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Falcon Way is a residential street with 86 addresses.
It ranks as the 229th largest and 50th most expensive of the 268 streets in the RM15 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 86 properties: 19 houses and 67 flats.
Falcon Way is a residential street with 86 addresses.
It ranks as the 229th largest and 50th most expensive of the 268 streets in the RM15 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 86 properties: 19 houses and 67 flats.
Sale prices range from £192,800 for 2 bedroom Leasehold flats (688 ft2) to £507,602 for 4 bedroom freehold houses with a garden (1,162 ft2) .
Monthly rental prices range from £1,322 pcm for 2 bed flats to £2,359 pcm for 4 bed houses.
The gross rental yield is between 5.6% and 8.2%.
The average value per square foot is £389.
The last sale on Falcon Way sold for £285,000 on 17th October 2025. Since then prices are up an average of 0.2%.
The current average value in the street is £290,084.
The Falcon Way Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £290,084 |
| May 2025 | 1.5% | £291,203 |
| May 2024 | -4.2% | £286,989 |
| May 2023 | 1.2% | £299,604 |
| May 2022 | 11.2% | £296,070 |
| May 2021 | 2.9% | £266,341 |
| May 2020 | 1.7% | £258,908 |
| May 2019 | -0.5% | £254,544 |
| May 2018 | 2.6% | £255,747 |
| May 2017 | 5.5% | £249,267 |
| May 2016 | 16.7% | £236,211 |
| May 2015 | 16% | £202,387 |
| May 2014 | 11.6% | £174,527 |
| May 2013 | 2% | £156,361 |
| May 2012 | -0.4% | £153,286 |
| May 2011 | 0.7% | £153,830 |
| May 2010 | 6.7% | £152,725 |
| May 2009 | -16% | £143,140 |
| May 2008 | 3.1% | £170,449 |
| May 2007 | 0% | £165,297 |
The current average rental value in the street is £1,613.
The Falcon Way Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,613pcm |
| May 2025 | 3.4% | £1,584pcm |
| May 2024 | 8.3% | £1,533pcm |
| May 2023 | 14.1% | £1,416pcm |
| May 2022 | 5.5% | £1,241pcm |
| May 2021 | 0.2% | £1,177pcm |
| May 2020 | 4% | £1,174pcm |
| May 2019 | 0.5% | £1,129pcm |
| May 2018 | -0.2% | £1,124pcm |
| May 2017 | -0.4% | £1,126pcm |
| May 2016 | 5.7% | £1,131pcm |
| May 2015 | 6.2% | £1,069pcm |
| May 2014 | 4% | £1,007pcm |
| May 2013 | 3.2% | £968pcm |
| May 2012 | 5.9% | £938pcm |
| May 2011 | 3.8% | £886pcm |
| May 2010 | 3.7% | £853pcm |
| May 2009 | -4.8% | £823pcm |
| May 2008 | 5.3% | £865pcm |
| May 2007 | 0% | £821pcm |
The last sale was on 17th October 2025 for £285,000 and since then the market in the area has increased by 0.2%. The street has had a total of 98 sales since 1995.
Falcon Way, South Ockendon, RM15 has seen 27 sales in the last three years and 4 sales in the last twelve months.
Falcon Way, South Ockendon, RM15 is the 229th largest and the 50th most expensive street in the RM15 area.
There are 3 postcodes on Falcon Way, South Ockendon, RM15.
The closest station to Falcon Way, South Ockendon, RM15 is Ockendon station which is 400 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Falcon Way, South Ockendon, RM15, % of property is and % is .
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 Falcon Way, South Ockendon, RM15, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Falcon Way, South Ockendon, RM15, 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 Falcon Way, South Ockendon, RM15, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
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.