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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
RM15 5NUHouse Prices / East of England, Thurrock, Falcon Way
Last updated May 2026
Key Postcode Insights
RM15 5NU is a residential postcode situated on Falcon Way, South Ockendon, RM15 with 11 addresses.
It ranks as the 128th largest and 55th 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 11 properties: 11 flats.
11
Properties
- Flats
Key Postcode Insights
RM15 5NU is a residential postcode situated on Falcon Way, South Ockendon, RM15 with 11 addresses.
It ranks as the 128th largest and 55th 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 11 properties: 11 flats.
11
Properties
- Flats
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House Pricesin RM15 5NU
Sale prices range from £194,460 for 2 bedroom Leasehold flats (688 ft2) to £194,460 for 2 bedroom Leasehold flats (688 ft2) .
Monthly rental prices range from £1,327 pcm for 2 bed flats to £1,327 pcm for 2 bed flats.
The gross rental yield is between 8.2% and 8.2%.
The average value per square foot is £282.
Average Sale Value
£194,460
Average Rental Value
£1,327 pcm
Average Rental Yield
8.2% /year
Average Value Per Sqft
£282 /ft2
Sales Market Trendsin RM15 5NU
The last sale in RM15 5NU sold for £495,750 on 29th November 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £194,460.
The RM15 5NU Sales Market has increased by 17.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £194,460 |
| April 2025 | 1.2% | £195,162 |
| April 2024 | -4.2% | £192,924 |
| April 2023 | 2.6% | £201,362 |
| April 2022 | 8.8% | £196,166 |
| April 2021 | 1.2% | £180,272 |
| April 2020 | 1.3% | £178,053 |
| April 2019 | -1.4% | £175,821 |
| April 2018 | 1.6% | £178,379 |
| April 2017 | 5.8% | £175,608 |
| April 2016 | 16.4% | £165,932 |
| April 2015 | 17.7% | £142,602 |
| April 2014 | 9.8% | £121,112 |
| April 2013 | 0.7% | £110,324 |
| April 2012 | -0.4% | £109,608 |
| April 2011 | -1.8% | £110,053 |
| April 2010 | 6.4% | £112,080 |
| April 2009 | -17.4% | £105,383 |
| April 2008 | 5.5% | £127,548 |
| April 2007 | 0% | £120,906 |
Rental Market Trendsin RM15 5NU
The current average rental value in the postcode is £1,327.
The RM15 5NU Rental Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £1,327pcm |
| April 2025 | 3.5% | £1,315pcm |
| April 2024 | 12.6% | £1,271pcm |
| April 2023 | 6.6% | £1,128pcm |
| April 2022 | 5.4% | £1,058pcm |
| April 2021 | -0.8% | £1,004pcm |
| April 2020 | 1.2% | £1,012pcm |
| April 2019 | -1.2% | £1,000pcm |
| April 2018 | -0.3% | £1,012pcm |
| April 2017 | 1.7% | £1,016pcm |
| April 2016 | 4.7% | £998pcm |
| April 2015 | 6.7% | £953pcm |
| April 2014 | 1.7% | £893pcm |
| April 2013 | 3.1% | £879pcm |
| April 2012 | 3.9% | £852pcm |
| April 2011 | 1.1% | £820pcm |
| April 2010 | 2.5% | £811pcm |
| April 2009 | -5.5% | £791pcm |
| April 2008 | 5.1% | £838pcm |
| April 2007 | 0% | £797pcm |
Explore Buildingsin RM15 5NU, Falcon Way, South Ockendon, RM15
- Benedict Court, Falcon Way, South Ockendon, RM15 Modern building 11 units
Sales Historyin RM15 5NU
The last sale was on 29th November 2022 for £495,750 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
RM15 5NU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto RM15 5NU
RM15 5NU is the 128th largest and the 55th most expensive postcode out of the 539 postcodes in the RM15 area.
- 39 mRM15 5LQ, Falcon Way, South Ockendon, RM15RM15 5LQ32 Addresses
- 47 mRM15 5LF, Windstar Drive, South Ockendon, RM15RM15 5LF43 Addresses
- 92 mRM15 5GR, Park Way, South Ockendon, RM15RM15 5GR17 Addresses
- 103 mRM15 5LG, Windstar Drive, South Ockendon, RM15RM15 5LG15 Addresses
- 111 mRM15 5GQ, Vanette Way, South Ockendon, RM15RM15 5GQ16 Addresses
- 115 mRM15 5FW, Falcon Way, South Ockendon, RM15RM15 5FW43 Addresses
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Property Typesin RM15 5NU
- 11 modern flats built after 1980
- modern flat (11)
Energy Efficiencyof properties in RM15 5NU
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (11)
- 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 5NU
The nearest primary school to RM15 5NU is Benyon Primary School which is 642 metres away.
- 642mBenyon Primary School
- 675mBonnygate Primary School
- 1.2kmShaw Primary Academy
The nearest secondary school is Harris Academy Ockendon which is 1.0 kilometres away.
- 1.0kmHarris Academy Ockendon
- 2.9kmOrmiston Park Academy
- 3.4kmWilliam Edwards School
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Public Transport Nearbyto RM15 5NU
The closest station to RM15 5NU is Ockendon station which is 300 metres away.
- 331mOckendon
- 3.7kmChafford Hundred Lakeside
- 5.1kmUpminster
