Elan Road - RM15 5EQ
Key Postcode Insights
RM15 5EQ is a residential postcode situated on Elan Road, South Ockendon, RM15 with 26 addresses.
It ranks as the 322nd largest and 223rd 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 26 properties: 18 houses and 8 flats.
- Ave. Sale Price
- £308,376
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,698pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £386/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
RM15 5EQ is a residential postcode situated on Elan Road, South Ockendon, RM15 with 26 addresses.
It ranks as the 322nd largest and 223rd 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 26 properties: 18 houses and 8 flats.
- Ave. Sale Price
- £308,376
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,698pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £386/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin RM15 5EQ
- 17 Elan Road
3 Bed Early-century House
- 19 Elan Road
Unknown
- 21 Elan Road
3 Bed Mid-century House
- 23 Elan Road
3 Bed Mid-century House
- 26 Elan Road
Unknown
Sales Market Trends
The last sale in RM15 5EQ sold for £360,000 on 1st October 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £308,376.
The RM15 5EQ Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £308,376 |
| June 2025 | 2.9% | £307,779 |
| June 2024 | -3.9% | £299,077 |
| June 2023 | 0.7% | £311,202 |
| June 2022 | 13.1% | £308,953 |
| June 2021 | 5% | £273,287 |
| June 2020 | 1.1% | £260,343 |
| June 2019 | 0.1% | £257,575 |
| June 2018 | 2.2% | £257,301 |
| June 2017 | 4.3% | £251,761 |
| June 2016 | 19.5% | £241,328 |
| June 2015 | 16.4% | £201,874 |
| June 2014 | 14.5% | £173,371 |
| June 2013 | 2.6% | £151,351 |
| June 2012 | -1.9% | £147,461 |
| June 2011 | -0.1% | £150,369 |
| June 2010 | 9% | £150,553 |
| June 2009 | -15.5% | £138,124 |
| June 2008 | 1.6% | £163,414 |
| June 2007 | 0% | £160,798 |
Rental Market Trends
The current average rental value in the postcode is £1,698.
The RM15 5EQ Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,698pcm |
| June 2025 | 5.1% | £1,635pcm |
| June 2024 | 9.6% | £1,556pcm |
| June 2023 | 12.7% | £1,420pcm |
| June 2022 | 6.8% | £1,260pcm |
| June 2021 | 1.9% | £1,179pcm |
| June 2020 | 2.7% | £1,157pcm |
| June 2019 | 1% | £1,127pcm |
| June 2018 | 0% | £1,115pcm |
| June 2017 | 0% | £1,115pcm |
| June 2016 | 7.1% | £1,115pcm |
| June 2015 | 8.1% | £1,041pcm |
| June 2014 | 4.5% | £964pcm |
| June 2013 | 3.3% | £922pcm |
| June 2012 | 4.1% | £892pcm |
| June 2011 | 3.2% | £857pcm |
| June 2010 | 5.5% | £831pcm |
| June 2009 | -5.4% | £787pcm |
| June 2008 | 5.5% | £832pcm |
| June 2007 | 0% | £789pcm |
Sales History
The last sale was on 1st October 2025 for £360,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 18 sales since 1995.
RM15 5EQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£360,000 | 3 Bed House32, Elan Road, South Ockendon, RM15 5EQ32, Elan Road, South Ockendon, RM15 5EQ
- Sold Dec 2024£340,000 | 3 Bed House30, Elan Road, South Ockendon, RM15 5EQ30, Elan Road, South Ockendon, RM15 5EQ
- Sold Oct 2024£200,000 | 2 Bed Flat56, Elan Road, South Ockendon, RM15 5EQ56, Elan Road, South Ockendon, RM15 5EQ
- Sold Jan 2022£321,850 | 3 Bed House40, Elan Road, South Ockendon, RM15 5EQ40, Elan Road, South Ockendon, RM15 5EQ
- Sold Apr 2021£300,000 | 3 Bed House44, Elan Road, South Ockendon, RM15 5EQ44, Elan Road, South Ockendon, RM15 5EQ
Nearby Postcodes
RM15 5EQ is the 322nd largest and the 223rd most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5AN, Erriff Drive, South Ockendon, RM15RM15 5AN8 Addresses|63 m away
- RM15 5AF, Daiglen Drive, South Ockendon, RM15RM15 5AF36 Addresses|86 m away
- RM15 5AW, Erriff Drive, South Ockendon, RM15RM15 5AW44 Addresses|115 m away
- RM15 5EN, Ernan Close, South Ockendon, RM15RM15 5EN26 Addresses|125 m away
- RM15 5EL, Enborne Green, South Ockendon, RM15RM15 5EL12 Addresses|138 m away
Property Types
- 13 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (13)
- mid-century flat (6)
- early-century house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (8)
- G (0)
- D (11)
- No EPC (5)
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 School300 m away
- Shaw Primary Academy500 m away
- Holy Cross Catholic Primary School700 m away
- Harris Academy Ockendon400 m away
- Ormiston Park Academy2.1 km away
- Harris Academy Chafford Hundred3.5 km away
More reading links
Public Transport Nearby
The closest station to RM15 5EQ is Ockendon station, which is 1.2 kilometres away.
- Ockendon|1.2 km away
- Chafford Hundred Lakeside|3.0 km away
- Purfleet|4.7 km away
- Grays|4.9 km away