2D, PIER ROAD, NORTHFLEET, GRAVESEND, DA11 9NB - £78,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2D PIER ROAD is a very small flat of 40m², built sometime before 1900, which could now be worth an estimated £125,600. It was last sold for £78,000 in December 2003, which was around 27% below the average December 2003 flat price in the Gravesham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was D.

2D PIER ROAD Sold Prices

Land registry data shows four sales for 2D PIER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Gravesham local authority area for the corresponding sale date. All of the four 2D PIER ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 5 DEC	£78,000	£106,960	27% below HPI
2002 29 JUL	£59,995	£78,988	24% below HPI
2000 14 DEC	£48,000	£58,929	19% below HPI
1996 31 JUL	£31,000	£36,996	16% below HPI

What might 2D PIER ROAD be worth now?

2D PIER ROAD might now be worth an estimated £125,600.

This is based on house price inflation of 61%, between December 2003 and May 2026, for flats, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for 2D PIER ROAD of £78,000 on 5th December 2003. For the value to have increased from £78,000 to £125,600 over the 23 years and seven months to May 2026, the following assumptions must hold true:

• The value of 2D PIER ROAD has moved in line with the HPI for flats in the Gravesham local authority area.
• The December 2003 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 2D PIER ROAD has not materially changed since December 2003.

How Large is 2D PIER ROAD?

2D PIER ROAD is 40m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of flats in Northfleet, based on EPC data. 6% of flats are smaller than 2D PIER ROAD, and 93% of flats are larger. Note that EPC data is not available for all properties in Northfleet.

2D PIER ROAD: Plot

2D PIER ROAD sits on a plot of roughly 0.051 of an acre, or 206m².

Where is 2D PIER ROAD?

2D PIER ROAD is located in NORTHFLEET, in the DA11 postcode district.