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Postcode Overview
of N16 7TL
N16 7TL is a residential postcode located on Somerford Grove Estate, London, N16. It is the 758th largest postcode in the N16 area.
It contains 33 residential addresses consisting of 12 houses and 21 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in N16 7TL
The average house value is £466,175. Sales values have increased in the last 12 months by 1.4% and Rental values have increased by 6.5%.
Property sale values range from £428,994 for a leasehold flat, with 2 bedrooms split across 624 square feet of gross internal area and has no outside space to £896,589 for a freehold house, with 3 bedrooms split across 947 square feet of gross internal area and has a garden.
Average £/ft2 for properties in N16 7TL is £671/ft2.
Properties achieve a rental yield of between 5.8% and 6.5%, and rental values range from £2,091 to £4,515 per month.
Recent sales
within N16 7TL
The last sale was 28 Mar 2023 for £563,000 and since then the market in the area as increased by 1.7%. The postcode has had a total of 4 sales since 1995.
N16 7TL has seen 3 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to N16 7TL
N16 7TL is the 758th largest and the 408th most expensive postcode out of the 1,094 postcodes in the N16 area.
Property types
in N16 7TL
N16 7TL is a residential postcode located on Somerford Grove Estate, London, N16 with 12 houses and 21 flats within its bounds.
The most common property type in N16 7TL is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within N16 7TL
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to N16 7TL
Public transport nearby
to N16 7TL
The closest station to N16 7TL is Rectory Road station which is 600 m away.
