RM15 6RY is a residential postcode situated on Swaley Way, South Ockendon, RM15 with 9 addresses.
It ranks as the 107th largest and 124th most expensive of the 539 postcodes in the RM15 area.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
RM15 6RY is a residential postcode situated on Swaley Way, South Ockendon, RM15 with 9 addresses.
It ranks as the 107th largest and 124th most expensive of the 539 postcodes in the RM15 area.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
Sale prices range from £224,271 for 3 bedroom leasehold flats (839 ft2) to £278,613 for 2 bedroom freehold houses with a garden (473 ft2) .
Monthly rental prices range from £1,429 pcm for 3 bed flats to £1,483 pcm for 2 bed houses.
The gross rental yield is between 6.2% and 7.9%.
The average value per square foot is £588.
The last sale in RM15 6RY sold for £4,500 on 5th March 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £266,537.
The RM15 6RY Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.5% | £266,537 |
| May 2025 | 2.3% | £265,252 |
| May 2024 | -4.3% | £259,194 |
| May 2023 | 1.5% | £270,761 |
| May 2022 | 12.4% | £266,753 |
| May 2021 | 3.6% | £237,245 |
| May 2020 | 1.5% | £229,112 |
| May 2019 | -0.5% | £225,709 |
| May 2018 | 2.9% | £226,826 |
| May 2017 | 5.4% | £220,392 |
| May 2016 | 18.2% | £209,164 |
| May 2015 | 17.5% | £176,897 |
| May 2014 | 13% | £150,578 |
| May 2013 | 2.5% | £133,292 |
| May 2012 | -0.1% | £130,058 |
| May 2011 | 0.1% | £130,197 |
| May 2010 | 6.3% | £130,013 |
| May 2009 | -16.7% | £122,355 |
| May 2008 | 3.3% | £146,909 |
| May 2007 | 0% | £142,261 |
The current average rental value in the postcode is £1,441.
The RM15 6RY Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,441pcm |
| May 2025 | 4.2% | £1,403pcm |
| May 2024 | 8.2% | £1,346pcm |
| May 2023 | 14.5% | £1,244pcm |
| May 2022 | 6.5% | £1,087pcm |
| May 2021 | 0.9% | £1,020pcm |
| May 2020 | 3.8% | £1,011pcm |
| May 2019 | 0.4% | £974pcm |
| May 2018 | 0.1% | £970pcm |
| May 2017 | -0.6% | £969pcm |
| May 2016 | 7% | £975pcm |
| May 2015 | 7.4% | £911pcm |
| May 2014 | 5.2% | £848pcm |
| May 2013 | 3.7% | £806pcm |
| May 2012 | 6.2% | £777pcm |
| May 2011 | 3.2% | £731pcm |
| May 2010 | 3.3% | £709pcm |
| May 2009 | -5.6% | £686pcm |
| May 2008 | 5.4% | £727pcm |
| May 2007 | 0% | £690pcm |
The last sale was on 5th March 2021 for £4,500 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
RM15 6RY has seen no sales in the last three years and no sales in the last twelve months.
RM15 6RY is the 107th largest and the 124th most expensive postcode out of the 539 postcodes in the RM15 area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM15 6RY, 53.4% of property is privately owned outright and 32.2% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM15 6RY, 15.0% of residents are recorded as possessing school level qualifications and 11.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM15 6RY, the average age was 36 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM15 6RY, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM15 6RY, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.