Housing Market Analysis for REIZEL CLOSE, N16 5GZ

Are you looking to understand N16 5GZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Hackney postcode.

For the location information and nearby amenities in the N16 5GZ area, explore the N16 5GZ Area information page.
For comprehensive crime statistics in the N16 5GZ area, explore the N16 5GZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the N16 5GZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £284,183 median price is £243,000 Standard Deviation is £139,328 with Total Sold: 15
    • The Last 5 Year average price is £364,167 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 14, LIPPA COURT, 29 REIZEL CLOSE: £282,500 (Sold on 08 Jun 2021)
    • The first recorded sale happened at this postcode is FLAT 2, LIPPA COURT, 29 REIZEL CLOSE: £550,000 (Sold on 13 Mar 2024)
  • Other
    • The average price is around £300,000 median price is £300,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 4, LIPPA COURT, 29 REIZEL CLOSE: £300,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 4, LIPPA COURT, 29 REIZEL CLOSE: £300,000 (Sold on 19 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average N16 5GZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£282,500 £3,488 1
2019£260,000 £3,210 1
2018£385,000 £5,036 2
2016£520,000 £3,910 1
2015£175,000 £2,465 1
2014£400,000 £3,704 1
2010£230,000 £3,134 1
2007£135,000 £1,667 1
2006£102,250 £1,461 1
2004£190,000 £2,436 1
2002£216,000 £1,863 3
2024£550,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £3,896 1

All the Sales in the REIZEL CLOSE, N16 5GZ

See the table below for more details on the sold house prices in the N16 5GZ, Hackney postcode.

AddressSold DatePrice% Change
FLAT 14, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 81 Sq.mtrAge: 1996-200208 Jun 2021£282,5008.65%
18 Mar 2019£260,00092.59%
18 Dec 2007£135,000First Sale
FLAT 6, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 80 Sq.mtrAge: 2003-200630 Oct 2018£520,000First Sale
FLAT 12, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 70 Sq.mtrAge: 1996-200230 Jan 2018£250,000144.50%
16 Nov 2006£102,250First Sale
FLAT 2, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 133 Sq.mtrAge: 1991-199509 Dec 2016£520,000113.99%
30 Jul 2002£243,000-55.82%
13 Mar 2024£550,000First Sale
FLAT 7, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1991-199529 Apr 2015£175,000First Sale
FLAT 1, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 108 Sq.mtrAge: 1996-200217 Sep 2014£400,00095.12%
01 Aug 2002£205,000First Sale
FLAT 11, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 73.38 Sq.mtrAge: 1996-200225 Mar 2010£230,000First Sale
FLAT 9, LIPPA COURT, 29 REIZEL CLOSEFlat, LeaseholdArea: 78 Sq.mtrAge: 1991-199521 Oct 2004£190,000First Sale
FLAT 3, LIPPA COURT, 29 REIZEL CLOSEFlat, Leasehold01 Oct 2002£200,000First Sale
FLAT 4, LIPPA COURT, 29 REIZEL CLOSEOther, FreeholdArea: 77 Sq.mtrAge: 1976-198219 Dec 2023£300,000First Sale

Check out the sold house prices near the N16 5GZ postcode. Properties currently for saleProperties currently for rent

REIZEL CLOSE, N16 5GZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the N16 5GZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the N16 5GZ postcode.

  • Flat
    • The average price is around £260,210 median price is £220,000 Standard Deviation is £178,380 with Total Sold: 3,435
    • The Last 5 Year average price is £453,961 with Total Sold: 514
    • The most recent sale happened at this postcode is , 24 GEORGE DOWNING ESTATE: £396,500 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 16, HEATHER LODGE ST KILDA'S ROAD: £32,500 (Sold on 09 Jan 1995)
  • Terraced
    • The average price is around £466,213 median price is £350,000 Standard Deviation is £388,111 with Total Sold: 1,165
    • The Last 5 Year average price is £1,101,028 with Total Sold: 163
    • The most recent sale happened at this postcode is , 42C BRAYDON ROAD: £495,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 17 FIRSBY ROAD: £85,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £827,838 median price is £473,750 Standard Deviation is £1,125,429 with Total Sold: 88
    • The Last 5 Year average price is £927,371 with Total Sold: 51
    • The most recent sale happened at this postcode is LAND AT, ABNEY HOUSE COLLISON PLACE: £330,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 219 STOKE NEWINGTON HIGH STREET: £213,000 (Sold on 20 Jun 2013)
  • Semi-Detached
    • The average price is around £515,783 median price is £357,500 Standard Deviation is £567,122 with Total Sold: 122
    • The Last 5 Year average price is £1,343,333 with Total Sold: 15
    • The most recent sale happened at this postcode is , 70 MANOR ROAD: £1,000,000 (Sold on 01 Nov 2023)
    • The first recorded sale happened at this postcode is , 28 HEATHLAND ROAD: £220,000 (Sold on 17 Jul 1995)
  • Detached
    • The average price is around £584,696 median price is £326,500 Standard Deviation is £607,625 with Total Sold: 42
    • The Last 5 Year average price is £1,193,333 with Total Sold: 6
    • The most recent sale happened at this postcode is , 2D DUNSMURE ROAD: £1,050,000 (Sold on 01 Dec 2022)
    • The first recorded sale happened at this postcode is , 20A MANOR ROAD: £102,300 (Sold on 16 Nov 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£407,455 £8,263 46
2023£448,766 £7,447 76
2022£498,305 £7,671 115
2021£459,242 £7,673 112
2020£457,917 £7,179 73
2019£416,508 £6,743 92
2018£480,276 £7,018 102
2017£480,704 £7,253 134
2016£448,541 £6,866 94
2015£420,479 £6,565 104
2014£382,066 £6,547 117
2013£319,208 £5,359 103
2012£299,980 £4,991 83
2011£265,523 £4,417 83
2010£262,152 £4,288 89
2009£235,775 £3,917 66
2008£269,504 £4,105 69
2007£258,872 £4,262 214
2006£221,853 £3,489 165
2005£201,915 £3,571 113
2004£186,483 £3,086 153
2003£166,161 £2,957 145
2002£160,687 £2,734 153
2001£142,168 £2,267 144
2000£119,323 £2,012 131
1999£104,616 £1,773 219
1998£72,975 £1,358 140
1997£67,940 £1,129 134
1996£54,949 £887 88
1995£51,053 £750 78
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,127,629 £5,042 14
2023£1,135,478 £8,428 23
2022£1,176,257 £8,071 35
2021£1,081,875 £7,403 44
2020£1,040,208 £7,906 24
2019£1,036,011 £7,443 23
2018£945,238 £7,600 21
2017£1,052,391 £7,482 23
2016£872,650 £7,184 20
2015£842,328 £6,510 23
2014£615,196 £5,926 21
2013£637,079 £5,411 19
2012£611,287 £4,874 26
2011£599,557 £5,227 22
2010£529,245 £4,226 25
2009£512,804 £4,013 22
2008£561,714 £4,486 21
2007£505,081 £3,878 39
2006£381,669 £3,430 65
2005£423,648 £4,636 33
2004£373,184 £3,336 54
2003£332,499 £3,216 74
2002£305,642 £2,531 69
2001£249,350 £2,735 58
2000£209,695 £1,852 75
1999£171,272 £1,584 68
1998£156,621 £1,204 55
1997£112,168 £926 54
1996£108,724 £1,065 57
1995£91,986 £862 58
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,942,5004
2023£779,286 £7,181 7
2022£1,256,667 £15,854 9
2021£617,272 £5,585 15
2020£767,673 £3,865 5
2019£878,500 £10,971 11
2018£426,828 £3,738 11
2017£994,840 £4,396 10
2016£933,162 £4,082 8
2015£661,667 £8,335 3
2014£389,0003
2013£146,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,925,000 £7,136 6
2022£1,106,667 £9,555 3
2021£810,000 £6,545 5
2019£1,230,000 £5,212 1
2018£842,250 £6,858 4
2017£1,633,333 £9,150 3
2016£833,333 £7,693 3
2014£651,250 £7,588 4
2013£850,000 £3,680 1
2012£535,400 £4,499 5
2011£644,375 £5,264 4
2009£507,500 £5,772 2
2008£718,000 £2,895 1
2007£632,750 £4,302 4
2006£446,3333
2005£395,250 £2,001 4
2004£421,249 £3,743 6
2003£326,100 £2,636 10
2002£243,200 £1,344 5
2001£296,667 £1,533 3
2000£265,900 £1,740 6
1999£198,000 £1,386 12
1998£161,359 £834 11
1997£145,225 £1,525 12
1996£169,833 £1,853 3
1995£220,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£947,500 £10,396 2
2021£1,352,500 £25,546 2
2020£1,400,0001
2019£1,160,000 £9,134 1
2018£2,310,000 £8,859 2
2017£1,575,000 £8,750 1
2016£625,0001
2014£820,000 £7,455 1
2012£461,000 £4,564 1
2011£377,750 £2,722 4
2010£454,0002
2008£685,0002
2007£815,0002
2006£250,0001
2005£300,0001
2004£425,000 £4,461 1
2003£280,0001
2002£212,500 £1,928 6
2001£220,000 £2,178 1
1999£136,238 £1,660 4
1997£135,000 £1,287 2
1996£105,000 £2,144 2
1995£102,300 £1,074 1

House Type in N16 5GZ area

The most common house types in the N16 5GZ postcode area are Flat (155), converted building (9), and Terraced (8).

Total192
Flat155
converted building9
Terraced8
Shared house6
Detached5
commercial building5
Semi-detached3
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (110), and Private rented: Private landlord or letting agency (55).

Social rented: Other social rented110
Private rented: Private landlord or letting agency55
Social rented: Rents from council or Local Authority14
Owned: Owns outright4
Shared ownership: Shared ownership4
Private rented: Other private rented3
Lives rent free2
Does not apply0
Owned: Owns with a mortgage or loan0

Number of People in a Household

The most houses in the N16 5GZ have 1 person in household (89), and 2 people in household (46).

1 person in household89
2 people in household46
3 people in household19
4 people in household12
5 people in household12
6 people in household5
8 or more people in household5
7 people in household4
0 people in household0