Housing Market Analysis for OCEAN DRIVE, ME7 1FY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £109,896 median price is £98,750 Standard Deviation is £44,634 with Total Sold: 20
    • The Last 5 Year average price is £124,042 with Total Sold: 12
    • 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 3, SOUTH SHORE OCEAN DRIVE: £160,000 (Sold on 05 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1FY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,0002
2023£125,375 £2,657 2
2022£190,000 £2,969 1
2021£121,292 £2,090 6
2019£62,000 £1,345 1
2018£74,850 £1,292 3
2017£155,000 £3,362 1
2014£109,000 £2,326 2
2012£55,938 £1,192 2

All the Sales in the OCEAN DRIVE, ME7 1FY

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

AddressSold DatePrice% Change
21, SOUTH SHORE OCEAN DRIVEFlat, Leasehold29 Aug 2024£76,000First Sale
43, SOUTH SHORE OCEAN DRIVEFlat, Leasehold22 Aug 2024£182,00013.04%
15 Jan 2021£161,000First Sale
12, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: INVALID!16 Mar 2023£90,75051.25%
29 Mar 2018£60,000First Sale
41, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr22 Jul 2022£190,000First Sale
40, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 48 Sq.mtr10 Dec 2021£64,00028.00%
31 Jul 2012£50,000First Sale
24, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr03 Dec 2021£176,000First Sale
13, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr19 Nov 2021£126,750First Sale
19, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr16 Jul 2021£97,500First Sale
4, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr18 Jan 2021£102,500First Sale
32, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 46.1 Sq.mtr27 Sep 2019£62,000First Sale
9, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: INVALID!30 Oct 2018£71,750First Sale
36, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr20 Sep 2018£92,800First Sale
34, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 46.1 Sq.mtr08 Jun 2017£155,000First Sale
33, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 2007 onwards01 Aug 2014£118,000First Sale
3, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 47.9 Sq.mtr17 Apr 2014£100,000-37.50%
05 Dec 2023£160,000First Sale
22, SOUTH SHORE OCEAN DRIVEFlat, LeaseholdArea: 46.1 Sq.mtr31 Jul 2012£61,875First Sale

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

OCEAN DRIVE, ME7 1FY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 1FY 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 1FY postcode.

  • Flat
    • The average price is around £197,332 median price is £189,150 Standard Deviation is £80,283 with Total Sold: 1,228
    • The Last 5 Year average price is £221,452 with Total Sold: 534
    • 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 £143,225 median price is £132,750 Standard Deviation is £82,414 with Total Sold: 246
    • The Last 5 Year average price is £259,110 with Total Sold: 35
    • 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 £115,042 median price is £111,000 Standard Deviation is £64,537 with Total Sold: 1,512
    • The Last 5 Year average price is £213,930 with Total Sold: 229
    • The most recent sale happened at this postcode is , 35 GARFIELD ROAD: £250,000 (Sold on 29 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 £2,346,036 median price is £184,250 Standard Deviation is £8,922,242 with Total Sold: 24
    • The Last 5 Year average price is £3,599,714 with Total Sold: 14
    • 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 £162,336 median price is £138,750 Standard Deviation is £105,966 with Total Sold: 26
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£188,906 £3,656 16
2023£221,630 £3,646 48
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£204,729 £3,850 69
2015£191,787 £3,016 97
2014£197,709 £2,771 39
2013£171,810 £3,221 63
2012£152,723 £2,766 21
2011£140,758 £2,829 50
2010£193,500 £2,536 5
2009£89,950 £1,702 1
2008£75,911 £1,522 3
2007£106,710 £2,500 10
2006£92,928 £1,809 7
2005£77,667 £1,976 3
2004£76,248 £1,477 8
2003£67,141 £1,461 7
2002£55,178 £1,154 14
2001£46,498 £846 2
2000£28,871 £536 11
1999£35,200 £649 5
1998£33,374 £581 4
1997£34,0001
1996£21,415 £352 6
1995£28,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,5002
2023£286,000 £3,361 4
2022£282,060 £3,451 6
2021£273,550 £3,067 10
2020£202,500 £3,543 2
2019£244,273 £2,926 11
2018£264,385 £2,892 13
2017£223,500 £2,832 6
2016£215,562 £2,460 8
2015£174,200 £2,644 5
2014£168,150 £2,080 10
2013£141,893 £2,148 7
2012£130,333 £1,870 6
2011£134,400 £1,682 5
2010£135,000 £1,673 1
2009£101,188 £1,477 8
2008£132,571 £1,873 7
2007£146,078 £1,997 15
2006£146,850 £1,905 20
2005£125,966 £1,697 9
2004£140,062 £1,616 8
2003£94,541 £1,114 7
2002£101,538 £1,325 13
2001£77,791 £1,347 6
2000£62,681 £822 11
1999£55,998 £883 3
1998£58,416 £798 6
1997£50,982 £592 15
1996£43,528 £482 9
1995£45,726 £530 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,286 £2,583 14
2023£236,044 £3,003 39
2022£229,463 £2,893 40
2021£216,944 £2,817 57
2020£184,955 £2,473 44
2019£194,110 £2,534 35
2018£197,420 £2,534 25
2017£192,407 £2,392 51
2016£182,491 £2,331 51
2015£156,870 £1,917 53
2014£136,794 £1,692 43
2013£114,733 £1,506 26
2012£117,718 £1,519 39
2011£118,119 £1,467 27
2010£109,903 £1,359 31
2009£114,890 £1,488 25
2008£126,680 £1,542 25
2007£133,252 £1,706 70
2006£123,267 £1,568 78
2005£113,381 £1,462 59
2004£111,468 £1,467 56
2003£92,340 £1,219 65
2002£77,127 £1,006 93
2001£63,080 £786 82
2000£53,486 £679 83
1999£44,004 £552 76
1998£43,318 £541 69
1997£37,486 £492 61
1996£34,059 £436 48
1995£33,547 £455 47
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£759,250 £3,757 4
2022£235,000 £5,507 2
2021£419,333 £1,301 3
2020£44,950,0001
2019£110,3333
2018£683,677 £2,636 7
2016£424,065 £13,359 2
2014£275,000 £2,500 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£285,000 £2,277 3
2013£177,500 £2,459 2
2006£186,250 £1,935 2
2004£122,000 £1,520 1
2003£113,750 £1,471 2
2002£122,000 £1,907 3
2001£69,000 £860 1
2000£119,995 £1,143 1
1999£59,998 £798 2
1998£48,5001
1997£56,250 £1,096 1
1996£45,0001
1995£38,000 £330 1

House Type in ME7 1FY area

The most common house types in the ME7 1FY postcode area are Flat (139), Semi-detached (1), and Terraced (1).

Total141
Flat139
Semi-detached1
Terraced1
Detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Shared ownership: Shared ownership (107), and Private rented: Private landlord or letting agency (16).

Shared ownership: Shared ownership107
Private rented: Private landlord or letting agency16
Private rented: Other private rented6
Owned: Owns outright5
Owned: Owns with a mortgage or loan5
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME7 1FY have 1 person in household (99), and 2 people in household (36).

1 person in household99
2 people in household36
3 people in household5
5 people in household1
0 people in household0
4 people in household0
6 people in household0
7 people in household0
8 or more people in household0