Broxburn Drive - RM15 5PL
Key Postcode Insights
RM15 5PL is a residential postcode situated on Broxburn Drive, South Ockendon, RM15 with 22 addresses.
It ranks as the 273rd largest and 85th 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 22 properties: 10 houses and 12 flats.
- Ave. Sale Price
- £277,131
- 10 Year change
- up 22.9%
- Ave. Rental Price
- £1,620pcm
- 10 Year change
- up 46.5%
- Ave. £ per ft²
- £335/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
RM15 5PL is a residential postcode situated on Broxburn Drive, South Ockendon, RM15 with 22 addresses.
It ranks as the 273rd largest and 85th 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 22 properties: 10 houses and 12 flats.
- Ave. Sale Price
- £277,131
- 10 Year change
- up 22.9%
- Ave. Rental Price
- £1,620pcm
- 10 Year change
- up 46.5%
- Ave. £ per ft²
- £335/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin RM15 5PL
- 409 Broxburn Drive
2 Bed Mid-century Flat
- 411 Broxburn Drive
1 Bed Early-century Flat
- 413 Broxburn Drive
3 Bed Mid-century Flat
- 415 Broxburn Drive
2 Bed Early-century Flat
- 417 Broxburn Drive
2 Bed Mid-century Flat
Sales Market Trends
The last sale in RM15 5PL sold for £400,000 on 27th June 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £277,131.
The RM15 5PL Sales Market has increased by 22.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £277,131 |
| June 2025 | 2.5% | £277,924 |
| June 2024 | -3.6% | £271,158 |
| June 2023 | 0.5% | £281,202 |
| June 2022 | 12% | £279,713 |
| June 2021 | 4.2% | £249,807 |
| June 2020 | 0.8% | £239,625 |
| June 2019 | -0.6% | £237,673 |
| June 2018 | 1.9% | £239,026 |
| June 2017 | 4% | £234,637 |
| June 2016 | 19.7% | £225,562 |
| June 2015 | 16.1% | £188,414 |
| June 2014 | 14.2% | £162,289 |
| June 2013 | 2.2% | £142,155 |
| June 2012 | -2.5% | £139,065 |
| June 2011 | -0.5% | £142,574 |
| June 2010 | 7.4% | £143,317 |
| June 2009 | -16.1% | £133,415 |
| June 2008 | 1.8% | £158,994 |
| June 2007 | 0% | £156,154 |
Rental Market Trends
The current average rental value in the postcode is £1,620.
The RM15 5PL Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,620pcm |
| June 2025 | 4.7% | £1,567pcm |
| June 2024 | 9.9% | £1,497pcm |
| June 2023 | 12.5% | £1,362pcm |
| June 2022 | 5.9% | £1,211pcm |
| June 2021 | 1.2% | £1,144pcm |
| June 2020 | 2.4% | £1,130pcm |
| June 2019 | 0.3% | £1,103pcm |
| June 2018 | -0.3% | £1,100pcm |
| June 2017 | -0.3% | £1,103pcm |
| June 2016 | 7.2% | £1,106pcm |
| June 2015 | 7.8% | £1,031pcm |
| June 2014 | 4.2% | £957pcm |
| June 2013 | 2.9% | £918pcm |
| June 2012 | 3.5% | £892pcm |
| June 2011 | 2.8% | £862pcm |
| June 2010 | 4% | £839pcm |
| June 2009 | -6.1% | £807pcm |
| June 2008 | 5.7% | £859pcm |
| June 2007 | 0% | £813pcm |
Sales History
The last sale was on 27th June 2025 for £400,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 21 sales since 1995.
RM15 5PL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£400,000 | 4 Bed House443, Broxburn Drive, South Ockendon, RM15 5PL443, Broxburn Drive, South Ockendon, RM15 5PL
- Sold Jun 2025£202,000 | 2 Bed Flat415, Broxburn Drive, South Ockendon, RM15 5PL415, Broxburn Drive, South Ockendon, RM15 5PL
- Sold Aug 2021£345,000 | 4 Bed House443, Broxburn Drive, South Ockendon, RM15 5PL443, Broxburn Drive, South Ockendon, RM15 5PL
- Sold Jun 2020£270,000 | 3 Bed House445, Broxburn Drive, South Ockendon, RM15 5PL445, Broxburn Drive, South Ockendon, RM15 5PL
- Sold Jul 2016£295,000 | 3 Bed House447, Broxburn Drive, South Ockendon, RM15 5PL447, Broxburn Drive, South Ockendon, RM15 5PL
Nearby Postcodes
RM15 5PL is the 273rd largest and the 85th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5PJ, Broxburn Drive, South Ockendon, RM15RM15 5PJ36 Addresses|47 m away
- RM15 6EJ, Cruick Avenue, South Ockendon, RM15RM15 6EJ45 Addresses|100 m away
- RM15 5QU, Broxburn Drive, South Ockendon, RM15RM15 5QU24 Addresses|100 m away
- RM15 5QX, Broxburn Drive, South Ockendon, RM15RM15 5QX11 Addresses|122 m away
- RM15 5QT, Bann Close, South Ockendon, RM15RM15 5QT26 Addresses|122 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 2 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (6)
- mid-century flat (10)
- early-century flat (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (10)
- G (0)
- D (8)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2022£425,000 | 3 Bed House116, Broxburn Drive, South Ockendon, RM15 5QS116, Broxburn Drive, South Ockendon, RM15 5QS
- Sold Feb 2024£415,000 | 4 Bed House226, Broxburn Drive, South Ockendon, RM15 5QY226, Broxburn Drive, South Ockendon, RM15 5QY
- Sold Jun 2025£400,000 | 4 Bed House443, Broxburn Drive, South Ockendon, RM15 5PL443, Broxburn Drive, South Ockendon, RM15 5PL
Schools Nearby
- Shaw Primary Academy500 m away
- Holy Cross Catholic Primary School500 m away
- Somers Heath Primary School800 m away
- Harris Academy Ockendon1.3 km away
- Ormiston Park Academy2.4 km away
- Harris Academy Chafford Hundred2.5 km away
More reading links
Public Transport Nearby
The closest station to RM15 5PL is Ockendon station, which is 1.9 kilometres away.
- Ockendon|1.9 km away
- Chafford Hundred Lakeside|2.1 km away
- Grays|3.8 km away
- Purfleet|4.5 km away