N16 8LY is a residential postcode situated on Arundel Grove, London, N16 with 32 addresses.
It ranks as the 699th largest and 69th most expensive of the 1,048 postcodes in the N16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 flats.
N16 8LY is a residential postcode situated on Arundel Grove, London, N16 with 32 addresses.
It ranks as the 699th largest and 69th most expensive of the 1,048 postcodes in the N16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 flats.
Sale prices range from £274,640 for 1 bedroom leasehold flats (344 ft2) to £374,926 for 2 bedroom leasehold flats (542 ft2) .
Monthly rental prices range from £1,413 pcm for 1 bed flats to £1,962 pcm for 2 bed flats.
The gross rental yield is between 6.1% and 6.3%.
The average value per square foot is £726.
The last sale in N16 8LY sold for £321,000 on 18th June 2021. Since then prices are up an average of 3.9%.
The current average value in the postcode is £318,224.
The N16 8LY Sales Market has decreased by 0.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £318,224 |
| April 2025 | 2.2% | £324,945 |
| April 2024 | 1.1% | £317,866 |
| April 2023 | -0.7% | £314,404 |
| April 2022 | 3.2% | £316,578 |
| April 2021 | -0.5% | £306,719 |
| April 2020 | 1% | £308,239 |
| April 2019 | -3% | £305,163 |
| April 2018 | -1.6% | £314,633 |
| April 2017 | 0.2% | £319,736 |
| April 2016 | 7.4% | £318,988 |
| April 2015 | 11.9% | £297,124 |
| April 2014 | 19.9% | £265,426 |
| April 2013 | 10.1% | £221,398 |
| April 2012 | 7.4% | £201,055 |
| April 2011 | 3.5% | £187,243 |
| April 2010 | 7% | £180,860 |
| April 2009 | -11.1% | £169,100 |
| April 2008 | 10.9% | £190,151 |
| April 2007 | 0% | £171,479 |
The current average rental value in the postcode is £1,655.
The N16 8LY Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 6% | £1,655pcm |
| April 2025 | 4.1% | £1,561pcm |
| April 2024 | 5.4% | £1,499pcm |
| April 2023 | 12.6% | £1,422pcm |
| April 2022 | 12.4% | £1,262pcm |
| April 2021 | -6.9% | £1,123pcm |
| April 2020 | 0.3% | £1,207pcm |
| April 2019 | 3.2% | £1,203pcm |
| April 2018 | -0.6% | £1,166pcm |
| April 2017 | -5% | £1,173pcm |
| April 2016 | 4.5% | £1,234pcm |
| April 2015 | 5.6% | £1,181pcm |
| April 2014 | 3.7% | £1,119pcm |
| April 2013 | -0.1% | £1,079pcm |
| April 2012 | 10.2% | £1,080pcm |
| April 2011 | 7.4% | £980pcm |
| April 2010 | -0.4% | £912pcm |
| April 2009 | -5.2% | £916pcm |
| April 2008 | 14.1% | £966pcm |
| April 2007 | 0% | £847pcm |
The last sale was on 18th June 2021 for £321,000 and since then the market in the area has increased by 3.9%. The postcode has had a total of 5 sales since 1995.
N16 8LY has seen no sales in the last three years and no sales in the last twelve months.
N16 8LY is the 699th largest and the 69th most expensive postcode out of the 1,048 postcodes in the N16 area.
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