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House prices in the RM15 postcode district

Based on 316 Land Registry transactions · 12 months ending April 2026

What is the median house price in RM15?

As of April 2026, the median sold price in the RM15 postcode district is £350,000, based on 316 Land Registry transactions in the 12 months ending April 2026. The Gera District Price Index (GDPI) for RM15 is 121 — 21% above the UK outcode median of £288,675. Detached homes sold for a median of £540,000.

Source:HM Land Registry — Price Paid Data·As of April 2026 · updated monthly (last: )
121GDPI

Gera District Price Index — RM15

121 / 100 where 100 = UK outcode median (£288,675). RM15 is 21% above the national outcode median.

How is the GDPI computed?

Median sold prices in RM15

Overall median
£350,000
vs UK outcode median
+21%
Transactions (12m)
316

By property type

Median sold price by property type in RM15 (HM Land Registry PPD, April 2026)
Property typeMedian pricevs overall
Detached£540,000+54%
Semi-detached£400,000+14%
Terraced£345,000-1%
Flat / maisonette£200,000-43%

Property type medians are shown only where ≥3 transactions were recorded. All figures: HM Land Registry Price Paid Data, 12 months ending April 2026.

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Top 12 postcode districts with median ≤ £350,000, ordered by Gera District Price Index (highest = best value relative to national median):

OutcodeMedian priceGDPITransactions
BH10£350,000121226
BN15£350,000121360
BN24£349,000121166
CH48£350,000121232
CV32£350,000121463
DA1£350,000121703
GU35£350,000121332
LU7£350,000121985
M20£350,000121670
MK8£350,000121188
NE26£348,300121235
NG23£350,000121211

Medians are from HM Land Registry Price Paid Data — rolling 12 months to June 2026. GDPI = Gera District Price Index (UK outcode median = 100). Your inputs are used only in your browser.

RM15 house prices — questions and answers

What is the average house price in the RM15 postcode district?
The median sold price in RM15 is £350,000, based on 316 transactions recorded by HM Land Registry in the 12 months ending April 2026.
Is RM15 cheap or expensive compared with the UK average?
The Gera District Price Index (GDPI) for RM15 is 121 (UK outcode median = 100). RM15 is around the national median: its median of £350,000 is 21% above the UK outcode median of £288,675 (HM Land Registry PPD, April 2026).
How much does a detached house cost in RM15?
The median price for a detached house in RM15 is £540,000, according to HM Land Registry Price Paid Data for the 12 months ending April 2026.
How much does a flat cost in RM15?
The median price for a flat or maisonette in RM15 is £200,000, based on HM Land Registry transaction data for the 12 months ending April 2026.
What is the typical price for a terraced house in RM15?
The median price for a terraced house in RM15 is £345,000 (HM Land Registry PPD, 12 months to April 2026).
How much does a semi-detached house cost in RM15?
The median price for a semi-detached house in RM15 is £400,000 (HM Land Registry PPD, 12 months to April 2026).
What is the Gera District Price Index for RM15?
The Gera District Price Index (GDPI) for RM15 is 121, where 100 equals the UK outcode median (£288,675). The GDPI allows direct comparison between postcode districts regardless of geography. Methodology: https://gerarent.com/methodology/gera-district-price-index.

Other postcodes in the same area

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All median prices are computed by GeraRent from the HM Land Registry — Price Paid Data — rolling 12 months ending April 2026. Minimum 5 transactions per outcode; type medians require ≥3. The Gera District Price Index (GDPI) is a Gera proprietary computation — methodology at https://gerarent.com/methodology/gera-district-price-index. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.