Shannon Way - RM15 4QX
Key Postcode Insights
RM15 4QX is a residential postcode situated on Shannon Way, Aveley, South Ockendon, RM15 with 23 addresses.
It ranks as the 277th largest and 166th 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 23 properties: 23 houses.
- Ave. Sale Price
- £321,158
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,693pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
RM15 4QX is a residential postcode situated on Shannon Way, Aveley, South Ockendon, RM15 with 23 addresses.
It ranks as the 277th largest and 166th 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 23 properties: 23 houses.
- Ave. Sale Price
- £321,158
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,693pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin RM15 4QX
- 1 Shannon Way
4 Bed Mid-century House
- 2 Shannon Way
3 Bed Mid-century House
- 3 Shannon Way
3 Bed Mid-century House
- 4 Shannon Way
4 Bed Mid-century House
- 5 Shannon Way
3 Bed Mid-century House
Sales Market Trends
The last sale in RM15 4QX sold for £336,500 on 17th April 2026. Since then prices have on average remained the same.
The current average value in the postcode is £321,158.
The RM15 4QX Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £321,158 |
| June 2025 | 2.9% | £319,296 |
| June 2024 | -3.7% | £310,414 |
| June 2023 | 1.1% | £322,442 |
| June 2022 | 12.8% | £318,788 |
| June 2021 | 5.4% | £282,532 |
| June 2020 | 1.7% | £268,012 |
| June 2019 | 0.1% | £263,502 |
| June 2018 | 2.8% | £263,213 |
| June 2017 | 4.5% | £256,118 |
| June 2016 | 19.1% | £245,020 |
| June 2015 | 15.8% | £205,642 |
| June 2014 | 15.2% | £177,591 |
| June 2013 | 2.7% | £154,163 |
| June 2012 | 0.2% | £150,176 |
| June 2011 | 0.1% | £149,913 |
| June 2010 | 10.3% | £149,803 |
| June 2009 | -15.8% | £135,850 |
| June 2008 | 0.5% | £161,396 |
| June 2007 | 0% | £160,546 |
Rental Market Trends
The current average rental value in the postcode is £1,693.
The RM15 4QX Rental Market has increased by 58.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,693pcm |
| June 2025 | 5.4% | £1,625pcm |
| June 2024 | 8.4% | £1,541pcm |
| June 2023 | 12.6% | £1,422pcm |
| June 2022 | 8.9% | £1,263pcm |
| June 2021 | 3.3% | £1,159pcm |
| June 2020 | 2.9% | £1,122pcm |
| June 2019 | 1.4% | £1,090pcm |
| June 2018 | 0.6% | £1,074pcm |
| June 2017 | 0.3% | £1,069pcm |
| June 2016 | 6.9% | £1,066pcm |
| June 2015 | 8.7% | £997pcm |
| June 2014 | 5.4% | £917pcm |
| June 2013 | 3.8% | £869pcm |
| June 2012 | 4.8% | £838pcm |
| June 2011 | 3.4% | £799pcm |
| June 2010 | 6.7% | £773pcm |
| June 2009 | -5.1% | £724pcm |
| June 2008 | 5.4% | £763pcm |
| June 2007 | 0% | £724pcm |
Sales History
The last sale was on 17th April 2026 for £336,500 and since then the market in the area has remained stable. The postcode has had a total of 28 sales since 1995.
RM15 4QX has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£336,500 | 3 Bed House14, Shannon Way, South Ockendon, RM15 4QX14, Shannon Way, South Ockendon, RM15 4QX
- Sold Feb 2025£325,000 | 3 Bed House29, Shannon Way, South Ockendon, RM15 4QX29, Shannon Way, South Ockendon, RM15 4QX
- Sold Mar 2024£260,000 | 4 Bed House21, Shannon Way, South Ockendon, RM15 4QX21, Shannon Way, South Ockendon, RM15 4QX
- Sold May 2023£205,980 | 4 Bed House4, Shannon Way, South Ockendon, RM15 4QX4, Shannon Way, South Ockendon, RM15 4QX
- Sold Aug 2021£320,000 | 3 Bed House7, Shannon Way, South Ockendon, RM15 4QX7, Shannon Way, South Ockendon, RM15 4QX
Nearby Postcodes
RM15 4QX is the 277th largest and the 166th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 4LU, Tamar Drive, Aveley, South Ockendon, RM15RM15 4LU13 Addresses|65 m away
- RM15 4RB, Nare Road, Aveley, South Ockendon, RM15RM15 4RB29 Addresses|89 m away
- RM15 4LX, Swale Close, Aveley, South Ockendon, RM15RM15 4LX32 Addresses|90 m away
- RM15 4PP, Romford Road, Aveley, South Ockendon, RM15RM15 4PP28 Addresses|114 m away
- RM15 4PR, Romford Road, Aveley, South Ockendon, RM15RM15 4PR27 Addresses|124 m away
Property Types
- 17 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (17)
- house (1)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (10)
- No EPC (5)
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 Academy200 m away
- Aveley Primary School1.2 km away
- Dilkes Academy1.7 km away
- Ormiston Park Academy400 m away
- Harris Academy Ockendon2.1 km away
- Harris Academy Riverside3.1 km away
More reading links
Public Transport Nearby
The closest station to RM15 4QX is Purfleet station, which is 3.0 kilometres away.
- Purfleet|3.0 km away
- Ockendon|3.3 km away
- Chafford Hundred Lakeside|3.5 km away
- Rainham (Essex)|4.2 km away
