Feb 07, 2023 by HM

House prices in Northfleet (DA11 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Northfleet (DA11 9).

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Price per square metre

Knowing the average house price in Northfleet is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 93 Phoenix Court, Black Eagle Drive, Northfleet, sold for £150,000 on Sep-2023. Given the internal area of 63 square metres, the price per sqm is £2,380.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 154 sales in Northfleet (DA11 9) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Northfleet (DA11 9). Of the 154 transactions, half were sold for between £3,330 and £4,460 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,460m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'DA11 9' is £3,790. The table below shows how 'DA11 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DA11 7 Northfleet	£3,540m2	£4,010m2	£4,430m2
DA11 9 Northfleet	£3,330m2	£3,790m2	£4,460m2
DA11 0 Gravesend	£3,080m2	£3,490m2	£3,950m2
DA11 8 Northfleet	£3,720m2	£4,160m2	£4,770m2

Will Northfleet house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for DA11 9 (Northfleet). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for DA11 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Northfleet and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Northfleet data or any other data I am given.

Price map for Northfleet

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Northfleet. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Northfleet

Street level data

Street	Avg size	Avg £/m2	Recent sales
St Marks Avenue, Northfleet, DA11 9L	50m2	£4,038	27
Black Eagle Drive, Northfleet, DA11 9A	60m2	£3,320	25
Springhead Road, Northfleet, DA11 9Q	80m2	£3,481	17
Robinson Way, Northfleet, DA11 9A	81m2	£3,959	13
Pier Road, Northfleet, DA11 9N	67m2	£3,130	13
Taunton Road, Northfleet, DA11 9B	57m2	£4,055	12
Gordon Road, Northfleet, DA11 9J	68m2	£3,833	12
Rural Vale, Northfleet, DA11 9J	58m2	£3,706	11

Search for your street here.

Raw data

Our analysis of Northfleet is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
93 Phoenix Court, Black Eagle Drive, Northfleet	£150,000 Sep-2023	63	2,380
14, Railway St, Northfleet	£267,300 Aug-2023	62	4,311
12, Capstan Mews, Northfleet	£385,000 Aug-2023	72	5,347

See the entire list of all sales in Northfleet (DA11 9) here.