Elan Road - RM15 5EG
Key Postcode Insights
RM15 5EG is a residential postcode situated on Elan Road, South Ockendon, RM15 with 20 addresses.
It ranks as the 245th largest and 140th 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 20 properties: 12 houses and 8 flats.
- Ave. Sale Price
- £294,794
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,662pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
RM15 5EG is a residential postcode situated on Elan Road, South Ockendon, RM15 with 20 addresses.
It ranks as the 245th largest and 140th 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 20 properties: 12 houses and 8 flats.
- Ave. Sale Price
- £294,794
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,662pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin RM15 5EG
- 1 Elan Road
Unknown
- 2 Elan Road
3 Bed Mid-century House
- 3 Elan Road
4 Bed Early-century House
- 4 Elan Road
3 Bed Mid-century House
- 5 Elan Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RM15 5EG sold for £370,000 on 2nd February 2023. Since then prices are down an average of 1.7%.
The current average value in the postcode is £294,794.
The RM15 5EG Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £294,794 |
| June 2025 | 2.9% | £294,223 |
| June 2024 | -3.9% | £285,904 |
| June 2023 | 0.7% | £297,496 |
| June 2022 | 13.1% | £295,346 |
| June 2021 | 5% | £261,250 |
| June 2020 | 1.1% | £248,877 |
| June 2019 | 0.1% | £246,230 |
| June 2018 | 2.2% | £245,969 |
| June 2017 | 4.3% | £240,672 |
| June 2016 | 19.5% | £230,699 |
| June 2015 | 16.4% | £192,982 |
| June 2014 | 14.5% | £165,735 |
| June 2013 | 2.6% | £144,685 |
| June 2012 | -1.9% | £140,966 |
| June 2011 | -0.1% | £143,746 |
| June 2010 | 9% | £143,922 |
| June 2009 | -15.5% | £132,040 |
| June 2008 | 1.6% | £156,217 |
| June 2007 | 0% | £153,716 |
Rental Market Trends
The current average rental value in the postcode is £1,662.
The RM15 5EG Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,662pcm |
| June 2025 | 5.1% | £1,601pcm |
| June 2024 | 9.6% | £1,523pcm |
| June 2023 | 12.7% | £1,390pcm |
| June 2022 | 6.8% | £1,233pcm |
| June 2021 | 1.9% | £1,154pcm |
| June 2020 | 2.7% | £1,133pcm |
| June 2019 | 1% | £1,103pcm |
| June 2018 | 0% | £1,092pcm |
| June 2017 | 0% | £1,091pcm |
| June 2016 | 7.1% | £1,091pcm |
| June 2015 | 8.1% | £1,019pcm |
| June 2014 | 4.5% | £943pcm |
| June 2013 | 3.3% | £902pcm |
| June 2012 | 4.1% | £873pcm |
| June 2011 | 3.2% | £839pcm |
| June 2010 | 5.5% | £813pcm |
| June 2009 | -5.4% | £771pcm |
| June 2008 | 5.5% | £815pcm |
| June 2007 | 0% | £772pcm |
Sales History
The last sale was on 2nd February 2023 for £370,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 11 sales since 1995.
RM15 5EG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£370,000 | 3 Bed House8, Elan Road, South Ockendon, RM15 5EG8, Elan Road, South Ockendon, RM15 5EG
- Sold Mar 2021£225,000 | 3 Bed House2, Elan Road, South Ockendon, RM15 5EG2, Elan Road, South Ockendon, RM15 5EG
- Sold Aug 2020£397,500 | 4 Bed House15, Elan Road, South Ockendon, RM15 5EG15, Elan Road, South Ockendon, RM15 5EG
- Sold Dec 2019£285,000 | 4 Bed House3, Elan Road, South Ockendon, RM15 5EG3, Elan Road, South Ockendon, RM15 5EG
- Sold Nov 2016£248,000 | 3 Bed House9, Elan Road, South Ockendon, RM15 5EG9, Elan Road, South Ockendon, RM15 5EG
Nearby Postcodes
RM15 5EG is the 245th largest and the 140th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5EJ, Easington Way, South Ockendon, RM15RM15 5EJ14 Addresses|61 m away
- RM15 5AF, Daiglen Drive, South Ockendon, RM15RM15 5AF36 Addresses|89 m away
- RM15 5EL, Enborne Green, South Ockendon, RM15RM15 5EL12 Addresses|99 m away
- RM15 5DX, Derry Avenue, South Ockendon, RM15RM15 5DX9 Addresses|106 m away
- RM15 5BB, Daiglen Drive, South Ockendon, RM15RM15 5BB2 Addresses|137 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- mid-century house (10)
- mid-century flat (8)
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (10)
- G (1)
- D (6)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2020£397,500 | 4 Bed House15, Elan Road, South Ockendon, RM15 5EG15, Elan Road, South Ockendon, RM15 5EG
- Sold Feb 2023£370,000 | 3 Bed House8, Elan Road, South Ockendon, RM15 5EG8, Elan Road, South Ockendon, RM15 5EG
- Sold Oct 2025£360,000 | 3 Bed House32, Elan Road, South Ockendon, RM15 5EQ32, Elan Road, South Ockendon, RM15 5EQ
Schools Nearby
- Bonnygate Primary School400 m away
- Shaw Primary Academy500 m away
- Holy Cross Catholic Primary School600 m away
- Harris Academy Ockendon400 m away
- Ormiston Park Academy2.1 km away
- Harris Academy Chafford Hundred3.4 km away
More reading links
Public Transport Nearby
The closest station to RM15 5EG is Ockendon station, which is 1.3 kilometres away.
- Ockendon|1.3 km away
- Chafford Hundred Lakeside|2.9 km away
- Purfleet|4.7 km away
- Grays|4.8 km away
