Property comment: East Kent
PUBLISHED: 10:40 02 November 2014 | UPDATED: 10:40 02 November 2014
East Kent has become a property hotspot in recent years and there is no sign of a let up as the market continues to surge ahead
East Kent consists of four main areas, namely Canterbury, home to three universities and a selection of grammar, state and independent schools, as well as a wealth of cultural and historical facilities including Canterbury Cathedral.
Then there’s Dover, with its famous White Cliffs, which is also one of the busiest ferry ports in the world, providing easy access to continental Europe and incorporating the three main towns of Dover, Deal and Sandwich.
Shepway is next up, covering the Cinque Port towns of Hythe, New Romney and Lydd and the busy town of Folkestone, where you will find the Channel Tunnel, providing quick and easy access to mainland Europe.
Finally there is Thanet, consisting of the coastal towns of Margate, Broadstairs and Ramsgate, which now has the high-speed rail link to London St Pancras and more than 900 listed properties.
We have seen a dramatic increase in demand for properties in the area, not only from local buyers and sellers but more and more from out-of-area home movers, particularly from London and Surrey –buyers wanting to relocate to the area or just looking for a holiday/weekend retreat.
East Kent is very well connected with major roads the A2, M2 and M20 linking East Kent to the M25, London and Europe.
There is also an impressive rail network including the high-speed rail link providing access from Canterbury to St Pancras in just under an hour and from Ramsgate in just over 70 minutes, and of course there is the Eurostar and Euro Tunnel.
East Kent has previously been regarded as the poor relation compared to other parts of the county, but it offers so much, particularly with its eclectic mix of towns and villages as well as its wide variety of properties and architecture, from oasts and weather-boarded cottages to the wealth of period homes spanning the centuries.
Certain towns have risen in popularity while others continue to go from strength to strength. Whitstable and Canterbury, for example, have been popular for a number of years, continue to see increased growth in both prices and enquiries.
Ramsgate has seen a dramatic increase in out-of-town buyers with its Royal Harbour and fast link train service particularly popular with the London market. There has also been the emergence of quality bars, restaurants and the introduction of the café culture.
Margate and particularly its Old Town is almost unrecognisable today thanks to the cultural vibrant change since the introduction of the Turner Contemporary and is beginning to attract the London market more and more.
Deal has become a firm favourite with its unspoilt town and seafront and its plethora of period homes and again with good road and rail links back to London and Europe, Deal is evolving the way Whitstable did.
So what does all this mean for East Kent? It still represents good value for money with prices at a fraction of what they would be for similar properties in London, interest is growing, the lifestyle, schools and transport links are proving a massive draw and prices are rising, already we have seen prices rise in excess of 10 per cent on our completed sales this year and all the signs are that this will continue. n