ME7 1GS

ME7 1GSHouse Prices / South East, Medway, Ocean Drive

Name: ME7 1GS
Address: ME7 1GS, Medway, South East, ME7 1GS, United Kingdom

Last updated May 2026

Key Postcode Insights

ME7 1GS is a residential postcode situated on Ocean Drive, Gillingham, ME7 with 102 addresses.

It ranks as the 914th largest and 102nd most expensive of the 960 postcodes in the ME7 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 102 properties: 57 flats and 45 other properties.

102

Properties

Flats
Other (unknown)

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Key Postcode Insights

ME7 1GS is a residential postcode situated on Ocean Drive, Gillingham, ME7 with 102 addresses.

It ranks as the 914th largest and 102nd most expensive of the 960 postcodes in the ME7 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 102 properties: 57 flats and 45 other properties.

102

Properties

Flats
Other (unknown)

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Can I improve my house price estimate?

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House Pricesin ME7 1GS

Sale prices range from £148,797 for 1 bedroom leasehold flats with a balcony (398 ft²) to £233,283 for 3 bedroom leasehold flats with a balcony (1,001 ft²) .

Monthly rental prices range from £876 pcm for 1 bed flats to £1,233 pcm for 3 bed flats.

The gross rental yield is between 6.1% and 7.1%.

The average value per square foot is £333.

Average Sale Value

£182,362

Average Rental Value

£1,015 pcm

Average Rental Yield

6.7% /year

Average Value Per Sqft

£333 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin ME7 1GS

The last sale in ME7 1GS sold for £90,000 on 31st October 2025. Since then prices are down an average of 1.4%.

The current average value in the postcode is £182,362.
The ME7 1GS Sales Market has increased by 22.8% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-2.3%	£182,362
April 2025	1.3%	£186,643
April 2024	-4.9%	£184,315
April 2023	3.8%	£193,808
April 2022	7%	£186,786
April 2021	3.1%	£174,525
April 2020	2.3%	£169,331
April 2019	-1.7%	£165,489
April 2018	3.9%	£168,358
April 2017	9.1%	£162,077
April 2016	14.4%	£148,529
April 2015	6.8%	£129,810
April 2014	8.2%	£121,567
April 2013	-0.9%	£112,376
April 2012	-0.5%	£113,447
April 2011	-0.8%	£113,977
April 2010	4.9%	£114,880
April 2009	-18.7%	£109,533
April 2008	4.7%	£134,737
April 2007	0%	£128,660

Rental Market Trendsin ME7 1GS

The current average rental value in the postcode is £1,015.
The ME7 1GS Rental Market has increased by 40.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	0.2%	£1,015pcm
April 2025	0.8%	£1,012pcm
April 2024	8.6%	£1,004pcm
April 2023	11.8%	£924pcm
April 2022	6.2%	£827pcm
April 2021	3.6%	£779pcm
April 2020	0.6%	£752pcm
April 2019	1.9%	£748pcm
April 2018	-1.3%	£733pcm
April 2017	2.6%	£743pcm
April 2016	5.6%	£724pcm
April 2015	6.7%	£686pcm
April 2014	0.8%	£643pcm
April 2013	1.8%	£638pcm
April 2012	2.1%	£626pcm
April 2011	3%	£614pcm
April 2010	-1%	£596pcm
April 2009	-3.2%	£602pcm
April 2008	6.2%	£622pcm
April 2007	0%	£586pcm

Explore Buildingsin ME7 1GS, Ocean Drive, Gillingham, ME7

Maritime House, Ocean Drive, Gillingham, ME7 Modern building102 units

Sales History
in ME7 1GS

The last sale was on 31st October 2025 for £90,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 69 sales since 1995.