N16 8ER is a residential postcode located on Ormsby Place, London, N16. It is the 265th largest postcode in the N16 area.
It contains 11 residential addresses consisting of 9 houses and 2 flats and the most common type of property is a period house built between 1800 and 1911.
The average house value is £677,702. Sales values have increased in the last 12 months by 2.4% and Rental values have increased by 7.7%.
Property sale values range from £510,748 for a freehold house, with 2 bedrooms split across 459 square feet of gross internal area and has a garden to £845,051 for a freehold house, with 3 bedrooms split across 1,055 square feet of gross internal area and has a garden.
Average £/ft2 for properties in N16 8ER is £899/ft2.
Properties achieve a rental yield of between 6% and 6.3%, and rental values range from £2,703 to £4,239 per month.
The last sale was 29 Sep 2021 for £585,000 and since then the market in the area as increased by 5.7%. The postcode has had a total of 4 sales since 1995.
N16 8ER has seen 1 sale in the last three years and no sales in the last twelve months.
N16 8ER is the 265th largest and the 736th most expensive postcode out of the 1,094 postcodes in the N16 area.
N16 8ER is a residential postcode located on Ormsby Place, London, N16 with 9 houses and 2 flats within its bounds.
The most common property type in N16 8ER is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to N16 8ER is Rectory Road station which is 400 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around N16 8ER, 62.2% of property is privately rented and 17.7% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around N16 8ER, 16.6% of residents are recorded as possessing school level qualifications and 63.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around N16 8ER, the average age was 35.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around N16 8ER, 1.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around N16 8ER, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.