Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
RM15 5LQHouse Prices / East of England, Thurrock, Falcon Way
Last updated May 2026
Key Postcode Insights
RM15 5LQ is a residential postcode situated on Falcon Way, South Ockendon, RM15 with 32 addresses.
It ranks as the 396th largest and 114th 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 32 properties: 32 flats.
32
Properties
- Flats
Key Postcode Insights
RM15 5LQ is a residential postcode situated on Falcon Way, South Ockendon, RM15 with 32 addresses.
It ranks as the 396th largest and 114th 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 32 properties: 32 flats.
32
Properties
- Flats
Get a Fast Offer
for your property
House Pricesin RM15 5LQ
Sale prices range from £230,804 for 2 bedroom leasehold flats with a balcony (505 ft2) to £301,996 for 3 bedroom leasehold flats with a balcony (839 ft2) .
Monthly rental prices range from £1,385 pcm for 2 bed flats to £1,721 pcm for 3 bed flats.
The gross rental yield is between 6.8% and 7.2%.
The average value per square foot is £389.
Average Sale Value
£261,647
Average Rental Value
£1,514 pcm
Average Rental Yield
6.9% /year
Average Value Per Sqft
£389 /ft2
Sales Market Trendsin RM15 5LQ
The last sale in RM15 5LQ sold for £290,000 on 1st September 2025. Since then prices are up an average of 0.2%.
The current average value in the postcode is £261,647.
The RM15 5LQ Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £261,647 |
| April 2025 | 0.5% | £264,045 |
| April 2024 | -5% | £262,778 |
| April 2023 | 2.8% | £276,614 |
| April 2022 | 9.1% | £269,073 |
| April 2021 | 1.5% | £246,645 |
| April 2020 | 1.5% | £243,025 |
| April 2019 | -1.9% | £239,331 |
| April 2018 | 1.6% | £243,899 |
| April 2017 | 7.4% | £239,946 |
| April 2016 | 14.1% | £223,436 |
| April 2015 | 17.3% | £195,746 |
| April 2014 | 9.8% | £166,905 |
| April 2013 | 1.3% | £151,948 |
| April 2012 | 0% | £150,060 |
| April 2011 | -2.4% | £150,079 |
| April 2010 | 6.9% | £153,694 |
| April 2009 | -17.3% | £143,747 |
| April 2008 | 4.9% | £173,908 |
| April 2007 | 0% | £165,829 |
Rental Market Trendsin RM15 5LQ
The current average rental value in the postcode is £1,514.
The RM15 5LQ Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £1,514pcm |
| April 2025 | 2.8% | £1,508pcm |
| April 2024 | 11.7% | £1,467pcm |
| April 2023 | 6.8% | £1,314pcm |
| April 2022 | 5.7% | £1,231pcm |
| April 2021 | -0.6% | £1,165pcm |
| April 2020 | 1.5% | £1,171pcm |
| April 2019 | -1.6% | £1,154pcm |
| April 2018 | -0.3% | £1,173pcm |
| April 2017 | 3.2% | £1,176pcm |
| April 2016 | 2.7% | £1,140pcm |
| April 2015 | 6.3% | £1,109pcm |
| April 2014 | 1.7% | £1,044pcm |
| April 2013 | 3.7% | £1,026pcm |
| April 2012 | 4.3% | £989pcm |
| April 2011 | 0.6% | £949pcm |
| April 2010 | 3.1% | £943pcm |
| April 2009 | -5.5% | £915pcm |
| April 2008 | 4.5% | £968pcm |
| April 2007 | 0% | £927pcm |
Explore Buildingsin RM15 5LQ, Falcon Way, South Ockendon, RM15
- Cuthbert Court, Falcon Way, South Ockendon, RM15 Modern building 32 units
Sales Historyin RM15 5LQ
The last sale was on 1st September 2025 for £290,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 34 sales since 1995.
RM15 5LQ has seen 9 sales in the last three years and 1 sale in the last twelve months.
Sold Sep 2025£290,000 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 22, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Mar 2025£225,000 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 27, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold May 2023£289,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 18, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold May 2023£295,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 22, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Apr 2023£234,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 19, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Mar 2023£299,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 31, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Mar 2023£234,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 11, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Feb 2023£290,000 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 12, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Feb 2023£306,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 4, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£236,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 29, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£301,000 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 1, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£234,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 17, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£235,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 21, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£285,000 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 13, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£304,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 14, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£254,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 24, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£285,000 | 3 Bed FlatCuthbert Court 33, Falcon WayApartment 8, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£320,000 | 3 Bed FlatCuthbert Court 33, Falcon WayApartment 10, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£304,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 15, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£319,995 | 3 Bed FlatCuthbert Court 33, Falcon WayApartment 20, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£306,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 30, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£241,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 5, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£234,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 16, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£305,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 25, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£319,995 | 3 Bed FlatCuthbert Court 33, Falcon WayApartment 28, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£244,450 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 9, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£305,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 23, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£235,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 27, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£306,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 32, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£305,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 26, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Dec 2022£244,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 6, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Nov 2022£300,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 2, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Nov 2022£306,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 7, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Sold Nov 2022£302,995 | 2 Bed FlatCuthbert Court 33, Falcon WayApartment 3, Cuthbert Court 33, Falcon Way, South Ockendon, RM15 5LQ
Nearby Postcodesto RM15 5LQ
RM15 5LQ is the 396th largest and the 114th most expensive postcode out of the 539 postcodes in the RM15 area.
- 39 mRM15 5NU, Falcon Way, South Ockendon, RM15RM15 5NU11 Addresses
- 47 mRM15 5LF, Windstar Drive, South Ockendon, RM15RM15 5LF43 Addresses
- 54 mRM15 5GR, Park Way, South Ockendon, RM15RM15 5GR17 Addresses
- 72 mRM15 5GQ, Vanette Way, South Ockendon, RM15RM15 5GQ16 Addresses
- 85 mRM15 5FW, Falcon Way, South Ockendon, RM15RM15 5FW43 Addresses
- 107 mRM15 5LG, Windstar Drive, South Ockendon, RM15RM15 5LG15 Addresses
Estate Agents active nearby!
What's this?
Be the first Estate
Agent here!
Property Typesin RM15 5LQ
- 32 modern flats built after 1980
- modern flat (32)
Energy Efficiencyof properties in RM15 5LQ
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (32)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Falcon Way
- Sold Oct 2023£3,914,855 | 2 Bed FlatFalcon Way44, Falcon Way, South Ockendon, RM15 5FW
- Sold Nov 2022£495,750 | 2 Bed FlatBenedict Court 56, Falcon WayApartment 1, Benedict Court 56, Falcon Way, South Ockendon, RM15 5NU
- Sold May 2024£490,000 | 4 Bed HouseFalcon Way14, Falcon Way, South Ockendon, RM15 5FW
Schools Nearbyto RM15 5LQ
The nearest primary school to RM15 5LQ is Benyon Primary School which is 664 metres away.
- 664mBenyon Primary School
- 665mBonnygate Primary School
- 1.2kmShaw Primary Academy
The nearest secondary school is Harris Academy Ockendon which is 1.0 kilometres away.
- 1.0kmHarris Academy Ockendon
- 2.8kmOrmiston Park Academy
- 3.5kmWilliam Edwards School
More reading links
Public Transport Nearbyto RM15 5LQ
The closest station to RM15 5LQ is Ockendon station which is 300 metres away.
- 339mOckendon
- 3.7kmChafford Hundred Lakeside
- 5.1kmUpminster
