RM15 5BD is a residential postcode situated on Arisdale Avenue, South Ockendon, RM15 with 40 addresses.
It ranks as the 457th largest and 63rd most expensive of the 539 postcodes in the RM15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 40 properties: 40 flats.
RM15 5BD is a residential postcode situated on Arisdale Avenue, South Ockendon, RM15 with 40 addresses.
It ranks as the 457th largest and 63rd most expensive of the 539 postcodes in the RM15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 40 properties: 40 flats.
Sale prices range from £150,328 for 1 bedroom leasehold flats (290 ft2) to £218,208 for 2 bedroom leasehold flats (624 ft2) .
Monthly rental prices range from £1,016 pcm for 1 bed flats to £1,432 pcm for 2 bed flats.
The gross rental yield is between 7.9% and 8.3%.
The average value per square foot is £405.
The last sale in RM15 5BD sold for £220,000 on 19th December 2025. Since then prices are up an average of 1.6%.
The current average value in the postcode is £191,612.
The RM15 5BD Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £191,612 |
| April 2025 | 1.2% | £187,440 |
| April 2024 | -3.4% | £185,227 |
| April 2023 | 2.8% | £191,819 |
| April 2022 | 8.7% | £186,557 |
| April 2021 | 1.9% | £171,592 |
| April 2020 | 1.1% | £168,421 |
| April 2019 | -1.6% | £166,597 |
| April 2018 | 1.3% | £169,346 |
| April 2017 | 5.8% | £167,158 |
| April 2016 | 19% | £158,006 |
| April 2015 | 18.1% | £132,825 |
| April 2014 | 10.2% | £112,515 |
| April 2013 | 0.1% | £102,115 |
| April 2012 | -2.2% | £101,994 |
| April 2011 | 0.4% | £104,331 |
| April 2010 | 3.8% | £103,947 |
| April 2009 | -17.3% | £100,187 |
| April 2008 | 6.2% | £121,144 |
| April 2007 | 0% | £114,098 |
The current average rental value in the postcode is £1,288.
The RM15 5BD Rental Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,288pcm |
| April 2025 | 3.5% | £1,244pcm |
| April 2024 | 13.6% | £1,202pcm |
| April 2023 | 6.7% | £1,058pcm |
| April 2022 | 5.2% | £992pcm |
| April 2021 | -0.2% | £943pcm |
| April 2020 | 1.1% | £945pcm |
| April 2019 | -1.5% | £935pcm |
| April 2018 | -0.6% | £949pcm |
| April 2017 | 1.6% | £954pcm |
| April 2016 | 6.9% | £939pcm |
| April 2015 | 6.7% | £878pcm |
| April 2014 | 1.9% | £823pcm |
| April 2013 | 2.7% | £807pcm |
| April 2012 | 2% | £786pcm |
| April 2011 | 3.4% | £771pcm |
| April 2010 | 0% | £746pcm |
| April 2009 | -5.3% | £746pcm |
| April 2008 | 5.7% | £788pcm |
| April 2007 | 0% | £745pcm |
The last sale was on 19th December 2025 for £220,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 126 sales since 1995.
RM15 5BD has seen 14 sales in the last three years and 3 sales in the last twelve months.
RM15 5BD is the 457th largest and the 63rd most expensive postcode out of the 539 postcodes in the RM15 area.
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