Housing Market Analysis for SOMERFORD GROVE ESTATE, N16 7TL

Are you looking to understand N16 7TL 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 7TL area, explore the N16 7TL Area information page.
For comprehensive crime statistics in the N16 7TL area, explore the N16 7TL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the N16 7TL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £248,957 median price is £202,500 Standard Deviation is £141,064 with Total Sold: 23
    • The Last 5 Year average price is £414,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 SOMERFORD GROVE ESTATE: £563,000 (Sold on 28 Mar 2023)
    • The first recorded sale happened at this postcode is 1 SOMERFORD GROVE ESTATE: £52,000 (Sold on 04 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average N16 7TL 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
2023£563,000 £8,797 1
2022£427,500 £7,018 2
2019£240,000 £3,380 1
2018£368,000 £6,033 1
2017£398,500 £6,273 2
2016£440,000 £6,875 1
2015£375,000 £5,682 1
2012£245,000 £3,952 1
2011£200,250 £3,131 2
2009£220,000 £3,745 1
2008£180,000 £2,812 1
2006£135,000 £1,184 1
2005£149,000 £2,351 2
2003£140,000 £2,188 1
2002£133,000 £2,146 2
2001£92,000 £807 1
1999£59,500 £522 1
1997£52,000 £812 1

All the Sales in the SOMERFORD GROVE ESTATE, N16 7TL

See the table below for more details on the sold house prices in the N16 7TL, Hackney postcode.

AddressSold DatePrice% Change
1 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 64 Sq.mtrAge: 1930-194928 Mar 2023£563,00027.95%
06 May 2016£440,000214.29%
10 Jan 2003£140,000169.23%
04 Sep 1997£52,000First Sale
11 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 63 Sq.mtrAge: 1950-196631 Oct 2022£450,00020.97%
10 Mar 2017£372,000First Sale
27 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 58.75 Sq.mtrAge: 1950-196612 Jul 2022£405,00084.09%
10 Nov 2009£220,00057.14%
01 Nov 2002£140,000First Sale
19 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-196628 Aug 2019£240,000First Sale
3 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 61 Sq.mtrAge: 1930-194921 Sep 2018£368,000145.33%
14 Oct 2005£150,000First Sale
32 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-196613 Jun 2017£425,000136.11%
18 Jul 2008£180,000First Sale
22 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 66 Sq.mtrAge: 1950-196626 Feb 2015£375,00085.19%
08 Apr 2011£202,50036.82%
06 May 2005£148,00017.46%
16 Oct 2002£126,000First Sale
33 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 62 Sq.mtrAge: 1900-192916 Nov 2012£245,00023.74%
04 Oct 2011£198,000First Sale
20 SOMERFORD GROVE ESTATEFlat, LeaseholdArea: 114 Sq.mtrAge: 1930-194901 Aug 2006£135,00046.74%
13 Aug 2001£92,00054.62%
18 Nov 1999£59,500First Sale

Check out the sold house prices near the N16 7TL postcode. Properties currently for saleProperties currently for rent

SOMERFORD GROVE ESTATE, N16 7TL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the N16 7TL 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 7TL postcode.

  • Terraced
    • The average price is around £465,234 median price is £337,000 Standard Deviation is £374,461 with Total Sold: 1,853
    • The Last 5 Year average price is £1,032,227 with Total Sold: 260
    • The most recent sale happened at this postcode is , 99 VICTORIAN GROVE: £580,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 51 BELGRADE ROAD: £91,500 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £289,925 median price is £240,000 Standard Deviation is £201,931 with Total Sold: 4,030
    • The Last 5 Year average price is £535,410 with Total Sold: 653
    • The most recent sale happened at this postcode is FLAT 6, 2A BELGRADE ROAD: £472,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 14 TIME SQUARE: £49,995 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £2,531,924 median price is £298,000 Standard Deviation is £7,995,031 with Total Sold: 113
    • The Last 5 Year average price is £2,607,057 with Total Sold: 63
    • The most recent sale happened at this postcode is FLAT 5, 36 - 40 ALLEN ROAD: £551,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 69 STOKE NEWINGTON HIGH STREET: £275,000 (Sold on 21 Aug 2013)
  • Semi-Detached
    • The average price is around £394,794 median price is £306,750 Standard Deviation is £327,777 with Total Sold: 88
    • The Last 5 Year average price is £930,851 with Total Sold: 11
    • The most recent sale happened at this postcode is , 89 PALATINE ROAD: £1,111,728 (Sold on 18 Jun 2024)
    • The first recorded sale happened at this postcode is , 51 PRINCE GEORGE ROAD: £59,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £631,214 median price is £527,500 Standard Deviation is £423,925 with Total Sold: 14
    • The Last 5 Year average price is £1,245,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 44 ST MARK'S RISE: £1,280,000 (Sold on 11 May 2023)
    • The first recorded sale happened at this postcode is , 25A STOKE NEWINGTON ROAD: £100,000 (Sold on 27 Jun 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,047,00418
2023£1,016,566 £8,561 44
2022£1,087,829 £9,422 65
2021£1,035,330 £8,402 62
2020£1,070,292 £9,218 35
2019£901,239 £8,070 36
2018£953,683 £8,345 43
2017£986,041 £8,625 50
2016£866,704 £7,991 53
2015£815,968 £7,807 47
2014£754,021 £6,530 42
2013£589,516 £5,816 55
2012£556,217 £5,257 57
2011£537,968 £5,019 49
2010£492,298 £4,712 45
2009£441,704 £4,293 47
2008£477,545 £4,331 26
2007£440,406 £3,919 84
2006£379,444 £3,264 80
2005£315,018 £3,008 64
2004£303,155 £2,806 73
2003£276,615 £2,493 70
2002£274,534 £3,078 92
2001£222,225 £2,089 113
2000£197,761 £1,861 91
1999£146,954 £1,377 80
1998£121,728 £1,001 64
1997£99,915 £976 116
1996£90,010 £827 90
1995£80,805 £750 62
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£528,019 £8,255 51
2023£574,980 £8,129 110
2022£542,960 £8,687 109
2021£539,493 £8,391 163
2020£529,504 £7,831 134
2019£481,078 £7,654 86
2018£514,628 £7,877 131
2017£488,539 £7,397 113
2016£503,795 £8,403 141
2015£463,430 £7,429 135
2014£416,379 £6,497 136
2013£347,350 £5,620 167
2012£290,820 £4,910 126
2011£289,858 £4,514 118
2010£269,830 £4,314 143
2009£244,538 £4,057 71
2008£265,883 £4,007 105
2007£262,581 £4,347 194
2006£218,048 £3,589 196
2005£190,474 £3,275 134
2004£186,356 £3,154 151
2003£183,032 £2,923 142
2002£169,117 £2,599 180
2001£140,090 £2,013 140
2000£117,863 £1,955 147
1999£96,357 £1,536 168
1998£75,157 £1,161 149
1997£75,682 £1,086 162
1996£57,608 £934 125
1995£54,833 £838 103
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£470,1238
2023£366,643 £350 7
2022£5,046,500 £6,974 14
2021£6,404,250 £7,830 10
2020£376,715 £4,190 10
2019£1,389,746 £877 14
2018£1,228,504 £5,420 12
2017£471,466 £4,671 19
2016£9,001,2506
2015£3,577,197 £109,458 7
2014£3,768,000 £153,061 5
2013£275,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,111,7281
2023£645,000 £7,679 1
2022£710,667 £8,017 3
2021£1,210,500 £9,448 4
2020£973,636 £9,339 1
2019£535,0001
2018£515,0001
2017£718,800 £7,907 2
2016£932,500 £7,766 4
2015£675,000 £5,486 2
2014£475,0001
2013£360,0001
2012£566,625 £4,745 4
2010£373,300 £4,336 5
2009£490,000 £4,432 3
2008£405,0001
2007£376,500 £3,786 5
2006£375,0001
2005£343,6001
2004£348,500 £3,794 2
2003£241,562 £2,190 8
2002£244,250 £2,183 8
2001£170,000 £1,954 1
2000£174,250 £1,607 4
1999£154,650 £1,373 10
1998£113,667 £1,550 3
1997£86,000 £679 5
1996£41,400 £474 2
1995£58,3333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,280,0001
2021£1,636,000 £7,942 1
2019£820,000 £10,000 1
2015£555,000 £9,407 1
2010£457,498 £3,888 2
2009£500,000 £2,427 1
2007£625,000 £8,666 1
2006£900,0001
2003£886,0001
2001£235,0001
2000£220,000 £3,929 1
1999£165,0001
1997£100,0001

House Type in N16 7TL area

The most common house types in the N16 7TL postcode area are Flat (84), Shared house (31), and Terraced (14).

Total136
Flat84
Shared house31
Terraced14
Detached4
Semi-detached3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (57), and Private rented: Private landlord or letting agency (34).

Social rented: Rents from council or Local Authority57
Private rented: Private landlord or letting agency34
Owned: Owns with a mortgage or loan21
Social rented: Other social rented17
Owned: Owns outright8
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the N16 7TL have 2 people in household (54), and 1 person in household (41).

2 people in household54
1 person in household41
4 people in household20
3 people in household18
5 people in household7
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0