Housing Market Analysis for OCEAN DRIVE, ME7 1GT

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

Overview of Sold House prices

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

Flat
- The average price is around £208,725 median price is £191,000 Standard Deviation is £58,380 with Total Sold: 51
- The Last 5 Year average price is £208,725 with Total Sold: 51
- The most recent sale happened at this postcode is 89, MARITIME HOUSE OCEAN DRIVE: £320,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is 23, ADMIRALTY DRIVE OCEAN DRIVE: £230,000 (Sold on 12 Aug 2019)
Other
- The average price is around £320,000 median price is £320,000 Standard Deviation is £0 with Total Sold: 2
- The Last 5 Year average price is £320,000 with Total Sold: 2
- The most recent sale happened at this postcode is 89, MARITIME HOUSE OCEAN DRIVE: £320,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is 89, MARITIME HOUSE OCEAN DRIVE: £320,000 (Sold on 29 Sep 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1GT 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	£226,500	£2,830	2
2022	£135,500	£2,565	2
2021	£180,000	£3,830	1
2020	£201,144	£3,946	7
2019	£213,665	£3,519	39

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£320,000	£3,441	2

All the Sales in the OCEAN DRIVE, ME7 1GT

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

Address	Sold Date	Price	% Change
89, MARITIME HOUSE OCEAN DRIVEFlat, Leasehold	29 Sep 2023	£320,000	0.0
	29 Sep 2023	£320,000	0.0
	29 Sep 2023	£320,000	5.94%
	04 Nov 2019	£302,063	First Sale
95, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 75 Sq.mtr	28 Mar 2022	£80,000	-70.20%
	11 Nov 2019	£268,500	First Sale
63, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	27 Jul 2023	£133,000	-19.74%
	28 Oct 2019	£165,717	First Sale
88, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	13 May 2022	£191,000	15.26%
	04 Nov 2019	£165,717	First Sale
69, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	29 Sep 2021	£180,000	-3.74%
	30 Mar 2020	£187,000	First Sale
92, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	21 May 2020	£181,700	First Sale
61, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	30 Apr 2020	£266,745	First Sale
57, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	12 Feb 2020	£154,375	First Sale
79, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	30 Jan 2020	£260,000	First Sale
78, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	29 Jan 2020	£182,687	First Sale
60, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	27 Jan 2020	£175,500	First Sale
97, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	16 Dec 2019	£198,995	First Sale
101, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 85 Sq.mtr	11 Nov 2019	£285,281	First Sale
100, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	11 Nov 2019	£239,132	First Sale
96, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	11 Nov 2019	£167,811	First Sale
98, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 93 Sq.mtr	11 Nov 2019	£310,453	First Sale
99, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtr	11 Nov 2019	£239,132	First Sale
94, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 123 Sq.mtr	11 Nov 2019	£377,584	First Sale
86, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 75 Sq.mtr	04 Nov 2019	£264,304	First Sale
76, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 57 Sq.mtr	04 Nov 2019	£205,531	First Sale
80, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	04 Nov 2019	£239,132	First Sale
81, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	04 Nov 2019	£167,811	First Sale
82, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	04 Nov 2019	£167,811	First Sale
83, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	04 Nov 2019	£167,811	First Sale
84, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	04 Nov 2019	£142,638	First Sale
85, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 82 Sq.mtr	04 Nov 2019	£268,500	First Sale
87, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	04 Nov 2019	£165,717	First Sale
90, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtr	04 Nov 2019	£234,937	First Sale
91, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	04 Nov 2019	£230,741	First Sale
93, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	04 Nov 2019	£140,545	First Sale
77, MARITIME HOUSE OCEAN DRIVEFlat, Leasehold	04 Nov 2019	£165,717	First Sale
64, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	28 Oct 2019	£165,717	First Sale
68, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 75 Sq.mtr	28 Oct 2019	£260,109	First Sale
73, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	28 Oct 2019	£230,741	First Sale
74, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	28 Oct 2019	£163,620	First Sale
75, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	28 Oct 2019	£138,447	First Sale
62, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 66 Sq.mtr	28 Oct 2019	£234,937	First Sale
72, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 69 Sq.mtr	28 Oct 2019	£230,746	First Sale
71, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 93 Sq.mtr	28 Oct 2019	£297,867	First Sale
67, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 82 Sq.mtr	28 Oct 2019	£264,304	First Sale
59, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	28 Oct 2019	£163,620	First Sale
58, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 57 Sq.mtr	28 Oct 2019	£201,374	First Sale
66, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 37 Sq.mtr	28 Oct 2019	£140,545	First Sale
65, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	28 Oct 2019	£165,717	First Sale
70, MARITIME HOUSE OCEAN DRIVEFlat, LeaseholdArea: 47 Sq.mtr	28 Oct 2019	£163,620	First Sale
23, ADMIRALTY DRIVE OCEAN DRIVEFlat, Leasehold	12 Aug 2019	£230,000	First Sale

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

OCEAN DRIVE, ME7 1GT Near By properties

Interactive Map

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

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