Foyle Drive - RM15 5LU
Key Postcode Insights
RM15 5LU is a residential postcode situated on Foyle Drive, South Ockendon, RM15 with 15 addresses.
It ranks as the 182nd largest and 337th 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 15 properties: 15 houses.
- Ave. Sale Price
- £369,172
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,891pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £402/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
RM15 5LU is a residential postcode situated on Foyle Drive, South Ockendon, RM15 with 15 addresses.
It ranks as the 182nd largest and 337th 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 15 properties: 15 houses.
- Ave. Sale Price
- £369,172
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,891pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £402/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin RM15 5LU
- 35 Foyle Drive
Unknown
- 37 Foyle Drive
3 Bed Mid-century House
- 39 Foyle Drive
3 Bed Mid-century House
- 41 Foyle Drive
3 Bed Mid-century House
- 43 Foyle Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in RM15 5LU sold for £420,000 on 5th November 2024. Since then prices are up an average of 1.8%.
The current average value in the postcode is £369,172.
The RM15 5LU Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £369,172 |
| June 2025 | 3.3% | £368,921 |
| June 2024 | -4% | £357,134 |
| June 2023 | 1% | £372,206 |
| June 2022 | 13.8% | £368,585 |
| June 2021 | 5.7% | £323,946 |
| June 2020 | 1.4% | £306,338 |
| June 2019 | 0.9% | £302,019 |
| June 2018 | 2.7% | £299,435 |
| June 2017 | 4.8% | £291,550 |
| June 2016 | 18.6% | £278,111 |
| June 2015 | 16% | £234,420 |
| June 2014 | 14.5% | £202,034 |
| June 2013 | 2.9% | £176,468 |
| June 2012 | -1.3% | £171,513 |
| June 2011 | 0.6% | £173,792 |
| June 2010 | 10.9% | £172,838 |
| June 2009 | -14.5% | £155,840 |
| June 2008 | 1.1% | £182,261 |
| June 2007 | 0% | £180,350 |
Rental Market Trends
The current average rental value in the postcode is £1,891.
The RM15 5LU Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,891pcm |
| June 2025 | 5.5% | £1,823pcm |
| June 2024 | 9.3% | £1,727pcm |
| June 2023 | 12.9% | £1,580pcm |
| June 2022 | 7.7% | £1,399pcm |
| June 2021 | 2.7% | £1,299pcm |
| June 2020 | 3.1% | £1,265pcm |
| June 2019 | 1.8% | £1,227pcm |
| June 2018 | 0.5% | £1,206pcm |
| June 2017 | 0.5% | £1,199pcm |
| June 2016 | 6.3% | £1,194pcm |
| June 2015 | 7.8% | £1,123pcm |
| June 2014 | 4.5% | £1,042pcm |
| June 2013 | 3.6% | £997pcm |
| June 2012 | 4.6% | £962pcm |
| June 2011 | 3.9% | £920pcm |
| June 2010 | 7.4% | £885pcm |
| June 2009 | -4.3% | £825pcm |
| June 2008 | 4.9% | £861pcm |
| June 2007 | 0% | £821pcm |
Sales History
The last sale was on 5th November 2024 for £420,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 18 sales since 1995.
RM15 5LU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£420,000 | 4 Bed House45, Foyle Drive, South Ockendon, RM15 5LU45, Foyle Drive, South Ockendon, RM15 5LU
- Sold Feb 2023£173,000 | 3 Bed House43, Foyle Drive, South Ockendon, RM15 5LU43, Foyle Drive, South Ockendon, RM15 5LU
- Sold Apr 2022£360,000 | 3 Bed House57, Foyle Drive, South Ockendon, RM15 5LU57, Foyle Drive, South Ockendon, RM15 5LU
- Sold Feb 2022£325,000 | 3 Bed House41, Foyle Drive, South Ockendon, RM15 5LU41, Foyle Drive, South Ockendon, RM15 5LU
- Sold Feb 2021£348,000 | 4 Bed House59, Foyle Drive, South Ockendon, RM15 5LU59, Foyle Drive, South Ockendon, RM15 5LU
Nearby Postcodes
RM15 5LU is the 182nd largest and the 337th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5HZ, Fullarton Crescent, South Ockendon, RM15RM15 5HZ29 Addresses|67 m away
- RM15 5HX, Gatehope Drive, South Ockendon, RM15RM15 5HX14 Addresses|89 m away
- RM15 5HY, Fullarton Crescent, South Ockendon, RM15RM15 5HY17 Addresses|112 m away
- RM15 5LT, Foyle Drive, South Ockendon, RM15RM15 5LT15 Addresses|125 m away
- RM15 5HU, Fusedale Way, South Ockendon, RM15RM15 5HU12 Addresses|139 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (12)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (7)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Apr 2022£490,000 | 4 Bed House108, Foyle Drive, South Ockendon, RM15 5HE108, Foyle Drive, South Ockendon, RM15 5HE
- Sold Mar 2021£466,000 | 4 Bed House11, Foyle Drive, South Ockendon, RM15 5LX11, Foyle Drive, South Ockendon, RM15 5LX
- Sold Oct 2022£430,000 | 3 Bed House88, Foyle Drive, South Ockendon, RM15 5HE88, Foyle Drive, South Ockendon, RM15 5HE
Schools Nearby
- Somers Heath Primary School200 m away
- Dilkes Academy300 m away
- Holy Cross Catholic Primary School400 m away
- Harris Academy Ockendon900 m away
- Ormiston Park Academy1.5 km away
- Harris Academy Chafford Hundred2.9 km away
More reading links
Public Transport Nearby
The closest station to RM15 5LU is Ockendon station, which is 2.0 kilometres away.
- Ockendon|2.0 km away
- Chafford Hundred Lakeside|2.4 km away
- Purfleet|3.9 km away
- Grays|4.6 km away
