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Ocean Drive is a residential street with 319 addresses.
It ranks as the 416th largest and 31st most expensive of the 419 streets in the ME7 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 319 properties: 319 flats.
Ocean Drive is a residential street with 319 addresses.
It ranks as the 416th largest and 31st most expensive of the 419 streets in the ME7 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 319 properties: 319 flats.
Sale prices range from £138,805 for 1 bedroom leasehold flats with a balcony (373 ft2) to £269,393 for 3 bedroom leasehold flats with a balcony (1,323 ft2) .
Monthly rental prices range from £838 pcm for 1 bed flats to £1,424 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 7.4%.
The average value per square foot is £333.
The last sale on Ocean Drive sold for £134,000 on 27th March 2026. Since then prices are down an average of 0.3%.
The current average value in the street is £181,128.
The Ocean Drive Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £181,128 |
| April 2025 | 1.3% | £185,380 |
| April 2024 | -4.9% | £183,068 |
| April 2023 | 3.8% | £192,497 |
| April 2022 | 7% | £185,522 |
| April 2021 | 3.1% | £173,343 |
| April 2020 | 2.3% | £168,184 |
| April 2019 | -1.7% | £164,369 |
| April 2018 | 3.9% | £167,219 |
| April 2017 | 9.1% | £160,980 |
| April 2016 | 14.4% | £147,523 |
| April 2015 | 6.8% | £128,931 |
| April 2014 | 8.2% | £120,744 |
| April 2013 | -0.9% | £111,616 |
| April 2012 | -0.5% | £112,679 |
| April 2011 | -0.8% | £113,205 |
| April 2010 | 4.9% | £114,102 |
| April 2009 | -18.7% | £108,792 |
| April 2008 | 4.7% | £133,825 |
| April 2007 | 0% | £127,789 |
The current average rental value in the street is £997.
The Ocean Drive Rental Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £997pcm |
| April 2025 | 0.8% | £994pcm |
| April 2024 | 8.6% | £987pcm |
| April 2023 | 11.8% | £908pcm |
| April 2022 | 6.2% | £813pcm |
| April 2021 | 3.6% | £765pcm |
| April 2020 | 0.6% | £739pcm |
| April 2019 | 1.9% | £735pcm |
| April 2018 | -1.3% | £721pcm |
| April 2017 | 2.6% | £730pcm |
| April 2016 | 5.6% | £711pcm |
| April 2015 | 6.7% | £674pcm |
| April 2014 | 0.8% | £631pcm |
| April 2013 | 1.8% | £627pcm |
| April 2012 | 2.1% | £615pcm |
| April 2011 | 3% | £603pcm |
| April 2010 | -1% | £586pcm |
| April 2009 | -3.2% | £592pcm |
| April 2008 | 6.2% | £611pcm |
| April 2007 | 0% | £575pcm |
The last sale was on 27th March 2026 for £134,000 and since then the market in the area has decreased by 0.3%. The street has had a total of 356 sales since 1995.
Ocean Drive, Gillingham, ME7 has seen 64 sales in the last three years and 8 sales in the last twelve months.
Ocean Drive, Gillingham, ME7 is the 416th largest and the 31st most expensive street in the ME7 area.
There are 6 postcodes on Ocean Drive, Gillingham, ME7.
The closest station to Ocean Drive, Gillingham, ME7 is Gillingham (Kent) station which is 1.2 kilometres away.
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