June 2013 | 3.8% | £898pcm |
| June 2012 | 4.8% | £865pcm |
| June 2011 | 3.4% | £826pcm |
| June 2010 | 6.7% | £799pcm |
| June 2009 | -5.1% | £748pcm |
| June 2008 | 5.4% | £788pcm |
| June 2007 | 0% | £748pcm |
Sales History
The last sale was on 9th May 2025 for £410,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 34 sales since 1995.
RM15 4QU has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£410,000 | 4 Bed House61, Shannon Way, South Ockendon, RM15 4QU61, Shannon Way, South Ockendon, RM15 4QU
- Sold Nov 2024£380,000 | 3 Bed House42, Shannon Way, South Ockendon, RM15 4QU42, Shannon Way, South Ockendon, RM15 4QU
- Sold Aug 2024£332,000 | 3 Bed House38, Shannon Way, South Ockendon, RM15 4QU38, Shannon Way, South Ockendon, RM15 4QU
- Sold Nov 2022£375,000 | 3 Bed House55, Shannon Way, South Ockendon, RM15 4QU55, Shannon Way, South Ockendon, RM15 4QU
- Sold Jul 2021£385,000 | 3 Bed House69, Shannon Way, South Ockendon, RM15 4QU69, Shannon Way, South Ockendon, RM15 4QU
Nearby Postcodes
RM15 4QU is the 466th largest and the 264th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 4RP, Monnow Road, Aveley, South Ockendon, RM15RM15 4RP8 Addresses|65 m away
- RM15 4LU, Tamar Drive, Aveley, South Ockendon, RM15RM15 4LU13 Addresses|93 m away
- RM15 4RL, Tyne Gardens, Aveley, South Ockendon, RM15RM15 4RL32 Addresses|97 m away
- RM15 4QT, Shannon Way, Aveley, South Ockendon, RM15RM15 4QT10 Addresses|104 m away
- RM15 4QB, Teviot Avenue, Aveley, South Ockendon, RM15RM15 4QB17 Addresses|134 m away
Property Types
- 26 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 13 other addresses of unknown type
- mid-century house (26)
- house (2)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (9)
- G (0)
- D (13)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold May 2025£410,000 | 4 Bed House61, Shannon Way, South Ockendon, RM15 4QU61, Shannon Way, South Ockendon, RM15 4QU
- Sold Sep 2025£403,500 | 3 Bed House85, Shannon Way, South Ockendon, RM15 4QT85, Shannon Way, South Ockendon, RM15 4QT
- Sold Jul 2021£385,000 | 3 Bed House69, Shannon Way, South Ockendon, RM15 4QU69, Shannon Way, South Ockendon, RM15 4QU
Schools Nearby
- Kenningtons Primary Academy100 m away
- Aveley Primary School1.1 km away
- Dilkes Academy1.5 km away
- Ormiston Park Academy300 m away
- Harris Academy Ockendon2.0 km away
- Harris Academy Riverside3.1 km away
More reading links
Public Transport Nearby
The closest station to RM15 4QU is Purfleet station, which is 3.0 kilometres away.
- Purfleet|3.0 km away
- Ockendon|3.2 km away
- Chafford Hundred Lakeside|3.4 km away
- Rainham (Essex)|4.4 km away
