RM15 5FT is a residential postcode situated on Torino Way, South Ockendon, RM15 with 18 addresses.
It ranks as the 224th largest and 107th 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 18 properties: 4 houses and 14 flats.
RM15 5FT is a residential postcode situated on Torino Way, South Ockendon, RM15 with 18 addresses.
It ranks as the 224th largest and 107th 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 18 properties: 4 houses and 14 flats.
Sale prices range from £246,682 for 2 bedroom leasehold flats (624 ft2) to £443,186 for 3 bedroom leasehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £1,441 pcm for 2 bed flats to £1,995 pcm for 3 bed houses.
The gross rental yield is between 5.4% and 7.0%.
The average value per square foot is £395.
The last sale in RM15 5FT sold for £250,000 on 19th December 2025. Since then prices are up an average of 0.5%.
The current average value in the postcode is £290,375.
The RM15 5FT Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £290,375 |
| April 2025 | 2.1% | £288,943 |
| April 2024 | -4.4% | £282,891 |
| April 2023 | 3.9% | £295,886 |
| April 2022 | 10.7% | £284,794 |
| April 2021 | 3% | £257,233 |
| April 2020 | 1.6% | £249,811 |
| April 2019 | -0.6% | £245,822 |
| April 2018 | 2.6% | £247,391 |
| April 2017 | 6.4% | £241,184 |
| April 2016 | 17.3% | £226,720 |
| April 2015 | 17.9% | £193,260 |
| April 2014 | 11% | £163,851 |
| April 2013 | 2.4% | £147,612 |
| April 2012 | -0.5% | £144,089 |
| April 2011 | 0.1% | £144,822 |
| April 2010 | 6.3% | £144,729 |
| April 2009 | -17.4% | £136,088 |
| April 2008 | 5.9% | £164,732 |
| April 2007 | 0% | £155,566 |
The current average rental value in the postcode is £1,565.
The RM15 5FT Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,565pcm |
| April 2025 | 4.5% | £1,537pcm |
| April 2024 | 12.4% | £1,471pcm |
| April 2023 | 7.9% | £1,309pcm |
| April 2022 | 7.2% | £1,213pcm |
| April 2021 | 0.9% | £1,131pcm |
| April 2020 | 1.6% | £1,121pcm |
| April 2019 | -0.4% | £1,104pcm |
| April 2018 | 0.6% | £1,108pcm |
| April 2017 | 2.3% | £1,101pcm |
| April 2016 | 5.6% | £1,077pcm |
| April 2015 | 6.9% | £1,020pcm |
| April 2014 | 2.8% | £954pcm |
| April 2013 | 5% | £928pcm |
| April 2012 | 3.8% | £885pcm |
| April 2011 | 3.1% | £853pcm |
| April 2010 | 2.5% | £827pcm |
| April 2009 | -5.6% | £807pcm |
| April 2008 | 5.5% | £854pcm |
| April 2007 | 0% | £810pcm |
The last sale was on 19th December 2025 for £250,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 34 sales since 1995.
RM15 5FT has seen 3 sales in the last three years and 1 sale in the last twelve months.
RM15 5FT is the 224th largest and the 107th most expensive postcode out of the 539 postcodes in the RM15 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around RM15 5FT, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM15 5FT, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM15 5FT, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM15 5FT, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.