K1 NGS Number Plate Value
A genuine statement plate: prefix style (1983-2001).
Key Factors Behind This Valuation
- Sold at DVLA auction (DVLA auction Dec 1993) for £185,000
- 12 DVLA retail stock movements, median £399
- 50+ equivalent reads live in DVLA stock from £250
- Reads KINGS (read score 100)
- Standout number combination
How K1 NGS Reads
KINGS read score 100/100
The whole plate spells it out.
It also reads as:
- KING S 92/100
A plate with more than one believable read has more than one pool of buyers chasing it, which is usually a good thing for the price.
Name and word reads carry the deepest demand: a plate that spells something real appeals to every matching buyer at once, and that pool never empties.
Auction Evidence
This exact registration has been through a DVLA auction (DVLA auction Dec 1993), hammering at £185,000. Hammer prices are real money changing hands: the strongest single anchor any valuation can have.
We hold 5 auction hammer prices for plates sharing these letters in this same plate format, with a median of £7,000, anchoring the band to what buyers actually pay rather than asking prices.
The Full Story
K1 NGS is a prefix style (1983-2001) registration.
Its standout feature is the read: it says KINGS. The whole plate spells it out. Plates that spell something real always sit above the crowd, because they appeal to everyone who shares the name or the meaning rather than one buyer with matching initials.
On the numbers: the number 1: the single most sought-after digit there is.
Here is the headline: this exact registration has been through a DVLA auction (DVLA auction Dec 1993) and sold for £185,000. A plate's own hammer price is the strongest evidence that can exist, so our band simply brackets that real sale.
Alongside that, our estimate draws on 12 priced movements from plates carrying the NGS block in our DVLA stock tracking, with a typical (median) price of £399. Worth knowing: these are DVLA retail asking prices for NEW stock at fixed price bands, so the resale market usually prices above them once a plate is no longer available new.
Search interest on our own site for this read has been quiet over the last three months (0 searches), which feeds the demand side of the picture.
Reality check from the shelf: 50 or more equivalent KINGS reads are available new in DVLA stock right now from £250. Live supply like that anchors what anyone will pay, because a buyer can always take the cheaper alternative.
Price & Valuation History
Everything on file for K1 NGS: recorded market events and our automated guide bands as data shifted.
-
A genuine statement plate Our valuer
£166,500 – £249,750
-
Sold at DVLA auction DVLA auction
£185,000
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