At a Glance
Average Property Price - N16
£719,206
94
National percentile
Average Monthly Rent - N
£2,250
94
National percentile
Average Net Household Income - N16
£52,269
92
National percentile
Flat / Maisonette Yield - N
4.4%
6
National percentile
10-Year Annualised Price Growth - N16
1.9%
8
National percentile
10-Year Annualised Rent Growth - N
3.4%
20
National percentile
Property Price & Volume Trends
At £719,000, N16 is among the most expensive postcodes nationally. However, 10-year price growth of 1.9% annually has been well below the national average, suggesting the area has underperformed the broader market. Transaction volumes have declined: 386 sales in the latest year compare to a 10-year average of 469, indicating a softening in activity.
Rent & Yield Trends
Average monthly rent of £2,250 places the N postcode area among the most expensive for rentals nationally. Rent growth of 3.4% annually over the past decade has been below average, slower than the national pace. The flat yield of 4.4% has risen from its 10-year average of 3.5%, reflecting a modest improvement in rental returns despite slower growth.
Income & Affordability Trends
Average household income of £52,269 is well above the national median, placing N16 among the highest-earning areas. Purchase affordability has improved significantly: the price-to-income ratio has fallen from 16.9x in 2016 to 14.3x today. Rental affordability has also strengthened considerably, with the rent-to-income ratio dropping from 51.2% to 42.8% over the same period.
Resident Demographic Profile
The population skews notably younger than the national average, with 24.8% under 15 (well above the 17.5% national average) and only 8.3% aged 65 and over (far below the 19.6% national figure). Housing tenure is heavily weighted towards renting: 36.9% live in private rentals and 32.6% in social housing, together accounting for nearly 70% of the population compared to just 38.2% nationally. The workforce is disproportionately professional (29.6% vs 20.5% nationally) and technical (18.8% vs 13.2%), with notably few trades workers (4.9% vs 10.5% nationally).