The phase of signals backscattered by Ultra High Frequency (UHF) Radio Frequency Identification (RFID) tags is generally more insensitive to multipath propagation than Received Signal Strength Indicator (RSSI). However, signal phase measurements are inherently ambiguous and could be further affected by unknown phase offsets added by the transponders. As a result, the localisation of an agent by using only signal phase measurements looks infeasible. In this paper, it is shown instead that the design of a dynamic position estimator (e.g. a Kalman filter) based only on signal phase measurement is actually possible. To this end, the necessary conditions to ensure theoretical local nonlinear observability are firstly demonstrated. However, a sys...