Housing Market Analysis for OCEAN DRIVE, ME7 1FW

Are you looking to understand ME7 1FW 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 1FW area, explore the ME7 1FW Area information page.
For comprehensive crime statistics in the ME7 1FW area, explore the ME7 1FW Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £163,359 median price is £153,350 Standard Deviation is £46,156 with Total Sold: 72
- The Last 5 Year average price is £184,917 with Total Sold: 12
- The most recent sale happened at this postcode is 512, THE BOATHOUSE OCEAN DRIVE: £214,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 404, THE BOATHOUSE OCEAN DRIVE: £155,000 (Sold on 08 Mar 2024)
Other
- The average price is around £158,000 median price is £158,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £158,000 with Total Sold: 1
- The most recent sale happened at this postcode is 410, THE BOATHOUSE OCEAN DRIVE: £158,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is 410, THE BOATHOUSE OCEAN DRIVE: £158,000 (Sold on 30 Jun 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1FW 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£207,000	£3,309	2
2022	£171,500	£3,803	5
2021	£130,000	£3,714	1
2019	£220,833	£3,552	3
2018	£223,333	£3,694	3
2017	£161,000	£3,725	5
2016	£178,667	£3,869	3
2015	£161,833	£3,369	6
2014	£158,199	£2,826	5
2012	£159,312	£2,944	17
2011	£145,788	£2,857	21
2024	£155,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£158,000	£3,854	1

All the Sales in the OCEAN DRIVE, ME7 1FW

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

Address	Sold Date	Price	% Change
512, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 61.34 Sq.mtr	28 Jul 2023	£214,000	22.29%
	18 Mar 2015	£175,000	0.03%
	08 Mar 2012	£174,950	First Sale
410, THE BOATHOUSE OCEAN DRIVEOther, LeaseholdArea: 41 Sq.mtrAge: 2007-2011	30 Jun 2023	£158,000	First Sale
402, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 63.9 Sq.mtr	31 May 2023	£200,000	First Sale
504, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	26 Aug 2022	£162,500	30.00%
	12 Dec 2011	£124,999	First Sale
411, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41 Sq.mtrAge: 2007-2011	20 Jul 2022	£170,000	First Sale
414, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	01 Jun 2022	£190,000	-24.00%
	21 Jul 2016	£250,000	51.52%
	09 Dec 2011	£165,000	First Sale
409, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	08 Apr 2022	£165,000	First Sale
407, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	25 Mar 2022	£170,000	First Sale
423, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 35 Sq.mtrAge: 2007-2011	29 Jun 2021	£130,000	23.81%
	24 Feb 2012	£105,000	First Sale
701, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 103 Sq.mtrAge: 2007 onwards	19 Jun 2019	£340,000	36.00%
	12 Nov 2014	£250,000	0.0
	20 Dec 2011	£250,000	First Sale
420, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	31 May 2019	£167,500	25.94%
	12 Sep 2014	£132,995	2.30%
	21 Nov 2011	£130,000	First Sale
507, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	18 Mar 2019	£155,000	24.00%
	21 Dec 2011	£125,000	First Sale
523, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 34.6 Sq.mtr	14 Dec 2018	£150,000	1.35%
	12 Apr 2016	£148,000	37.04%
	22 Dec 2011	£108,000	First Sale
603, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 2012 onwards	24 Sep 2018	£235,000	6.82%
	31 Mar 2017	£220,000	15.82%
	17 Feb 2012	£189,950	First Sale
601, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 94.46 Sq.mtr	04 May 2018	£285,000	7.55%
	20 Apr 2012	£265,000	First Sale
421, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 2007-2011	15 Aug 2017	£160,000	28.00%
	21 Nov 2011	£125,000	First Sale
516, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 34 Sq.mtrAge: 2012 onwards	31 May 2017	£135,000	22.73%
	01 Aug 2014	£110,000	2.80%
	14 Mar 2012	£107,000	First Sale
522, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41.4 Sq.mtr	13 Mar 2017	£147,000	13.08%
	22 May 2015	£130,000	8.33%
	19 Dec 2011	£120,000	First Sale
416, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 34.6 Sq.mtr	10 Mar 2017	£143,000	32.41%
	06 Mar 2012	£108,000	First Sale
417, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41.4 Sq.mtr	08 Aug 2016	£138,000	17.95%
	21 Nov 2011	£117,000	First Sale
424, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 53.6 Sq.mtr	18 Dec 2015	£236,000	43.03%
	25 Oct 2011	£165,000	First Sale
505, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 2003-2006	10 Sep 2015	£145,000	14.17%
	23 Feb 2012	£127,000	First Sale
520, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtrAge: 2007-2011	24 Jul 2015	£145,000	First Sale
418, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	24 Jul 2015	£140,000	First Sale
518, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	21 Aug 2014	£133,000	2.66%
	18 Jan 2012	£129,552	First Sale
514, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	20 Jun 2014	£165,000	-5.71%
	16 Dec 2011	£175,000	First Sale
513, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 63.9 Sq.mtr	19 Oct 2012	£160,000	First Sale
502, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 63.9 Sq.mtr	05 Apr 2012	£175,000	First Sale
602, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 81 Sq.mtrAge: 2012 onwards	29 Feb 2012	£235,000	First Sale
509, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	21 Feb 2012	£127,500	First Sale
521, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	16 Feb 2012	£129,500	First Sale
524, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 53.6 Sq.mtr	03 Feb 2012	£165,000	First Sale
510, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	02 Feb 2012	£129,950	First Sale
503, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 61.34 Sq.mtr	24 Jan 2012	£184,950	First Sale
703, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	04 Jan 2012	£194,950	First Sale
508, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	23 Dec 2011	£125,000	First Sale
517, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtrAge: 2007-2011	19 Dec 2011	£129,950	First Sale
702, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 63.9 Sq.mtr	19 Dec 2011	£194,950	First Sale
519, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	12 Dec 2011	£134,950	First Sale
506, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 42.05 Sq.mtr	12 Dec 2011	£125,000	First Sale
501, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	12 Dec 2011	£175,000	First Sale
401, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 62.55 Sq.mtr	02 Dec 2011	£171,000	First Sale
422, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 41.4 Sq.mtr	01 Dec 2011	£125,000	First Sale
419, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 45.64 Sq.mtr	29 Nov 2011	£124,000	First Sale
415, THE BOATHOUSE OCEAN DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	29 Nov 2011	£151,700	First Sale
404, THE BOATHOUSE OCEAN DRIVEFlat, Leasehold	08 Mar 2024	£155,000	First Sale

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

OCEAN DRIVE, ME7 1FW Near By properties

Interactive Map

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

The most common house types in the ME7 1FW 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 1FW 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