Faymore Gardens - RM15 5NW
Key Postcode Insights
RM15 5NW is a residential postcode situated on Faymore Gardens, South Ockendon, RM15 with 68 addresses.
It ranks as the 494th largest and 15th most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 68 properties: 48 flats and 20 other properties.
- Ave. Sale Price
- £172,922
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £1,223pcm
- 10 Year change
- up 41.1%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
RM15 5NW is a residential postcode situated on Faymore Gardens, South Ockendon, RM15 with 68 addresses.
It ranks as the 494th largest and 15th most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 68 properties: 48 flats and 20 other properties.
- Ave. Sale Price
- £172,922
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £1,223pcm
- 10 Year change
- up 41.1%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin RM15 5NW
- 1 Faymore Gardens
Building  |  2 Flats
- 3 Faymore Gardens
Building  |  2 Flats
- 5 Faymore Gardens
Building  |  2 Flats
- 7 Faymore Gardens
Building  |  2 Flats
- 9 Faymore Gardens
Building  |  2 Flats
Sales Market Trends
The last sale in RM15 5NW sold for £155,000 on 11th August 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £172,922.
The RM15 5NW Sales Market has increased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £172,922 |
| June 2025 | 1.9% | £172,738 |
| June 2024 | -3.1% | £169,470 |
| June 2023 | 0.2% | £174,826 |
| June 2022 | 10.7% | £174,430 |
| June 2021 | 3.6% | £157,591 |
| June 2020 | 0.8% | £152,142 |
| June 2019 | -1.3% | £150,947 |
| June 2018 | 1.1% | £152,961 |
| June 2017 | 3.5% | £151,248 |
| June 2016 | 20.6% | £146,116 |
| June 2015 | 16% | £121,123 |
| June 2014 | 14.2% | £104,418 |
| June 2013 | 1.9% | £91,411 |
| June 2012 | -4.2% | £89,677 |
| June 2011 | -0.7% | £93,651 |
| June 2010 | 5.4% | £94,356 |
| June 2009 | -16.5% | £89,491 |
| June 2008 | 2.2% | £107,210 |
| June 2007 | 0% | £104,884 |
Rental Market Trends
The current average rental value in the postcode is £1,223.
The RM15 5NW Rental Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,223pcm |
| June 2025 | 4.1% | £1,179pcm |
| June 2024 | 10.5% | £1,133pcm |
| June 2023 | 12.1% | £1,025pcm |
| June 2022 | 4.6% | £914pcm |
| June 2021 | 0.6% | £874pcm |
| June 2020 | 2.4% | £869pcm |
| June 2019 | -0.4% | £848pcm |
| June 2018 | -1% | £852pcm |
| June 2017 | -0.8% | £861pcm |
| June 2016 | 8% | £867pcm |
| June 2015 | 7.7% | £803pcm |
| June 2014 | 4.2% | £746pcm |
| June 2013 | 2.6% | £715pcm |
| June 2012 | 1.6% | £697pcm |
| June 2011 | 2.6% | £686pcm |
| June 2010 | 2.1% | £669pcm |
| June 2009 | -6.6% | £655pcm |
| June 2008 | 6.1% | £701pcm |
| June 2007 | 0% | £661pcm |
Sales History
The last sale was on 11th August 2025 for £155,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 42 sales since 1995.
RM15 5NW has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£155,000 | 2 Bed Flat53, Faymore Gardens, South Ockendon, RM15 5NW53, Faymore Gardens, South Ockendon, RM15 5NW
- Sold Jun 2025£192,000 | 1 Bed Flat51, Faymore Gardens, South Ockendon, RM15 5NW51, Faymore Gardens, South Ockendon, RM15 5NW
- Sold Nov 2024£190,000 | 2 Bed Flat49, Faymore Gardens, South Ockendon, RM15 5NW49, Faymore Gardens, South Ockendon, RM15 5NW
- Sold Jun 2024£165,000 | 2 Bed Flat7, Faymore Gardens, South Ockendon, RM15 5NW7, Faymore Gardens, South Ockendon, RM15 5NW
- Sold Apr 2023£170,000 | 1 Bed Flat17, Faymore Gardens, South Ockendon, RM15 5NW17, Faymore Gardens, South Ockendon, RM15 5NW
Nearby Postcodes
RM15 5NW is the 494th largest and the 15th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5NS, Faymore Gardens, South Ockendon, RM15RM15 5NS39 Addresses|28 m away
- RM15 5NN, Faymore Gardens, South Ockendon, RM15RM15 5NN48 Addresses|79 m away
- RM15 5NP, Fairham Avenue, South Ockendon, RM15RM15 5NP8 Addresses|84 m away
- RM15 5NJ, Fortin Way, South Ockendon, RM15RM15 5NJ25 Addresses|123 m away
- RM15 5DR, Dale Close, South Ockendon, RM15RM15 5DR43 Addresses|124 m away
Property Types
- 10 modern flats built after 1980
- 52 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 3 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- modern flat (10)
- mid-century flat (52)
- flat (1)
- early-century flat (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (26)
- G (0)
- D (16)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jun 2025£192,000 | 1 Bed Flat51, Faymore Gardens, South Ockendon, RM15 5NW51, Faymore Gardens, South Ockendon, RM15 5NW
- Sold Nov 2024£190,000 | 2 Bed Flat49, Faymore Gardens, South Ockendon, RM15 5NW49, Faymore Gardens, South Ockendon, RM15 5NW
- Sold Sep 2022£187,500 | 2 Bed Flat25, Faymore Gardens, South Ockendon, RM15 5NW25, Faymore Gardens, South Ockendon, RM15 5NW
Schools Nearby
- Holy Cross Catholic Primary School200 m away
- Somers Heath Primary School200 m away
- Shaw Primary Academy600 m away
- Harris Academy Ockendon900 m away
- Ormiston Park Academy1.8 km away
- Harris Academy Chafford Hundred2.8 km away
More reading links
Public Transport Nearby
The closest station to RM15 5NW is Ockendon station, which is 1.9 kilometres away.
- Ockendon|1.9 km away
- Chafford Hundred Lakeside|2.3 km away
- Purfleet|4.1 km away
- Grays|4.4 km away