House Prices in N16 House Prices in N16 (London)

The average house price in N16 (London) is £780,866 using HM Land Registry data.

The average property price increased by £134,062 (6.99%) over the last 5 years and increased by £26,862 (1.21%) over the last 12 months.

Over the last year, there were 318 residential property sales – a decrease of 139 transactions (-43.71%) relative to the previous year. The majority of house sales (133) were in the £340,000 - £572,000 range. Then came properties in the £572,000 - £804,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-39,113 (-3%).

In Oct 24, there were 60 new estate agency instructions, 52 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in N16 (London)

6.99%

Property prices in London increased by 6.99% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in N16 (London) Over the Last Year

1.21%

Property prices in London increased by 1.21% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for N16 (London) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in N16 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in N16 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in N16 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the N16 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the N16 postcode area since 1995.

Recent Sales in N16 (London)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Northwold Road, London, Greater London, N16 7DS£1,650,000£1,650,000£0017 Jul 202431 Jul 202414 Days
46 Allerton Road, London, Greater London, N16 5UF£1,850,000£1,775,000-£75,00029 May 202430 Jul 202462 Days
76 Springdale Road, London, Greater London, N16 9NX£450,000£450,000£0001 Apr 202426 Jul 2024116 Days
2 West Bank, London, Greater London, N16 5DG£550,000£470,000-£80,00015 Sep 202319 Jul 2024308 Days
Flat 2, Sheridan House, Hawksley Road, London, Greater London, N16 0TB£350,000£345,500-£4,50027 Feb 202405 Jul 2024129 Days
89 Palatine Road, London, Greater London, N16 8SY£1,150,000£1,111,728-£38,27228 Feb 202418 Jun 2024111 Days
27 Darenth Road, London, Greater London, N16 6EP£1,650,000£1,500,000-£150,00018 May 202414 Jun 202427 Days
Flat 6, Donne House, Howard Road, London, Greater London, N16 8PQ£625,000£585,000-£40,00004 May 202431 May 202427 Days
Flat 16, Laindon House, Stamford Hill, London, Greater London, N16 6XP£375,000£365,000-£10,00016 Jan 202431 May 2024136 Days
11 Tavistock Close, London, Greater London, N16 8UZ£425,000£380,000-£45,00027 Jun 202315 May 2024323 Days
53c, Nevill Road, London, Greater London, N16 8SW£430,000£415,000-£15,00016 May 202310 May 2024360 Days
127 Brooke Road, London, Greater London, N16 7RJ£825,000£825,000£0014 Sep 202302 May 2024231 Days
Flat 5, Swift House, Sandbrook Road, London, Greater London, N16 0SJ£695,000£695,000£0022 May 202326 Apr 2024340 Days
30 Oldfield Road, Stoke Newington, London, Greater London, N16 0RS£1,500,000£1,335,000-£165,00020 Jul 202322 Apr 2024277 Days
283 Lordship Road, London, Greater London, N16 5HG£450,000£425,000-£25,00015 Sep 202312 Apr 2024210 Days
99 Clissold Crescent, London, Greater London, N16 9AS£1,750,000£1,700,000-£50,00002 Jan 202412 Apr 2024101 Days
84 Hawksley Road, London, Greater London, N16 0TJ£1,500,000£1,420,000-£80,00026 Dec 202310 Apr 2024106 Days
40 Pellerin Road, London, Greater London, N16 8AT£1,250,000£1,210,000-£40,00009 Nov 202305 Apr 2024148 Days
19 Oldfield Road, Stoke Newington, London, Greater London, N16 0RR£1,150,000£1,150,000£0008 Nov 202328 Mar 2024141 Days
99 Bouverie Road, London, Greater London, N16 0AD£1,250,000£1,250,000£0030 Oct 202328 Mar 2024150 Days

Most Expensive Streets in N16 (London)

PostcodeStreetAreaAverageNo. of Sales
N16 0HXQueen Elizabeths WalkLondon£2,200,6663
N16 5UFAllerton RoadLondon£1,786,2506
N16 9NPAden GroveLondon£1,517,0149
N16 8ENVictorian GroveLondon£1,516,6663
N16 5JEBergholt CrescentLondon£1,505,0005
N16 0NSDumont RoadLondon£1,485,3333
N16 9NALidfield RoadLondon£1,459,1258
N16 0DSChesholm RoadLondon£1,431,2504
N16 0NASummerhouse RoadLondon£1,403,3333
N16 0AHBouverie RoadLondon£1,401,6669

Least Expensive Streets in N16 (London)

PostcodeStreetAreaAverageNo. of Sales
N16 5PFLewis GardensLondon£201,1254
N16 6AEElder Court, Saw Mill WayLondon£222,0833
N16 6ANSaw Mill WayLondon£251,4374
N16 6BWGeorge Downing EstateLondon£288,8005
N16 6PHKyverdale RoadLondon£290,9993
N16 7TWShacklewell RoadLondon£293,0003
N16 0AQBouverie RoadLondon£299,6666
N16 5EALincoln Court, Bethune RoadLondon£304,8333
N16 6BQGeorge Downing EstateLondon£315,0003
N16 8QZMatthias RoadLondon£316,6663

Explore N16 (London) using map