South Shore, Ocean Drive - ME7 1FY
Key Building Insights
South Shore, Ocean Drive is a residential building situated on Ocean Drive, Gillingham, ME7 with 43 addresses.
It ranks as the 762nd largest and 400th most expensive of the 776 buildings in the ME7 area. The most common property type is a modern flat built after 1980.
The building contains a total of 43 properties: 43 flats.
- Ave. Sale Price
- £165,211
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,004pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
South Shore, Ocean Drive is a residential building situated on Ocean Drive, Gillingham, ME7 with 43 addresses.
It ranks as the 762nd largest and 400th most expensive of the 776 buildings in the ME7 area. The most common property type is a modern flat built after 1980.
The building contains a total of 43 properties: 43 flats.
- Ave. Sale Price
- £165,211
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £1,004pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties on Ocean Drive, Gillingham, ME7
- 1 South Shore Ocean Drive
2 Bed Modern Flat
- 2 South Shore Ocean Drive
2 Bed Modern Flat
- 3 South Shore Ocean Drive
2 Bed Modern Flat
- 4 South Shore Ocean Drive
2 Bed Modern Flat
- 5 South Shore Ocean Drive
2 Bed Modern Flat
Sales Market Trends
The last sale in South Shore, Ocean Drive sold for £161,000 on 28th November 2024. Since then prices are down an average of 3.2%.
The current average value in the building is £165,211.
The South Shore, Ocean Drive Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £165,211 |
| June 2025 | -0.2% | £168,387 |
| June 2024 | -4.1% | £168,764 |
| June 2023 | 2% | £176,060 |
| June 2022 | 8.3% | £172,605 |
| June 2021 | 2.5% | £159,372 |
| June 2020 | 2.8% | £155,447 |
| June 2019 | -1.5% | £151,217 |
| June 2018 | 2.7% | £153,496 |
| June 2017 | 7.6% | £149,441 |
| June 2016 | 15.4% | £138,900 |
| June 2015 | 6.7% | £120,359 |
| June 2014 | 9.1% | £112,828 |
| June 2013 | -0.9% | £103,437 |
| June 2012 | -0.3% | £104,365 |
| June 2011 | -0.9% | £104,690 |
| June 2010 | 6.4% | £105,673 |
| June 2009 | -17.7% | £99,272 |
| June 2008 | 0.3% | £120,687 |
| June 2007 | 0% | £120,319 |
Rental Market Trends
The current average rental value in the building is £1,004.
The South Shore, Ocean Drive Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £1,004pcm |
| June 2025 | 0.3% | £996pcm |
| June 2024 | 6.3% | £993pcm |
| June 2023 | 12.8% | £934pcm |
| June 2022 | 6.7% | £828pcm |
| June 2021 | 4% | £776pcm |
| June 2020 | 0.8% | £746pcm |
| June 2019 | 2.2% | £741pcm |
| June 2018 | -0.4% | £725pcm |
| June 2017 | 0.5% | £727pcm |
| June 2016 | 5.9% | £724pcm |
| June 2015 | 5.1% | £683pcm |
| June 2014 | 2.4% | £650pcm |
| June 2013 | 1.2% | £635pcm |
| June 2012 | 2.5% | £627pcm |
| June 2011 | 3.5% | £612pcm |
| June 2010 | 0.1% | £591pcm |
| June 2009 | -4.4% | £590pcm |
| June 2008 | 4.9% | £617pcm |
| June 2007 | 0% | £588pcm |
Sales History
The last recorded sale was on 28th November 2024 for £161,000 and since then the market in the area has decreased by 3.2%.
South Shore, Ocean Drive, Gillingham, ME7 1FY has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Nov 2024£161,000 | 2 Bed Flat32 South Shore, Ocean Drive, Gillingham, ME7 1FY32 South Shore, Ocean Drive, Gillingham, ME7 1FY
- Sold Aug 2024£76,000 | 2 Bed Flat21 South Shore, Ocean Drive, Gillingham, ME7 1FY21 South Shore, Ocean Drive, Gillingham, ME7 1FY
- Sold Aug 2024£182,000 | 2 Bed Flat43 South Shore, Ocean Drive, Gillingham, ME7 1FY43 South Shore, Ocean Drive, Gillingham, ME7 1FY
Property Types
- 43 modern flats built after 1980
- modern flat (43)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 43 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (21)
- F (0)
- C (21)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2019£377,584 | 3 Bed Flat94 Maritime House, Ocean Drive, Gillingham, ME7 1GT94 Maritime House, Ocean Drive, Gillingham, ME7 1GT
- Sold Jun 2019£340,000 | 3 Bed Flat701 The Boathouse, Ocean Drive, Gillingham, ME7 1FW701 The Boathouse, Ocean Drive, Gillingham, ME7 1FW
- Sold Sep 2023£320,000 | 3 Bed Flat89 Maritime House, Ocean Drive, Gillingham, ME7 1GT89 Maritime House, Ocean Drive, Gillingham, ME7 1GT
Schools Nearby
- Burnt Oak Primary School500 m away
- Saxon Way Primary School700 m away
- St Mary's Catholic Primary School900 m away
- Waterfront UTC500 m away
- Brompton Academy1.9 km away
- The Robert Napier School2.1 km away
More reading links
Public Transport Nearby
The closest station to South Shore, Ocean Drive, Gillingham, ME7 1FY is Gillingham (Kent) station, which is 1.1 kilometres away.
- Gillingham (Kent)|1.1 km away
- Chatham|2.9 km away
- Rochester|3.3 km away
- Strood (Kent)|3.8 km away