Derwent Parade - RM15 5EF
Key Postcode Insights
RM15 5EF is a residential postcode situated on Derwent Parade, South Ockendon, RM15 with 14 addresses.
It ranks as the 158th largest and 102nd most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 flats.
- Ave. Sale Price
- £227,590
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £1,489pcm
- 10 Year change
- up 35.1%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
RM15 5EF is a residential postcode situated on Derwent Parade, South Ockendon, RM15 with 14 addresses.
It ranks as the 158th largest and 102nd most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 flats.
- Ave. Sale Price
- £227,590
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £1,489pcm
- 10 Year change
- up 35.1%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin RM15 5EF
- 17 Derwent Parade
Unknown
- 29 Derwent Parade
Unknown
- 31 Derwent Parade
3 Bed Mid-century Flat
- 33 Derwent Parade
Unknown
- 35 Derwent Parade
3 Bed Mid-century Flat
Sales Market Trends
The last sale in RM15 5EF sold for £210,000 on 11th September 2019. Since then prices are up an average of 8.5%.
The current average value in the postcode is £227,590.
The RM15 5EF Sales Market has increased by 13.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £227,590 |
| June 2025 | 1.1% | £231,336 |
| June 2024 | -3.5% | £228,882 |
| June 2023 | -0.1% | £237,063 |
| June 2022 | 10.4% | £237,374 |
| June 2021 | 2.7% | £214,952 |
| June 2020 | 0.1% | £209,272 |
| June 2019 | -0.8% | £209,118 |
| June 2018 | 1.6% | £210,716 |
| June 2017 | 3.3% | £207,490 |
| June 2016 | 18.7% | £200,832 |
| June 2015 | 15.9% | £169,139 |
| June 2014 | 13% | £145,887 |
| June 2013 | 1.6% | £129,054 |
| June 2012 | -1.4% | £127,010 |
| June 2011 | -0.9% | £128,835 |
| June 2010 | 6.3% | £130,055 |
| June 2009 | -16.6% | £122,294 |
| June 2008 | 1.6% | £146,708 |
| June 2007 | 0% | £144,394 |
Rental Market Trends
The current average rental value in the postcode is £1,489.
The RM15 5EF Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,489pcm |
| June 2025 | 3.2% | £1,460pcm |
| June 2024 | 10.1% | £1,414pcm |
| June 2023 | 11.7% | £1,285pcm |
| June 2022 | 4.4% | £1,150pcm |
| June 2021 | -0.3% | £1,102pcm |
| June 2020 | 1.7% | £1,105pcm |
| June 2019 | 0.1% | £1,086pcm |
| June 2018 | -0.6% | £1,085pcm |
| June 2017 | -1% | £1,091pcm |
| June 2016 | 6.3% | £1,102pcm |
| June 2015 | 7.6% | £1,036pcm |
| June 2014 | 3.2% | £963pcm |
| June 2013 | 2.3% | £933pcm |
| June 2012 | 4.6% | £913pcm |
| June 2011 | 2.4% | £872pcm |
| June 2010 | 2.9% | £852pcm |
| June 2009 | -6.7% | £828pcm |
| June 2008 | 5.4% | £887pcm |
| June 2007 | 0% | £842pcm |
Sales History
The last sale was on 11th September 2019 for £210,000 and since then the market in the area has increased by 8.5%. The postcode has had a total of 1 sales since 1995.
RM15 5EF has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
RM15 5EF is the 158th largest and the 102nd most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5EE, Derwent Parade, South Ockendon, RM15RM15 5EE17 Addresses|47 m away
- RM15 5EH, Daiglen Drive, South Ockendon, RM15RM15 5EH12 Addresses|50 m away
- RM15 5DZ, Derry Avenue, South Ockendon, RM15RM15 5DZ13 Addresses|66 m away
- RM15 5DX, Derry Avenue, South Ockendon, RM15RM15 5DX9 Addresses|113 m away
- RM15 5BW, Eden Green, South Ockendon, RM15RM15 5BW42 Addresses|115 m away
Property Types
- 10 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century flat (10)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (7)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2019£210,000 | 3 Bed Flat45, Derwent Parade, South Ockendon, RM15 5EF45, Derwent Parade, South Ockendon, RM15 5EF
- Sold Jul 2025£200,000 | 3 Bed Flat46, Derwent Parade, South Ockendon, RM15 5EE46, Derwent Parade, South Ockendon, RM15 5EE
- Sold May 2019£178,500 | 3 Bed Flat38, Derwent Parade, South Ockendon, RM15 5EE38, Derwent Parade, South Ockendon, RM15 5EE
Schools Nearby
- Shaw Primary Academy300 m away
- Holy Cross Catholic Primary School400 m away
- Bonnygate Primary School500 m away
- Harris Academy Ockendon500 m away
- Ormiston Park Academy2.0 km away
- Harris Academy Chafford Hundred3.2 km away
More reading links
Public Transport Nearby
The closest station to RM15 5EF is Ockendon station, which is 1.4 kilometres away.
- Ockendon|1.4 km away
- Chafford Hundred Lakeside|2.7 km away
- Purfleet|4.5 km away
- Grays|4.6 km away
