Gatehope Drive - RM15 5HX
Key Postcode Insights
RM15 5HX is a residential postcode situated on Gatehope Drive, South Ockendon, RM15 with 14 addresses.
It ranks as the 160th largest and 397th 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 14 properties: 14 houses.
- Ave. Sale Price
- £381,424
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,995pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
RM15 5HX is a residential postcode situated on Gatehope Drive, South Ockendon, RM15 with 14 addresses.
It ranks as the 160th largest and 397th 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 14 properties: 14 houses.
- Ave. Sale Price
- £381,424
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,995pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin RM15 5HX
- 1 Gatehope Drive
4 Bed Mid-century House
- 2 Gatehope Drive
3 Bed Mid-century House
- 3 Gatehope Drive
3 Bed Mid-century House
- 4 Gatehope Drive
3 Bed Mid-century House
- 5 Gatehope Drive
Unknown
Sales Market Trends
The last sale in RM15 5HX sold for £385,000 on 22nd November 2024. Since then prices are up an average of 1.3%.
The current average value in the postcode is £381,424.
The RM15 5HX Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £381,424 |
| June 2025 | 3.3% | £381,164 |
| June 2024 | -4% | £368,986 |
| June 2023 | 1% | £384,558 |
| June 2022 | 13.8% | £380,817 |
| June 2021 | 5.7% | £334,697 |
| June 2020 | 1.4% | £316,505 |
| June 2019 | 0.9% | £312,041 |
| June 2018 | 2.7% | £309,372 |
| June 2017 | 4.8% | £301,226 |
| June 2016 | 18.6% | £287,341 |
| June 2015 | 16% | £242,199 |
| June 2014 | 14.5% | £208,739 |
| June 2013 | 2.9% | £182,325 |
| June 2012 | -1.3% | £177,205 |
| June 2011 | 0.6% | £179,559 |
| June 2010 | 10.9% | £178,574 |
| June 2009 | -14.5% | £161,012 |
| June 2008 | 1.1% | £188,309 |
| June 2007 | 0% | £186,335 |
Rental Market Trends
The current average rental value in the postcode is £1,995.
The RM15 5HX Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,995pcm |
| June 2025 | 5.5% | £1,923pcm |
| June 2024 | 9.3% | £1,823pcm |
| June 2023 | 12.9% | £1,667pcm |
| June 2022 | 7.7% | £1,476pcm |
| June 2021 | 2.7% | £1,371pcm |
| June 2020 | 3.1% | £1,335pcm |
| June 2019 | 1.8% | £1,295pcm |
| June 2018 | 0.5% | £1,272pcm |
| June 2017 | 0.5% | £1,266pcm |
| June 2016 | 6.3% | £1,259pcm |
| June 2015 | 7.8% | £1,185pcm |
| June 2014 | 4.5% | £1,100pcm |
| June 2013 | 3.6% | £1,052pcm |
| June 2012 | 4.6% | £1,015pcm |
| June 2011 | 3.9% | £971pcm |
| June 2010 | 7.4% | £934pcm |
| June 2009 | -4.3% | £870pcm |
| June 2008 | 4.9% | £909pcm |
| June 2007 | 0% | £866pcm |
Sales History
The last sale was on 22nd November 2024 for £385,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 13 sales since 1995.
RM15 5HX has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£385,000 | 4 Bed House11, Gatehope Drive, South Ockendon, RM15 5HX11, Gatehope Drive, South Ockendon, RM15 5HX
- Sold Aug 2023£350,000 | 4 Bed House10, Gatehope Drive, South Ockendon, RM15 5HX10, Gatehope Drive, South Ockendon, RM15 5HX
- Sold Sep 2019£375,000 | 3 Bed House4, Gatehope Drive, South Ockendon, RM15 5HX4, Gatehope Drive, South Ockendon, RM15 5HX
- Sold Oct 2018£355,000 | 3 Bed House3, Gatehope Drive, South Ockendon, RM15 5HX3, Gatehope Drive, South Ockendon, RM15 5HX
- Sold Jun 2018£310,000 | 4 Bed House7, Gatehope Drive, South Ockendon, RM15 5HX7, Gatehope Drive, South Ockendon, RM15 5HX
Nearby Postcodes
RM15 5HX is the 160th largest and the 397th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5HY, Fullarton Crescent, South Ockendon, RM15RM15 5HY17 Addresses|66 m away
- RM15 5HW, Fullarton Crescent, South Ockendon, RM15RM15 5HW41 Addresses|80 m away
- RM15 5LT, Foyle Drive, South Ockendon, RM15RM15 5LT15 Addresses|87 m away
- RM15 5LU, Foyle Drive, South Ockendon, RM15RM15 5LU15 Addresses|89 m away
- RM15 5HZ, Fullarton Crescent, South Ockendon, RM15RM15 5HZ29 Addresses|119 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (7)
- early-century house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- 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 School300 m away
- Holy Cross Catholic Primary School500 m away
- Harris Academy Ockendon800 m away
- Ormiston Park Academy1.4 km away
- Harris Academy Chafford Hundred3.0 km away
More reading links
Public Transport Nearby
The closest station to RM15 5HX is Ockendon station, which is 2.0 kilometres away.
- Ockendon|2.0 km away
- Chafford Hundred Lakeside|2.5 km away
- Purfleet|3.9 km away
- Grays|4.7 km away