Housing Market Analysis for OCEAN DRIVE, ME7 1FT

Are you looking to understand ME7 1FT house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Medway postcode.

For the location information and nearby amenities in the ME7 1FT area, explore the ME7 1FT Area information page.
For comprehensive crime statistics in the ME7 1FT area, explore the ME7 1FT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 1FT postcode area, The average prices are as follows,

Other
- The average price is around £159,500 median price is £159,500 Standard Deviation is £500 with Total Sold: 2
- The Last 5 Year average price is £159,500 with Total Sold: 2
- The most recent sale happened at this postcode is 209, THE BOATHOUSE OCEAN DRIVE: £159,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is 307, THE BOATHOUSE OCEAN DRIVE: £160,000 (Sold on 14 Jan 2022)
Flat
- The average price is around £156,643 median price is £154,000 Standard Deviation is £35,879 with Total Sold: 55
- The Last 5 Year average price is £195,100 with Total Sold: 15
- The most recent sale happened at this postcode is 113, THE BOATHOUSE OCEAN DRIVE: £209,000 (Sold on 09 Jun 2023)
- The first recorded sale happened at this postcode is 113, THE BOATHOUSE OCEAN DRIVE: £209,000 (Sold on 09 Jun 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1FT house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£159,000	£3,975	1
2022	£160,000	£3,805	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£192,222	£3,465	9
2022	£188,500	£3,544	2
2021	£216,250	£3,518	2
2019	£192,000	£3,582	1
2018	£193,000	£3,485	2
2017	£136,667	£3,561	3
2016	£141,000	£3,694	2
2015	£175,000	£3,200	2
2014	£121,250	£3,146	2
2012	£102,000	£2,684	1
2011	£139,869	£2,870	28
2024	£195,000		1

All the Sales in the OCEAN DRIVE, ME7 1FT

See the table below for more details on the sold house prices in the ME7 1FT, Medway postcode.

Address	Sold Date	Price	% Change
209, THE BOATHOUSE OCEAN DRIVEOther, LeaseholdArea: 40 Sq.mtrAge: 2007-2011	30 Jun 2023	£159,000	First Sale
113, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 2007-2011	09 Jun 2023	£209,000	0.0
	09 Jun 2023	£209,000	First Sale
109, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	24 May 2023	£159,000	First Sale
304, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41 Sq.mtrAge: 2007-2011	04 May 2023	£153,000	First Sale
101, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 2007-2011	25 Apr 2023	£230,000	First Sale
312, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 61.34 Sq.mtr	20 Feb 2023	£205,000	First Sale
210, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	25 Aug 2022	£165,000	First Sale
120, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 67 Sq.mtr	22 Jul 2022	£212,000	-0.47%
	06 Apr 2018	£213,000	21.75%
	22 Dec 2011	£174,950	First Sale
307, THE BOATHOUSE OCEAN DRIVEOther, LeaseholdArea: 42.05 Sq.mtr	14 Jan 2022	£160,000	First Sale
201, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	22 Nov 2021	£215,000	21.50%
	31 Aug 2011	£176,950	First Sale
314, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 2007-2011	10 Sep 2021	£217,500	3.57%
	15 Sep 2015	£210,000	31.25%
	18 Oct 2011	£160,000	First Sale
215, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 53.6 Sq.mtr	04 Oct 2019	£192,000	27.15%
	09 Sep 2011	£151,000	First Sale
221, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	23 Aug 2018	£173,000	33.13%
	26 Oct 2011	£129,950	First Sale
319, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	24 Nov 2017	£155,000	19.28%
	01 Nov 2011	£129,950	First Sale
316, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 38 Sq.mtrAge: 2007-2011	24 Nov 2017	£125,000	22.55%
	14 Jun 2012	£102,000	First Sale
121, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 32.53 Sq.mtr	15 Nov 2017	£130,000	30.07%
	15 Aug 2011	£99,950	First Sale
116, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 32.53 Sq.mtr	18 Nov 2016	£137,000	29.25%
	04 Aug 2014	£106,000	6.05%
	06 Sep 2011	£99,950	First Sale
220, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	26 Oct 2016	£145,000	16.00%
	22 Sep 2011	£125,000	First Sale
119, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	26 Jan 2015	£140,000	3.74%
	09 Dec 2011	£134,950	First Sale
118, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtrAge: 2007-2011	04 Sep 2014	£136,500	11.89%
	15 Aug 2011	£122,000	First Sale
315, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 54 Sq.mtrAge: 2007-2011	04 Nov 2011	£153,552	First Sale
321, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	28 Oct 2011	£125,000	First Sale
324, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 53.6 Sq.mtr	28 Oct 2011	£160,000	First Sale
318, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-2011	27 Oct 2011	£130,950	First Sale
323, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 33 Sq.mtrAge: 2007-2011	27 Oct 2011	£108,000	First Sale
322, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 35 Sq.mtrAge: 2007-2011	26 Oct 2011	£116,640	First Sale
317, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41.4 Sq.mtr	24 Oct 2011	£116,800	First Sale
320, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtrAge: 2007-2011	19 Oct 2011	£123,500	First Sale
214, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	18 Oct 2011	£172,950	First Sale
301, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	05 Oct 2011	£169,000	First Sale
216, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 34.6 Sq.mtr	19 Sep 2011	£108,950	First Sale
224, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 53.6 Sq.mtr	15 Sep 2011	£154,000	First Sale
222, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 34 Sq.mtrAge: 2007-2011	15 Sep 2011	£122,500	First Sale
218, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 2007-2011	12 Sep 2011	£129,950	First Sale
122, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtrAge: 2012 onwards	15 Aug 2011	£174,950	First Sale
115, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 67 Sq.mtrAge: 2007-2011	15 Aug 2011	£179,950	First Sale
117, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 67 Sq.mtr	12 Aug 2011	£165,000	First Sale
306, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41 Sq.mtrAge: 2007-2011	20 Oct 2023	£155,000	First Sale
102, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 61 Sq.mtrAge: 2007-2011	15 Dec 2023	£205,000	0.0
	15 Dec 2023	£205,000	First Sale
213, THE BOATHOUSE OCEAN DRIVEFlat, Leasehold	15 Mar 2024	£195,000	First Sale

Check out the sold house prices near the ME7 1FT postcode. Properties currently for saleProperties currently for rent

OCEAN DRIVE, ME7 1FT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 1FT postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the ME7 1FT postcode.

Flat
- The average price is around £197,784 median price is £189,150 Standard Deviation is £79,823 with Total Sold: 1,226
- The Last 5 Year average price is £221,262 with Total Sold: 535
- The most recent sale happened at this postcode is 21, SOUTH SHORE OCEAN DRIVE: £76,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 10 ETHEL MAUD COURT: £32,000 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £140,930 median price is £125,000 Standard Deviation is £83,683 with Total Sold: 251
- The Last 5 Year average price is £264,996 with Total Sold: 34
- The most recent sale happened at this postcode is , 9 LESLIE ROAD: £285,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 16 CLIFTON ROAD: £56,000 (Sold on 09 Jan 1995)
Terraced
- The average price is around £114,749 median price is £111,108 Standard Deviation is £64,065 with Total Sold: 1,368
- The Last 5 Year average price is £211,778 with Total Sold: 209
- The most recent sale happened at this postcode is , 39 MEDWAY ROAD: £196,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 3 MILNER ROAD: £35,000 (Sold on 20 Jan 1995)
Other
- The average price is around £2,948,356 median price is £275,000 Standard Deviation is £9,940,503 with Total Sold: 19
- The Last 5 Year average price is £4,185,417 with Total Sold: 12
- The most recent sale happened at this postcode is , 24 PIER ROAD: £350,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 48 PIER ROAD: £275,000 (Sold on 20 Jun 2014)
Detached
- The average price is around £142,241 median price is £120,998 Standard Deviation is £87,939 with Total Sold: 28
- The Last 5 Year average price is £309,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 15 CLIFTON ROAD: £380,000 (Sold on 07 Sep 2022)
- The first recorded sale happened at this postcode is , 45 KING WILLIAM ROAD: £38,000 (Sold on 19 Jul 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,906	£3,656	16
2023	£219,556	£3,646	49
2022	£234,330	£3,742	61
2021	£257,914	£3,747	171
2020	£198,058	£3,751	36
2019	£193,401	£3,526	202
2018	£214,800	£3,380	43
2017	£212,091	£3,854	223
2016	£208,855	£3,898	67
2015	£191,787	£3,016	97
2014	£196,391	£2,754	40
2013	£171,810	£3,221	63
2012	£152,723	£2,766	21
2011	£139,566	£2,805	51
2010	£193,500	£2,536	5
2009	£89,950	£1,702	1
2008	£75,911	£1,522	3
2007	£105,736	£2,436	11
2006	£91,812	£1,788	8
2005	£84,500	£1,579	2
2004	£76,248	£1,477	8
2003	£70,415	£1,386	6
2002	£57,124	£1,034	12
2001	£46,498	£846	2
2000	£28,871	£536	11
1999	£35,200	£649	5
1998	£33,374	£581	4
1996	£21,415	£352	6
1995	£28,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		1
2023	£299,667	£3,532	3
2022	£282,060	£3,451	6
2021	£269,227	£3,131	11
2020	£211,667	£3,640	3
2019	£253,700	£2,995	10
2018	£258,333	£2,934	15
2017	£237,200	£3,129	5
2016	£215,562	£2,460	8
2015	£174,200	£2,644	5
2014	£168,150	£2,080	10
2013	£139,656	£2,136	8
2012	£138,000	£2,046	4
2011	£121,225	£1,552	6
2010	£135,000	£1,673	1
2009	£101,188	£1,477	8
2008	£128,100	£1,948	5
2007	£146,078	£1,997	15
2006	£147,263	£1,905	19
2005	£125,187	£1,896	8
2004	£133,812	£1,547	8
2003	£96,411	£1,233	8
2002	£97,966	£1,282	15
2001	£77,791	£1,347	6
2000	£60,799	£859	15
1999	£55,624	£883	4
1998	£57,428	£806	7
1997	£50,982	£592	15
1996	£41,159	£457	11
1995	£47,404	£556	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,500	£2,583	8
2023	£235,168	£3,027	34
2022	£226,701	£2,963	35
2021	£217,242	£2,806	57
2020	£187,721	£2,551	43
2019	£192,019	£2,534	32
2018	£197,312	£2,558	24
2017	£190,560	£2,433	46
2016	£181,762	£2,321	46
2015	£156,883	£1,922	50
2014	£135,727	£1,734	36
2013	£116,757	£1,531	24
2012	£117,472	£1,571	36
2011	£118,161	£1,501	23
2010	£110,964	£1,389	28
2009	£114,052	£1,491	24
2008	£126,952	£1,542	21
2007	£132,155	£1,730	59
2006	£122,623	£1,571	76
2005	£113,082	£1,497	55
2004	£111,344	£1,474	53
2003	£91,442	£1,214	59
2002	£76,053	£1,002	83
2001	£63,129	£793	70
2000	£52,650	£672	77
1999	£43,395	£556	71
1998	£42,104	£533	61
1997	£37,540	£504	54
1996	£34,394	£447	42
1995	£32,316	£454	41

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£759,250	£3,757	4
2022	£235,000	£5,507	2
2021	£419,333	£1,301	3
2020	£44,950,000		1
2019	£160,000		1
2018	£954,128	£2,636	5
2016	£748,130	£13,359	1
2014	£275,000	£2,500	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£303,500	£3,364	2
2021	£320,000	£2,955	1
2017	£275,000	£2,806	1
2015	£224,000	£1,948	1
2014	£197,500	£2,277	2
2013	£177,500	£2,459	2
2006	£186,250	£1,935	2
2004	£122,000	£1,520	1
2003	£108,833	£1,574	3
2002	£122,000	£1,907	3
2001	£69,498	£1,023	2
2000	£119,995	£1,143	1
1999	£57,665	£831	3
1998	£48,500		1
1997	£56,250	£1,096	1
1996	£45,000		1
1995	£38,000	£330	1

House Type in ME7 1FT area

The most common house types in the ME7 1FT postcode area are Total (116), Detached (0), and Semi-detached (0).

Flat	116
Total	116
Detached	0
Semi-detached	0
Terraced	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (98), and Owned: Owns with a mortgage or loan (11).

Private rented: Private landlord or letting agency	98
Owned: Owns with a mortgage or loan	11
Owned: Owns outright	3
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 1FT have 1 person in household (70), and 2 people in household (34).

1 person in household	70
2 people in household	34
3 people in household	11
4 people in household	1
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0