House Prices in RM15 House Prices in RM15 (South Ockendon)

The average house price in RM15 (South Ockendon) is £374,821 using HM Land Registry data.

The average property price increased by £84,365 (13.67%) over the last 5 years and increased by £16,900 (2.25%) over the last 12 months.

Over the last year, there were 264 residential property sales – a decrease of 12 transactions (-4.55%) relative to the previous year. The majority of house sales (64) were in the £294,000 - £346,000 range. Then came properties in the £346,000 - £398,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 165 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,144 (-2%).

In January 2025, there were 65 new estate agency instructions, 50 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in RM15 (South Ockendon)

13.67%

Property prices in RM15 (South Ockendon) increased by 13.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RM15 (South Ockendon) Over the Last Year

2.25%

Property prices in RM15 (South Ockendon) increased by 2.25% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for RM15 (South Ockendon) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RM15 (South Ockendon)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RM15 (South Ockendon)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RM15 (South Ockendon)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RM15 (South Ockendon) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM15 postcode area since 1995.

Recent Sales in RM15 (South Ockendon)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Danbury Crescent, South Ockendon, Thurrock, RM15 5XF£150,000£142,000-£8,00003 May 202413 Dec 2024224 Days
85 Danbury Crescent, South Ockendon, Thurrock, RM15 5BX£182,000£180,000-£2,00014 Aug 202411 Dec 2024119 Days
66 Hall Road, Aveley, South Ockendon, Thurrock, RM15 4HL£450,000£445,000-£5,00002 Jul 202406 Dec 2024157 Days
14 Bovey Way, South Ockendon, Thurrock, RM15 5BS£300,000£300,000£027 Sep 202329 Nov 2024429 Days
39 Cherwell Grove, South Ockendon, Thurrock, RM15 6AX£315,000£315,000£004 Sep 202429 Nov 202486 Days
30 Fullarton Crescent, South Ockendon, Thurrock, RM15 5HW£310,000£310,000£005 Aug 202422 Nov 2024109 Days
11 Gatehope Drive, South Ockendon, Thurrock, RM15 5HX£385,000£385,000£005 Jul 202422 Nov 2024140 Days
49 Faymore Gardens, South Ockendon, Thurrock, RM15 5NW£200,000£190,000-£10,00004 Jun 202422 Nov 2024171 Days
20 Stifford Road, Aveley, South Ockendon, Thurrock, RM15 4AA£385,000£380,000-£5,00013 Sep 202415 Nov 202463 Days
11 Tyne Gardens, Aveley, South Ockendon, Thurrock, RM15 4RL£275,000£265,000-£10,00022 Apr 202411 Nov 2024203 Days
86 Nethan Drive, Aveley, South Ockendon, Thurrock, RM15 4RT£375,000£370,000-£5,00004 Jun 202408 Nov 2024157 Days
56 Elan Road, South Ockendon, Thurrock, RM15 5EQ£200,000£200,000£015 Jul 202430 Oct 2024107 Days
22 Ravel Road, Aveley, South Ockendon, Thurrock, RM15 4NP£300,000£260,000-£40,00014 Feb 202021 Oct 20241711 Days
15 Dacre Crescent, Aveley, South Ockendon, Thurrock, RM15 4TP£360,000£358,000-£2,00008 Mar 202418 Oct 2024224 Days
31 Cruick Avenue, South Ockendon, Thurrock, RM15 6EL£375,000£355,000-£20,00025 Jul 202417 Oct 202484 Days
18 Erriff Drive, South Ockendon, Thurrock, RM15 5AW£350,000£340,000-£10,00010 May 202409 Oct 2024152 Days
8 Hornbeam Chase, South Ockendon, Thurrock, RM15 6TT£475,000£467,500-£7,50015 May 202404 Oct 2024142 Days
20 Nelson Road, South Ockendon, Thurrock, RM15 6PX£475,000£475,000£009 Mar 202427 Sep 2024202 Days
28 Fullarton Crescent, South Ockendon, Thurrock, RM15 5HW£325,000£320,000-£5,00009 Feb 202409 Aug 2024182 Days
39 North Road, South Ockendon, Thurrock, RM15 6PT£350,000£335,000-£15,00015 Mar 202405 Aug 2024143 Days

Most Expensive Streets in RM15 (South Ockendon)

PostcodeStreetAreaAverageNo. of Sales
RM15 4EAPurfleet Road, AveleySouth Ockendon£566,5004
RM15 6QUGarth RoadSouth Ockendon£541,6663
RM15 6TWJuniper DriveSouth Ockendon£537,6005
RM15 4DSPurfleet Road, AveleySouth Ockendon£536,0005
RM15 5JWHumber AvenueSouth Ockendon£535,8333
RM15 6TTHornbeam ChaseSouth Ockendon£531,1666
RM15 6TDBrandon Groves AvenueSouth Ockendon£518,7504
RM15 5JNHumber AvenueSouth Ockendon£509,0005
RM15 4SWRowan Grove, AveleySouth Ockendon£495,3758
RM15 4SRMill Road, AveleySouth Ockendon£486,92814

Least Expensive Streets in RM15 (South Ockendon)

PostcodeStreetAreaAverageNo. of Sales
RM15 5FDAvontar Court, Avontar RoadSouth Ockendon£96,7916
RM15 5BWEden GreenSouth Ockendon£151,3333
RM15 4QAPinfolds, Teviot AvenueSouth Ockendon£162,2005
RM15 4QSFranklyns, Teviot AvenueSouth Ockendon£162,5006
RM15 6AFThe Oaks, Garth RoadSouth Ockendon£163,3333
RM15 4DQRegent Court, AveleySouth Ockendon£166,7504
RM15 5BPGaley GreenSouth Ockendon£167,1427
RM15 5NWFaymore GardensSouth Ockendon£167,4287
RM15 5JHHumber AvenueSouth Ockendon£168,3333
RM15 4AFLyn House, High Street, AveleySouth Ockendon£169,2504

Explore RM15 (South Ockendon) using map