Gatehope Drive - RM15 5HS
Key Postcode Insights
RM15 5HS is a residential postcode situated on Gatehope Drive, South Ockendon, RM15 with 16 addresses.
It ranks as the 194th largest and 350th 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 16 properties: 16 houses.
- Ave. Sale Price
- £365,462
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,885pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
RM15 5HS is a residential postcode situated on Gatehope Drive, South Ockendon, RM15 with 16 addresses.
It ranks as the 194th largest and 350th 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 16 properties: 16 houses.
- Ave. Sale Price
- £365,462
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,885pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin RM15 5HS
- 15 Gatehope Drive
3 Bed House
- 16 Gatehope Drive
3 Bed Mid-century House
- 17 Gatehope Drive
3 Bed Mid-century House
- 18 Gatehope Drive
Unknown
- 19 Gatehope Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in RM15 5HS sold for £350,000 on 15th November 2022. Since then prices are down an average of 1.5%.
The current average value in the postcode is £365,462.
The RM15 5HS Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £365,462 |
| June 2025 | 3.3% | £365,214 |
| June 2024 | -4% | £353,545 |
| June 2023 | 1% | £368,465 |
| June 2022 | 13.8% | £364,881 |
| June 2021 | 5.7% | £320,691 |
| June 2020 | 1.4% | £303,260 |
| June 2019 | 0.9% | £298,984 |
| June 2018 | 2.7% | £296,426 |
| June 2017 | 4.8% | £288,620 |
| June 2016 | 18.6% | £275,316 |
| June 2015 | 16% | £232,064 |
| June 2014 | 14.5% | £200,004 |
| June 2013 | 2.9% | £174,695 |
| June 2012 | -1.3% | £169,790 |
| June 2011 | 0.6% | £172,045 |
| June 2010 | 10.9% | £171,101 |
| June 2009 | -14.5% | £154,274 |
| June 2008 | 1.1% | £180,429 |
| June 2007 | 0% | £178,538 |
Rental Market Trends
The current average rental value in the postcode is £1,885.
The RM15 5HS Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,885pcm |
| June 2025 | 5.5% | £1,817pcm |
| June 2024 | 9.3% | £1,722pcm |
| June 2023 | 12.9% | £1,575pcm |
| June 2022 | 7.7% | £1,395pcm |
| June 2021 | 2.7% | £1,295pcm |
| June 2020 | 3.1% | £1,261pcm |
| June 2019 | 1.8% | £1,224pcm |
| June 2018 | 0.5% | £1,202pcm |
| June 2017 | 0.5% | £1,196pcm |
| June 2016 | 6.3% | £1,190pcm |
| June 2015 | 7.8% | £1,120pcm |
| June 2014 | 4.5% | £1,039pcm |
| June 2013 | 3.6% | £994pcm |
| June 2012 | 4.6% | £959pcm |
| June 2011 | 3.9% | £917pcm |
| June 2010 | 7.4% | £883pcm |
| June 2009 | -4.3% | £822pcm |
| June 2008 | 4.9% | £859pcm |
| June 2007 | 0% | £818pcm |
Sales History
The last sale was on 15th November 2022 for £350,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 13 sales since 1995.
RM15 5HS has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£350,000 | 3 Bed House25, Gatehope Drive, South Ockendon, RM15 5HS25, Gatehope Drive, South Ockendon, RM15 5HS
- Sold Nov 2019£270,000 | 3 Bed House30, Gatehope Drive, South Ockendon, RM15 5HS30, Gatehope Drive, South Ockendon, RM15 5HS
- Sold Aug 2018£286,000 | 3 Bed House26, Gatehope Drive, South Ockendon, RM15 5HS26, Gatehope Drive, South Ockendon, RM15 5HS
- Sold Dec 2015£350,000 | 4 Bed House20, Gatehope Drive, South Ockendon, RM15 5HS20, Gatehope Drive, South Ockendon, RM15 5HS
- Sold Aug 2015£272,500 | 3 Bed House19, Gatehope Drive, South Ockendon, RM15 5HS19, Gatehope Drive, South Ockendon, RM15 5HS
Nearby Postcodes
RM15 5HS is the 194th largest and the 350th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5HT, Frances Gardens, South Ockendon, RM15RM15 5HT28 Addresses|83 m away
- RM15 5HY, Fullarton Crescent, South Ockendon, RM15RM15 5HY17 Addresses|88 m away
- RM15 5HW, Fullarton Crescent, South Ockendon, RM15RM15 5HW41 Addresses|97 m away
- RM15 5JQ, Garron Lane, South Ockendon, RM15RM15 5JQ26 Addresses|120 m away
- RM15 5HX, Gatehope Drive, South Ockendon, RM15RM15 5HX14 Addresses|123 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (9)
- house (2)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Oct 2017£536,000 | 5 Bed House65, Gatehope Drive, South Ockendon, RM15 5JR65, Gatehope Drive, South Ockendon, RM15 5JR
- Sold Dec 2016£505,000 | 5 Bed House57, Gatehope Drive, South Ockendon, RM15 5JR57, Gatehope Drive, South Ockendon, RM15 5JR
- Sold Oct 2020£400,000 | 4 Bed House61, Gatehope Drive, South Ockendon, RM15 5JR61, Gatehope Drive, South Ockendon, RM15 5JR
Schools Nearby
- Dilkes Academy200 m away
- Somers Heath Primary School400 m away
- Holy Cross Catholic Primary School600 m away
- Harris Academy Ockendon900 m away
- Ormiston Park Academy1.3 km away
- Harris Academy Chafford Hundred3.0 km away
More reading links
Public Transport Nearby
The closest station to RM15 5HS is Ockendon station, which is 2.1 kilometres away.
- Ockendon|2.1 km away
- Chafford Hundred Lakeside|2.5 km away
- Purfleet|3.8 km away
- Grays|4.7 km away
