Housing Market Analysis for OCEAN DRIVE, ME7 1GP

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

Overview of Sold House prices

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

Flat
- The average price is around £199,357 median price is £190,950 Standard Deviation is £36,861 with Total Sold: 55
- The Last 5 Year average price is £199,357 with Total Sold: 55
- The most recent sale happened at this postcode is 39, ADMIRALTY COURT OCEAN DRIVE: £151,860 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 6, ADMIRALTY COURT OCEAN DRIVE: £185,000 (Sold on 20 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1GP 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	£176,680	£3,926	4
2022	£213,250	£4,411	4
2020	£182,683	£4,339	3
2019	£201,671	£4,090	43
2024	£185,000		1

All the Sales in the OCEAN DRIVE, ME7 1GP

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

Address	Sold Date	Price	% Change
39, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	06 Oct 2023	£151,860	0.0
	06 Oct 2023	£151,860	-17.91%
	04 Sep 2019	£185,000	First Sale
44, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	03 Aug 2023	£198,000	-1.79%
	20 Aug 2019	£201,600	First Sale
26, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	18 Jan 2023	£205,000	12.33%
	19 Jun 2020	£182,500	First Sale
11, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 36 Sq.mtr	21 Dec 2022	£180,000	0.0
	21 Dec 2022	£180,000	13.21%
	02 Aug 2019	£159,000	First Sale
15, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr	14 Oct 2022	£248,000	4.20%
	12 Sep 2019	£238,000	First Sale
20, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	29 Jul 2022	£245,000	6.52%
	06 Aug 2019	£230,000	First Sale
17, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	09 Jan 2020	£190,950	First Sale
36, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	09 Jan 2020	£174,600	First Sale
16, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	29 Oct 2019	£190,950	First Sale
47, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	29 Oct 2019	£244,000	First Sale
12, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	17 Sep 2019	£149,380	First Sale
4, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	16 Sep 2019	£155,800	First Sale
13, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	16 Sep 2019	£149,380	First Sale
46, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	05 Sep 2019	£263,840	First Sale
45, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	20 Aug 2019	£165,000	First Sale
42, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr	19 Aug 2019	£265,000	First Sale
40, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	19 Aug 2019	£185,000	First Sale
43, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	19 Aug 2019	£210,000	First Sale
38, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	15 Aug 2019	£236,000	First Sale
33, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr	14 Aug 2019	£262,000	First Sale
35, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	14 Aug 2019	£209,500	First Sale
37, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	14 Aug 2019	£250,000	First Sale
34, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	13 Aug 2019	£205,000	First Sale
21, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	13 Aug 2019	£169,750	First Sale
3, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	12 Aug 2019	£149,000	First Sale
2, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	12 Aug 2019	£149,000	First Sale
30, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 45 Sq.mtr	12 Aug 2019	£169,000	First Sale
31, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	12 Aug 2019	£174,600	First Sale
32, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtr	12 Aug 2019	£235,000	First Sale
24, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr	09 Aug 2019	£244,150	First Sale
29, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	09 Aug 2019	£238,000	First Sale
25, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	09 Aug 2019	£190,000	First Sale
22, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	07 Aug 2019	£169,750	First Sale
27, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	05 Aug 2019	£163,050	First Sale
19, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	05 Aug 2019	£244,150	First Sale
18, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	05 Aug 2019	£158,300	First Sale
14, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtr	02 Aug 2019	£163,930	First Sale
9, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 36 Sq.mtr	01 Aug 2019	£240,000	First Sale
10, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	01 Aug 2019	£226,000	First Sale
7, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	01 Aug 2019	£196,000	First Sale
8, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	31 Jul 2019	£155,820	First Sale
41, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtr	30 Jul 2019	£245,000	First Sale
6, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 44 Sq.mtr	30 Jul 2019	£188,000	1.62%
	20 Jun 2024	£185,000	First Sale
28, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	30 Jul 2019	£248,900	First Sale
5, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 64 Sq.mtr	29 Jul 2019	£246,000	First Sale
1, ADMIRALTY COURT OCEAN DRIVEFlat, LeaseholdArea: 65 Sq.mtr	29 Jul 2019	£154,000	First Sale

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

OCEAN DRIVE, ME7 1GP Near By properties

Interactive Map

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

Flat
- The average price is around £196,812 median price is £189,000 Standard Deviation is £80,480 with Total Sold: 1,234
- The Last 5 Year average price is £221,309 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 £143,011 median price is £131,000 Standard Deviation is £78,842 with Total Sold: 242
- The Last 5 Year average price is £246,104 with Total Sold: 37
- 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 , 7 LESLIE ROAD: £42,000 (Sold on 08 Feb 1995)
Terraced
- The average price is around £115,120 median price is £111,500 Standard Deviation is £64,478 with Total Sold: 1,363
- The Last 5 Year average price is £212,619 with Total Sold: 218
- 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 £158,350 median price is £150,000 Standard Deviation is £105,952 with Total Sold: 15
- The Last 5 Year average price is £227,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 15 SIDNEY ROAD: £227,000 (Sold on 20 May 2022)
- The first recorded sale happened at this postcode is , 1 CORPORATION ROAD: £45,000 (Sold on 16 Oct 1996)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,906	£3,656	16
2023	£220,067	£3,655	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	£203,518	£3,837	70
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	£139,351	£2,811	51
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	£95,062	£1,809	8
2005	£77,667	£1,976	3
2004	£76,248	£1,477	8
2003	£67,749	£1,461	8
2002	£55,178	£1,154	14
2001	£46,498	£846	2
2000	£28,871	£536	11
1999	£33,583	£646	6
1998	£33,374	£581	4
1997	£34,000		1
1996	£21,415	£352	6
1995	£28,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£202,500		2
2023	£238,000	£3,412	3
2022	£284,894	£3,465	6
2021	£257,136	£3,100	11
2020	£202,500	£3,543	2
2019	£234,154	£2,849	13
2018	£259,786	£2,895	14
2017	£208,286	£2,824	7
2016	£212,438	£2,446	8
2015	£174,200	£2,644	5
2014	£171,888	£2,100	9
2013	£133,450	£2,213	5
2012	£122,400	£1,887	5
2011	£132,833	£1,714	6
2010	£135,000	£1,673	1
2009	£101,188	£1,477	8
2008	£132,571	£1,873	7
2007	£142,858	£1,943	16
2006	£142,556	£1,893	18
2005	£127,470	£1,676	10
2004	£138,785	£1,616	7
2003	£102,142	£1,317	7
2002	£100,538	£1,301	13
2001	£77,791	£1,347	6
2000	£62,681	£822	11
1999	£51,000	£764	3
1998	£58,416	£798	6
1997	£50,980	£588	14
1996	£42,844	£482	8
1995	£45,949	£513	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,917	£2,669	12
2023	£235,992	£3,060	37
2022	£229,555	£3,021	37
2021	£216,433	£2,826	53
2020	£183,232	£2,478	41
2019	£191,456	£2,498	38
2018	£196,062	£2,534	24
2017	£189,290	£2,407	40
2016	£181,022	£2,327	48
2015	£155,818	£1,913	46
2014	£136,231	£1,719	39
2013	£113,669	£1,503	24
2012	£116,775	£1,516	40
2011	£117,835	£1,446	23
2010	£109,769	£1,366	26
2009	£113,924	£1,472	23
2008	£122,731	£1,527	26
2007	£132,461	£1,717	58
2006	£121,026	£1,573	70
2005	£111,604	£1,456	53
2004	£112,240	£1,493	51
2003	£91,614	£1,199	58
2002	£76,370	£999	82
2001	£63,934	£814	71
2000	£52,425	£672	75
1999	£43,952	£566	66
1998	£42,612	£535	60
1997	£37,482	£499	60
1996	£34,401	£453	40
1995	£33,635	£463	42

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	£110,333		3
2018	£683,677	£2,636	7
2016	£424,065	£13,359	2
2014	£275,000	£2,500	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£227,000	£3,110	1
2017	£275,000	£2,806	1
2014	£285,000	£2,277	3
2013	£160,000	£3,118	1
2006	£150,000		1
2003	£113,750	£1,471	2
2002	£135,500	£1,907	2
1999	£60,000	£750	1
1998	£48,500		1
1997	£56,250	£1,096	1
1996	£45,000		1

House Type in ME7 1GP area

The most common house types in the ME7 1GP postcode area are Flat (125), Terraced (3), and Semi-detached (2).

Total	131
Flat	125
Terraced	3
Semi-detached	2
converted building	1
Detached	0
Shared house	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 (86), and Owned: Owns with a mortgage or loan (19).

Private rented: Private landlord or letting agency	86
Owned: Owns with a mortgage or loan	19
Owned: Owns outright	13
Social rented: Other social rented	8
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 1GP have 1 person in household (70), and 2 people in household (46).

1 person in household	70
2 people in household	46
3 people in household	12
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