Housing Market Analysis for SOMERFORD GROVE, N16 7TY

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

Overview of Sold House prices

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

  • Other
    • The average price is around £49,900,000 median price is £49,900,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £49,900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is OLYMPIC HOUSE, 12 SOMERFORD GROVE: £49,900,000 (Sold on 24 Dec 2021)
    • The first recorded sale happened at this postcode is OLYMPIC HOUSE, 12 SOMERFORD GROVE: £49,900,000 (Sold on 24 Dec 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average N16 7TY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£49,900,0001

All the Sales in the SOMERFORD GROVE, N16 7TY

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

AddressSold DatePrice% Change
OLYMPIC HOUSE, 12 SOMERFORD GROVEOther, Freehold24 Dec 2021£49,900,000First Sale

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

SOMERFORD GROVE, N16 7TY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £465,981 median price is £337,000 Standard Deviation is £376,489 with Total Sold: 1,688
    • The Last 5 Year average price is £1,036,331 with Total Sold: 242
    • 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 £286,957 median price is £236,500 Standard Deviation is £198,619 with Total Sold: 4,058
    • The Last 5 Year average price is £527,805 with Total Sold: 661
    • 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 £2,600,373 median price is £437,500 Standard Deviation is £8,023,352 with Total Sold: 112
    • The Last 5 Year average price is £2,690,214 with Total Sold: 61
    • 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 , 146 KINGSLAND HIGH STREET: £1,650,000 (Sold on 22 Jan 2014)
  • Semi-Detached
    • The average price is around £397,947 median price is £325,550 Standard Deviation is £330,172 with Total Sold: 78
    • The Last 5 Year average price is £944,152 with Total Sold: 9
    • 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£1,095,38016
2023£1,025,010 £8,674 40
2022£1,074,029 £9,399 63
2021£1,033,946 £8,506 57
2020£1,083,038 £9,364 32
2019£912,047 £8,202 34
2018£947,388 £8,228 37
2017£970,887 £8,681 44
2016£877,945 £8,046 49
2015£836,875 £7,959 36
2014£760,216 £6,584 41
2013£590,070 £5,901 48
2012£562,075 £5,139 52
2011£524,376 £4,778 45
2010£500,497 £4,867 39
2009£441,074 £4,318 42
2008£514,053 £4,528 22
2007£444,727 £3,906 71
2006£372,297 £3,291 80
2005£307,813 £3,058 59
2004£303,005 £2,824 71
2003£282,329 £2,518 64
2002£278,673 £3,251 90
2001£224,166 £2,017 99
2000£201,150 £1,894 82
1999£151,095 £1,410 71
1998£120,994 £1,060 60
1997£99,909 £904 108
1996£88,419 £786 78
1995£80,166 £753 58
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£508,854 £7,834 55
2023£567,346 £8,129 110
2022£551,172 £8,614 112
2021£532,241 £8,404 159
2020£512,103 £7,812 135
2019£477,697 £7,573 90
2018£507,764 £7,809 128
2017£485,513 £7,425 113
2016£498,629 £8,291 136
2015£456,136 £7,396 143
2014£419,825 £6,536 128
2013£345,643 £5,595 160
2012£289,857 £4,894 127
2011£286,805 £4,504 120
2010£266,432 £4,278 145
2009£245,674 £4,057 70
2008£264,975 £3,963 110
2007£261,149 £4,299 203
2006£218,667 £3,592 197
2005£189,411 £3,258 134
2004£186,273 £3,153 153
2003£184,017 £2,943 139
2002£170,953 £2,641 178
2001£140,456 £2,007 146
2000£118,830 £1,980 148
1999£96,943 £1,556 166
1998£75,305 £1,173 155
1997£75,919 £1,091 160
1996£58,102 £947 128
1995£54,804 £845 110
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£533,7777
2023£231,083 £350 6
2022£5,083,571 £9,242 14
2021£5,872,500 £7,830 11
2020£376,715 £4,190 10
2019£1,495,804 £877 13
2018£1,272,296 £5,420 12
2017£524,874 £4,671 17
2016£6,063,1069
2015£3,692,547 £109,458 8
2014£3,768,000 £153,061 5
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£1,550,000 £8,955 2
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£448,035 £8,256 2
2013£360,0001
2012£566,625 £4,745 4
2010£397,500 £4,753 3
2009£540,000 £3,913 1
2008£405,0001
2007£414,375 £3,786 4
2006£375,0001
2005£343,6001
2004£313,750 £3,254 3
2003£248,929 £3,060 7
2002£257,000 £1,891 6
2001£170,000 £1,954 1
2000£174,250 £1,607 4
1999£152,778 £1,303 9
1998£113,667 £1,550 3
1997£86,000 £679 5
1996£60,000 £789 1
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 7TY area

The most common house types in the N16 7TY postcode area are converted building (92), Flat (32), and Semi-detached (3).

Total134
converted building92
Flat32
Semi-detached3
Shared house3
Terraced2
Detached1
temporary structure1
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (116), and Owned: Owns outright (5).

Private rented: Private landlord or letting agency116
Owned: Owns outright5
Shared ownership: Shared ownership4
Private rented: Other private rented3
Owned: Owns with a mortgage or loan2
Social rented: Other social rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the N16 7TY have 2 people in household (69), and 1 person in household (26).

2 people in household69
1 person in household26
3 people in household25
4 people in household11
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0