Housing Market Analysis for OCEAN DRIVE, ME7 1GS

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

Overview of Sold House prices

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

Flat
- The average price is around £184,139 median price is £163,615 Standard Deviation is £49,738 with Total Sold: 65
- The Last 5 Year average price is £184,139 with Total Sold: 65
- The most recent sale happened at this postcode is 33, MARITIME HOUSE OCEAN DRIVE: £70,000 (Sold on 27 May 2022)
- The first recorded sale happened at this postcode is 33, MARITIME HOUSE OCEAN DRIVE: £74,000 (Sold on 02 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1GS 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
2022	£108,833	£2,807	3
2023	£129,125	£2,652	4
2020	£188,366	£3,831	11
2019	£195,218	£3,384	46
2024	£74,000		1

All the Sales in the OCEAN DRIVE, ME7 1GS

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

Address	Sold Date	Price	% Change
33, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	27 May 2022	£70,000	-56.09%
	14 Oct 2019	£159,420	115.43%
	02 Jul 2024	£74,000	First Sale
45, MARITIME HOUSE OCEAN DRIVEFlat, Leasehold	23 Jun 2023	£142,500	0.0
	23 Jun 2023	£142,500	0.0
	23 Jun 2023	£142,500	-12.91%
	21 Oct 2019	£163,615	First Sale
52, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	30 May 2023	£89,000	-44.90%
	21 Oct 2019	£161,522	First Sale
39, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	31 Oct 2022	£163,000	6.12%
	04 Mar 2020	£153,595	First Sale
30, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	01 Mar 2022	£93,500	-31.43%
	14 Oct 2019	£136,350	First Sale
11, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	21 Jul 2020	£142,500	-10.61%
	07 Oct 2019	£159,420	First Sale
24, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	13 Jul 2020	£184,251	First Sale
12, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	04 Mar 2020	£153,595	First Sale
5, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	19 Feb 2020	£168,000	First Sale
7, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	19 Feb 2020	£238,000	First Sale
43, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	12 Feb 2020	£259,000	First Sale
42, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	12 Feb 2020	£185,000	First Sale
25, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	31 Jan 2020	£249,095	First Sale
6, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	20 Jan 2020	£189,995	First Sale
21, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	20 Jan 2020	£148,999	First Sale
20, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	27 Nov 2019	£180,000	First Sale
1, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 46 Sq.mtr	13 Nov 2019	£159,420	First Sale
3, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 50 Sq.mtr	13 Nov 2019	£159,420	First Sale
2, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 53 Sq.mtr	13 Nov 2019	£163,615	First Sale
35, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 93 Sq.mtr	28 Oct 2019	£289,477	First Sale
51, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	23 Oct 2019	£182,875	First Sale
55, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	21 Oct 2019	£226,546	First Sale
40, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 57 Sq.mtr	21 Oct 2019	£197,178	First Sale
41, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	21 Oct 2019	£161,522	First Sale
44, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	21 Oct 2019	£230,741	First Sale
46, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	21 Oct 2019	£163,615	First Sale
47, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	21 Oct 2019	£163,615	First Sale
48, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	21 Oct 2019	£138,443	First Sale
49, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 82 Sq.mtr	21 Oct 2019	£260,109	First Sale
50, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 75 Sq.mtr	21 Oct 2019	£255,914	First Sale
53, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 93 Sq.mtr	21 Oct 2019	£293,672	First Sale
54, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtr	21 Oct 2019	£228,648	First Sale
56, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	21 Oct 2019	£161,522	First Sale
29, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	14 Oct 2019	£161,522	First Sale
31, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 82 Sq.mtr	14 Oct 2019	£255,914	First Sale
32, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 75 Sq.mtr	14 Oct 2019	£251,718	First Sale
34, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	14 Oct 2019	£159,420	First Sale
28, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	14 Oct 2019	£161,522	First Sale
36, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtr	14 Oct 2019	£224,452	First Sale
37, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	14 Oct 2019	£222,351	First Sale
38, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	14 Oct 2019	£159,420	First Sale
27, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	14 Oct 2019	£161,522	First Sale
26, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	14 Oct 2019	£226,546	First Sale
23, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	14 Oct 2019	£159,420	First Sale
22, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 57 Sq.mtr	14 Oct 2019	£192,983	First Sale
17, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 93 Sq.mtr	07 Oct 2019	£285,281	First Sale
16, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	07 Oct 2019	£157,326	First Sale
19, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	07 Oct 2019	£222,351	First Sale
9, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	07 Oct 2019	£159,420	First Sale
10, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	07 Oct 2019	£159,420	First Sale
18, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtr	07 Oct 2019	£224,452	First Sale
15, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	07 Oct 2019	£157,326	First Sale
14, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 75 Sq.mtr	07 Oct 2019	£247,523	First Sale
13, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 82 Sq.mtr	07 Oct 2019	£251,718	First Sale
4, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	07 Oct 2019	£159,420	First Sale
8, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	07 Oct 2019	£222,351	First Sale

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

OCEAN DRIVE, ME7 1GS Near By properties

Interactive Map

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

Flat
- The average price is around £198,030 median price is £189,325 Standard Deviation is £79,855 with Total Sold: 1,222
- 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 £143,968 median price is £134,000 Standard Deviation is £82,690 with Total Sold: 237
- The Last 5 Year average price is £260,329 with Total Sold: 33
- 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 £115,659 median price is £111,500 Standard Deviation is £64,717 with Total Sold: 1,335
- The Last 5 Year average price is £212,881 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 £2,346,036 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 £141,772 median price is £127,500 Standard Deviation is £79,249 with Total Sold: 23
- The Last 5 Year average price is £273,500 with Total Sold: 2
- 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 , 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	£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	£208,855	£3,898	67
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	£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
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	£299,667	£3,532	3
2022	£291,872	£3,377	5
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	£132,400	£1,965	5
2011	£134,400	£1,682	5
2010	£135,000	£1,673	1
2009	£101,188	£1,477	8
2008	£131,333	£1,948	6
2007	£146,078	£1,997	15
2006	£146,850	£1,905	20
2005	£125,962	£1,744	8
2004	£142,928	£1,660	7
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	£46,544	£520	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,200	£2,583	10
2023	£237,020	£3,035	35
2022	£225,722	£2,968	34
2021	£217,924	£2,805	55
2020	£185,537	£2,522	41
2019	£194,915	£2,528	34
2018	£197,420	£2,534	25
2017	£190,462	£2,425	45
2016	£181,762	£2,321	46
2015	£156,357	£1,916	48
2014	£136,532	£1,698	36
2013	£114,916	£1,503	23
2012	£117,056	£1,535	36
2011	£117,896	£1,510	22
2010	£109,500	£1,345	26
2009	£114,890	£1,488	25
2008	£126,952	£1,542	21
2007	£132,976	£1,735	57
2006	£123,442	£1,581	72
2005	£113,250	£1,465	52
2004	£111,344	£1,474	53
2003	£90,447	£1,194	55
2002	£75,893	£1,000	81
2001	£63,444	£801	70
2000	£52,704	£674	73
1999	£43,773	£556	68
1998	£42,548	£537	57
1997	£37,392	£500	54
1996	£34,342	£447	41
1995	£32,286	£453	40

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
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	£113,750	£1,471	2
2002	£122,000	£1,907	3
2001	£69,000	£860	1
1999	£59,998	£798	2
1998	£48,500		1
1997	£56,250	£1,096	1
1996	£45,000		1
1995	£38,000	£330	1

House Type in ME7 1GS area

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

Total	141
Flat	139
Semi-detached	1
Terraced	1
Detached	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 Shared ownership: Shared ownership (107), and Private rented: Private landlord or letting agency (16).

Shared ownership: Shared ownership	107
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	6
Owned: Owns outright	5
Owned: Owns with a mortgage or loan	5
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

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

1 person in household	99
2 people in household	36
3 people in household	5
5 people in household	1
0 people in household	0
4 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0