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23 Ranelagh Road is a residential building situated on Ranelagh Road, Sheerness, ME12 with 2 addresses.
It ranks as the 81st largest and 52nd most expensive of the 451 buildings in the ME12 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
23 Ranelagh Road is a residential building situated on Ranelagh Road, Sheerness, ME12 with 2 addresses.
It ranks as the 81st largest and 52nd most expensive of the 451 buildings in the ME12 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £90,421 for 2 bedroom leasehold flats (505 ft2) to £94,531 for 2 bedroom leasehold flats with a garden (559 ft2) .
Monthly rental prices range from £638 pcm for 2 bed flats to £663 pcm for 2 bed flats.
The gross rental yield is between 8.4% and 8.5%.
The average value per square foot is £174.
The last sale in 23 Ranelagh Road sold for £55,000 on 8th January 2024. Since then prices are up an average of 66.4%.
The current average value in the building is £92,476.
The 23 Ranelagh Road Sales Market has increased by 28.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.9% | £92,476 |
| May 2025 | 0.2% | £94,283 |
| May 2024 | -3.2% | £94,124 |
| May 2023 | -0.5% | £97,278 |
| May 2022 | 11.1% | £97,801 |
| May 2021 | 6.3% | £88,056 |
| May 2020 | 2.6% | £82,832 |
| May 2019 | 2.1% | £80,749 |
| May 2018 | 3.8% | £79,125 |
| May 2017 | 5.8% | £76,228 |
| May 2016 | 13.9% | £72,026 |
| May 2015 | 2.1% | £63,235 |
| May 2014 | 10.1% | £61,936 |
| May 2013 | 1.6% | £56,277 |
| May 2012 | -3% | £55,410 |
| May 2011 | -4.3% | £57,126 |
| May 2010 | 4.1% | £59,678 |
| May 2009 | -14.9% | £57,313 |
| May 2008 | -3.3% | £67,317 |
| May 2007 | 0% | £69,620 |
The current average rental value in the building is £650.
The 23 Ranelagh Road Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.7% | £650pcm |
| May 2025 | 4.1% | £640pcm |
| May 2024 | 9.6% | £614pcm |
| May 2023 | 4.6% | £561pcm |
| May 2022 | 8.1% | £536pcm |
| May 2021 | 4% | £496pcm |
| May 2020 | 3.5% | £477pcm |
| May 2019 | -0.4% | £461pcm |
| May 2018 | 2.1% | £463pcm |
| May 2017 | -0.2% | £453pcm |
| May 2016 | 6.6% | £454pcm |
| May 2015 | 3.8% | £426pcm |
| May 2014 | 4.2% | £410pcm |
| May 2013 | 1.1% | £394pcm |
| May 2012 | -2.1% | £390pcm |
| May 2011 | 0.1% | £398pcm |
| May 2010 | -0.1% | £397pcm |
| May 2009 | -4.8% | £398pcm |
| May 2008 | 2.8% | £418pcm |
| May 2007 | 0% | £407pcm |
The last sale was on 8th January 2024 for £55,000 and since then the market in the area has increased by 66.4%. The building has had a total of 5 sales since 1995.
23, Ranelagh Road, Sheerness, ME12 2NS has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 23, Ranelagh Road, Sheerness, ME12 2NS is Sheerness-on-Sea station which is 600 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Ranelagh Road, Sheerness, ME12 2NS, 61.6% of property is privately rented and 21.0% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, Ranelagh Road, Sheerness, ME12 2NS, 26.4% of residents are recorded as possessing school level qualifications and 17.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Ranelagh Road, Sheerness, ME12 2NS, the average age was 34.1 and the most common age was 2.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, Ranelagh Road, Sheerness, ME12 2NS, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, Ranelagh Road, Sheerness, ME12 2NS, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.