The Old Engineering Works, Underdown Road - CT6 5BP
Key Building Insights
The Old Engineering Works, Underdown Road is a residential building situated on Underdown Road, Herne Bay, CT6 with 7 addresses.
It ranks as the 709th largest and 295th most expensive of the 774 buildings in the CT6 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 7 flats.
- Ave. Sale Price
- £158,681
- 10 Year change
- up 11.1%
- Ave. Rental Price
- £818pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Building Insights
The Old Engineering Works, Underdown Road is a residential building situated on Underdown Road, Herne Bay, CT6 with 7 addresses.
It ranks as the 709th largest and 295th most expensive of the 774 buildings in the CT6 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 7 flats.
- Ave. Sale Price
- £158,681
- 10 Year change
- up 11.1%
- Ave. Rental Price
- £818pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties on Underdown Road, Herne Bay, CT6
- 1 The Old Engineering Works Underdown Road
2 Bed Modern Flat
- 2 The Old Engineering Works Underdown Road
2 Bed Modern Flat
- 3 The Old Engineering Works Underdown Road
2 Bed Modern Flat
- 4 The Old Engineering Works Underdown Road
1 Bed Modern Flat
- 5 The Old Engineering Works Underdown Road
2 Bed Modern Flat
Sales Market Trends
The last sale in The Old Engineering Works, Underdown Road sold for £170,000 on 24th June 2022. Since then prices are down an average of 13.4%.
The current average value in the building is £158,681.
The The Old Engineering Works, Underdown Road Sales Market has increased by 11.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £158,681 |
| June 2025 | -0.8% | £165,217 |
| June 2024 | -5.5% | £166,504 |
| June 2023 | -3.5% | £176,193 |
| June 2022 | 9.3% | £182,671 |
| June 2021 | 5.6% | £167,141 |
| June 2020 | 2.9% | £158,332 |
| June 2019 | -0.5% | £153,916 |
| June 2018 | 3% | £154,639 |
| June 2017 | 5.2% | £150,177 |
| June 2016 | 9.8% | £142,775 |
| June 2015 | 8.8% | £130,090 |
| June 2014 | 9.4% | £119,610 |
| June 2013 | 1.4% | £109,335 |
| June 2012 | -1% | £107,796 |
| June 2011 | -4.1% | £108,847 |
| June 2010 | 7.7% | £113,545 |
| June 2009 | -14.3% | £105,390 |
| June 2008 | -1.7% | £122,997 |
| June 2007 | 0% | £125,158 |
Rental Market Trends
The current average rental value in the building is £818.
The The Old Engineering Works, Underdown Road Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £818pcm |
| June 2025 | 1.8% | £797pcm |
| June 2024 | 4.5% | £784pcm |
| June 2023 | 5.7% | £750pcm |
| June 2022 | 7.6% | £709pcm |
| June 2021 | 8% | £660pcm |
| June 2020 | -0.6% | £611pcm |
| June 2019 | -0.4% | £615pcm |
| June 2018 | 1% | £617pcm |
| June 2017 | 0.9% | £611pcm |
| June 2016 | 5% | £605pcm |
| June 2015 | 4.4% | £576pcm |
| June 2014 | 2.7% | £552pcm |
| June 2013 | -0.1% | £537pcm |
| June 2012 | -0.9% | £538pcm |
| June 2011 | 0.5% | £543pcm |
| June 2010 | 4.1% | £540pcm |
| June 2009 | -5.7% | £519pcm |
| June 2008 | 7.1% | £550pcm |
| June 2007 | 0% | £513pcm |
Sales History
The last recorded sale was on 24th June 2022 for £170,000 and since then the market in the area has decreased by 13.4%.
The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP has had 3 sales since 1995, none of them in the last three years.
- Sold Jun 2022£170,000 | 2 Bed Flat3 The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP3 The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP
- Sold Mar 2022£180,000 | 2 Bed Flat1 The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP1 The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP
- Sold Feb 2022£220,000 | 2 Bed Flat2 The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP2 The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP
Property Types
- 7 modern flats built after 1980
- modern flat (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (6)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Aug 2015£290,000 | 5 Bed House17, Underdown Road, Herne Bay, CT6 5BP17, Underdown Road, Herne Bay, CT6 5BP
- Sold Jun 2023£285,000 | 3 Bed House2, Underdown Road, Herne Bay, CT6 5BP2, Underdown Road, Herne Bay, CT6 5BP
- Sold Mar 2015£280,000 | 4 Bed HouseFairlight Glen, Underdown Road, Herne Bay, CT6 5BPFairlight Glen, Underdown Road, Herne Bay, CT6 5BP
Schools Nearby
- Herne Bay Junior School200 m away
- Herne Bay Infant School200 m away
- Hampton Primary School1.8 km away
- Herne Bay High School1.5 km away
- Orion Spires6.5 km away
- The Whitstable School6.6 km away
More reading links
Public Transport Nearby
The closest station to The Old Engineering Works, Underdown Road, Herne Bay, CT6 5BP is Herne Bay station, which is 1.0 kilometres away.
- Herne Bay|1.0 km away
- Chestfield & Swalecliffe|4.4 km away
- Whitstable|6.8 km away
- Sturry|7.7 km away
