Darenth Lane - RM15 5LY
Key Postcode Insights
RM15 5LY is a residential postcode situated on Darenth Lane, South Ockendon, RM15 with 8 addresses.
It ranks as the 84th largest and 150th 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 8 properties: 6 houses and 2 flats.
- Ave. Sale Price
- £309,899
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,552pcm
- 10 Year change
- up 53.8%
- Ave. £ per ft²
- £436/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RM15 5LY is a residential postcode situated on Darenth Lane, South Ockendon, RM15 with 8 addresses.
It ranks as the 84th largest and 150th 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 8 properties: 6 houses and 2 flats.
- Ave. Sale Price
- £309,899
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,552pcm
- 10 Year change
- up 53.8%
- Ave. £ per ft²
- £436/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin RM15 5LY
- Sweet William Nursery
Building | 2 Flats
- 1 Darenth Lane
3 Bed Mid-century House
- 3 Darenth Lane
4 Bed Mid-century House
- 5 Darenth Lane
3 Bed Mid-century House
- 7 Darenth Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in RM15 5LY sold for £400,000 on 6th February 2023. Since then prices are down an average of 1.8%.
The current average value in the postcode is £309,899.
The RM15 5LY Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £309,899 |
| June 2025 | 3.1% | £309,350 |
| June 2024 | -4.1% | £300,027 |
| June 2023 | 0.7% | £312,706 |
| June 2022 | 13.5% | £310,571 |
| June 2021 | 5.2% | £273,521 |
| June 2020 | 1% | £260,065 |
| June 2019 | 0.2% | £257,425 |
| June 2018 | 2.4% | £256,932 |
| June 2017 | 4.4% | £250,831 |
| June 2016 | 19.5% | £240,250 |
| June 2015 | 16.7% | £201,087 |
| June 2014 | 14.8% | £172,370 |
| June 2013 | 2.8% | £150,144 |
| June 2012 | -1.3% | £146,102 |
| June 2011 | -0.3% | £148,032 |
| June 2010 | 9.2% | £148,455 |
| June 2009 | -15.6% | £135,900 |
| June 2008 | 1.5% | £160,986 |
| June 2007 | 0% | £158,612 |
Rental Market Trends
The current average rental value in the postcode is £1,552.
The RM15 5LY Rental Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,552pcm |
| June 2025 | 5.3% | £1,495pcm |
| June 2024 | 9.4% | £1,419pcm |
| June 2023 | 12.6% | £1,297pcm |
| June 2022 | 7.3% | £1,152pcm |
| June 2021 | 2.1% | £1,073pcm |
| June 2020 | 2.7% | £1,051pcm |
| June 2019 | 1.1% | £1,024pcm |
| June 2018 | 0.3% | £1,013pcm |
| June 2017 | 0.1% | £1,010pcm |
| June 2016 | 7% | £1,009pcm |
| June 2015 | 8.3% | £943pcm |
| June 2014 | 4.8% | £871pcm |
| June 2013 | 3.5% | £831pcm |
| June 2012 | 4.7% | £804pcm |
| June 2011 | 3% | £767pcm |
| June 2010 | 5.7% | £745pcm |
| June 2009 | -5.5% | £704pcm |
| June 2008 | 5.3% | £745pcm |
| June 2007 | 0% | £708pcm |
Sales History
The last sale was on 6th February 2023 for £400,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 9 sales since 1995.
RM15 5LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£400,000 | 3 Bed House5, Darenth Lane, South Ockendon, RM15 5LY5, Darenth Lane, South Ockendon, RM15 5LY
- Sold Jul 2016£335,000 | 3 Bed House1, Darenth Lane, South Ockendon, RM15 5LY1, Darenth Lane, South Ockendon, RM15 5LY
- Sold Oct 2003£124,000 | 2 Bed House9, Darenth Lane, South Ockendon, RM15 5LY9, Darenth Lane, South Ockendon, RM15 5LY
- Sold Jul 2002£90,000 | 2 Bed House9, Darenth Lane, South Ockendon, RM15 5LY9, Darenth Lane, South Ockendon, RM15 5LY
- Sold May 2002£139,000 | 3 Bed House1, Darenth Lane, South Ockendon, RM15 5LY1, Darenth Lane, South Ockendon, RM15 5LY
Nearby Postcodes
RM15 5LY is the 84th largest and the 150th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5LZ, Dene Path, South Ockendon, RM15RM15 5LZ28 Addresses|68 m away
- RM15 5LR, Dalroy Close, South Ockendon, RM15RM15 5LR28 Addresses|77 m away
- RM15 5HE, Foyle Drive, South Ockendon, RM15RM15 5HE33 Addresses|121 m away
- RM15 5LN, Darenth Lane, South Ockendon, RM15RM15 5LN8 Addresses|126 m away
- RM15 5ES, Dunkellin Way, South Ockendon, RM15RM15 5ES37 Addresses|144 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (5)
- mid-century flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2025£435,000 | 4 Bed House13, Darenth Lane, South Ockendon, RM15 5LN13, Darenth Lane, South Ockendon, RM15 5LN
- Sold Feb 2023£400,000 | 3 Bed House5, Darenth Lane, South Ockendon, RM15 5LY5, Darenth Lane, South Ockendon, RM15 5LY
- Sold Aug 2018£345,000 | 4 Bed House27, Darenth Lane, South Ockendon, RM15 5LN27, Darenth Lane, South Ockendon, RM15 5LN
Schools Nearby
- Dilkes Academy400 m away
- Holy Cross Catholic Primary School400 m away
- Somers Heath Primary School500 m away
- Harris Academy Ockendon600 m away
- Ormiston Park Academy1.7 km away
- Harris Academy Chafford Hundred3.1 km away
More reading links
Public Transport Nearby
The closest station to RM15 5LY is Ockendon station, which is 1.7 kilometres away.
- Ockendon|1.7 km away
- Chafford Hundred Lakeside|2.6 km away
- Purfleet|4.2 km away
- Grays|4.7 km away
