Broxburn Drive - RM15 5QL
Key Postcode Insights
RM15 5QL is a residential postcode situated on Broxburn Drive, South Ockendon, RM15 with 29 addresses.
It ranks as the 365th largest and 76th 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 29 properties: 5 houses and 24 flats.
- Ave. Sale Price
- £230,193
- 10 Year change
- up 23.7%
- Ave. Rental Price
- £1,463pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £354/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
RM15 5QL is a residential postcode situated on Broxburn Drive, South Ockendon, RM15 with 29 addresses.
It ranks as the 365th largest and 76th 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 29 properties: 5 houses and 24 flats.
- Ave. Sale Price
- £230,193
- 10 Year change
- up 23.7%
- Ave. Rental Price
- £1,463pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £354/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin RM15 5QL
- 2 Broxburn Drive
Unknown
- 4 Broxburn Drive
4 Bed Mid-century House
- 6 Broxburn Drive
4 Bed Mid-century House
- 8 Broxburn Drive
2 Bed Mid-century Flat
- 10 Broxburn Drive
Unknown
Sales Market Trends
The last sale in RM15 5QL sold for £205,000 on 21st March 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £230,193.
The RM15 5QL Sales Market has increased by 23.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £230,193 |
| June 2025 | 2.3% | £231,652 |
| June 2024 | -3.7% | £226,480 |
| June 2023 | 0.5% | £235,260 |
| June 2022 | 12.2% | £234,107 |
| June 2021 | 4.4% | £208,648 |
| June 2020 | 0.9% | £199,883 |
| June 2019 | 0.2% | £198,144 |
| June 2018 | 2.1% | £197,764 |
| June 2017 | 4.1% | £193,712 |
| June 2016 | 18.6% | £186,031 |
| June 2015 | 15.9% | £156,805 |
| June 2014 | 13.7% | £135,311 |
| June 2013 | 2.3% | £118,965 |
| June 2012 | -1.7% | £116,315 |
| June 2011 | 0% | £118,331 |
| June 2010 | 8.7% | £118,339 |
| June 2009 | -15.4% | £108,860 |
| June 2008 | 1.3% | £128,629 |
| June 2007 | 0% | £126,933 |
Rental Market Trends
The current average rental value in the postcode is £1,463.
The RM15 5QL Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,463pcm |
| June 2025 | 4.5% | £1,421pcm |
| June 2024 | 9.8% | £1,360pcm |
| June 2023 | 12.4% | £1,239pcm |
| June 2022 | 6% | £1,102pcm |
| June 2021 | 1.3% | £1,039pcm |
| June 2020 | 2.5% | £1,026pcm |
| June 2019 | 1.1% | £1,001pcm |
| June 2018 | -0.1% | £990pcm |
| June 2017 | -0.2% | £990pcm |
| June 2016 | 6.3% | £992pcm |
| June 2015 | 7.6% | £934pcm |
| June 2014 | 3.8% | £868pcm |
| June 2013 | 3% | £836pcm |
| June 2012 | 4.3% | £812pcm |
| June 2011 | 3.3% | £779pcm |
| June 2010 | 5.2% | £754pcm |
| June 2009 | -5.3% | £716pcm |
| June 2008 | 5.2% | £756pcm |
| June 2007 | 0% | £719pcm |
Sales History
The last sale was on 21st March 2025 for £205,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 17 sales since 1995.
RM15 5QL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£205,000 | 2 Bed Flat14, Broxburn Drive, South Ockendon, RM15 5QL14, Broxburn Drive, South Ockendon, RM15 5QL
- Sold Dec 2023£210,000 | 2 Bed Flat24, Broxburn Drive, South Ockendon, RM15 5QL24, Broxburn Drive, South Ockendon, RM15 5QL
- Sold Feb 2022£195,000 | 2 Bed Flat24, Broxburn Drive, South Ockendon, RM15 5QL24, Broxburn Drive, South Ockendon, RM15 5QL
- Sold Jun 2021£175,000 | 2 Bed Flat16, Broxburn Drive, South Ockendon, RM15 5QL16, Broxburn Drive, South Ockendon, RM15 5QL
- Sold Dec 2019£297,500 | 3 Bed House58, Broxburn Drive, South Ockendon, RM15 5QL58, Broxburn Drive, South Ockendon, RM15 5QL
Nearby Postcodes
RM15 5QL is the 365th largest and the 76th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5PE, Broxburn Drive, South Ockendon, RM15RM15 5PE34 Addresses|53 m away
- RM15 5PF, Broxburn Drive, South Ockendon, RM15RM15 5PF24 Addresses|59 m away
- RM15 5QP, Barle Gardens, South Ockendon, RM15RM15 5QP34 Addresses|83 m away
- RM15 5PA, Afton Drive, South Ockendon, RM15RM15 5PA34 Addresses|115 m away
- RM15 5PG, Broxburn Drive, South Ockendon, RM15RM15 5PG30 Addresses|118 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 22 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (4)
- mid-century flat (22)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (8)
- G (0)
- D (16)
- No EPC (3)
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 Academy100 m away
- Bonnygate Primary School500 m away
- Holy Cross Catholic Primary School500 m away
- Harris Academy Ockendon1.0 km away
- Ormiston Park Academy2.4 km away
- Harris Academy Chafford Hundred3.0 km away
More reading links
Public Transport Nearby
The closest station to RM15 5QL is Ockendon station, which is 1.5 kilometres away.
- Ockendon|1.5 km away
- Chafford Hundred Lakeside|2.6 km away
- Grays|4.3 km away
- Purfleet|4.7 km away