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N16 local market report London

Every figure on this page comes from the public record: 22,504 sales registered with HM Land Registry in N16 (London) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

N16 is the postcode district covering Shacklewell in London. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where N16 sits

Click the map to open N16 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

E8N15N5E5N4N1N17E2E9N7N8E10N19N1CE17E3NW5N16
£500,000median sold price, 2026
-11%five-year change (cash)
455sales in the last 12 months
6.3%gross rental yield (est.)

What a home in N16 sells for

The 2026 median in N16 is £500,000, from 117 registered sales; the mean, £633,900, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so N16 trades 82% above the country as a whole.

The price of a typical N16 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£250k£500k£750k£1.00M1995200020052010201520202026 1995: £70,000 at the time · £148,615 in today's money · 663 sales1996: £75,000 at the time · £154,478 in today's money · 762 sales1997: £78,500 at the time · £157,228 in today's money · 928 sales1998: £90,000 at the time · £177,429 in today's money · 864 sales1999: £118,500 at the time · £230,649 in today's money · 1,029 sales2000: £142,000 at the time · £272,167 in today's money · 829 sales2001: £180,000 at the time · £337,959 in today's money · 995 sales2002: £193,200 at the time · £355,015 in today's money · 1,048 sales2003: £200,600 at the time · £360,923 in today's money · 804 sales2004: £220,000 at the time · £390,231 in today's money · 887 sales2005: £235,000 at the time · £408,438 in today's money · 740 sales2006: £245,000 at the time · £415,356 in today's money · 919 sales2007: £278,000 at the time · £460,552 in today's money · 975 sales2008: £284,000 at the time · £454,664 in today's money · 436 sales2009: £293,000 at the time · £460,000 in today's money · 423 sales2010: £327,500 at the time · £501,609 in today's money · 555 sales2011: £320,000 at the time · £471,795 in today's money · 535 sales2012: £349,500 at the time · £502,406 in today's money · 534 sales2013: £368,500 at the time · £517,851 in today's money · 643 sales2014: £445,000 at the time · £616,566 in today's money · 629 sales2015: £500,000 at the time · £690,000 in today's money · 668 sales2016: £515,000 at the time · £703,663 in today's money · 681 sales2017: £528,000 at the time · £703,320 in today's money · 659 sales2018: £534,500 at the time · £695,858 in today's money · 588 sales2019: £547,500 at the time · £700,881 in today's money · 562 sales2020: £589,000 at the time · £746,391 in today's money · 534 sales2021: £560,000 at the time · £692,473 in today's money · 855 sales2022: £620,000 at the time · £710,041 in today's money · 734 sales2023: £575,000 at the time · £617,030 in today's money · 551 sales2024: £583,000 at the time · £605,372 in today's money · 687 sales2025: £565,000 at the time · £565,000 in today's money · 670 sales2026: £500,000 at the time · £500,000 in today's money · 117 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£500,000£500,000117
2025£565,000£565,000670
2024£583,000£605,372687
2023£575,000£617,030551
2022£620,000£710,041734
2021£560,000£692,473855
2020£589,000£746,391534
2019£547,500£700,881562
2018£534,500£695,858588
2017£528,000£703,320659
2016£515,000£703,663681
2015£500,000£690,000668
2014£445,000£616,566629
2013£368,500£517,851643
2012£349,500£502,406534
2011£320,000£471,795535
2010£327,500£501,609555
2009£293,000£460,000423
2008£284,000£454,664436
2007£278,000£460,552975
2006£245,000£415,356919
2005£235,000£408,438740
2004£220,000£390,231887
2003£200,600£360,923804
2002£193,200£355,0151,048
2001£180,000£337,959995
2000£142,000£272,167829
1999£118,500£230,6491,029
1998£90,000£177,429864
1997£78,500£157,228928
1996£75,000£154,478762
1995£70,000£148,615663

In cash terms the typical N16 home went from £70,000 in 1995 to £500,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 236%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2020; the current median sits about 33% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.

Year-on-year change in the N16 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +7.1% on the year before1997 · +4.7% on the year before1998 · +14.6% on the year before1999 · +31.7% on the year before2000 · +19.8% on the year before2001 · +26.8% on the year before2002 · +7.3% on the year before2003 · +3.8% on the year before2004 · +9.7% on the year before2005 · +6.8% on the year before2006 · +4.3% on the year before2007 · +13.5% on the year before2008 · +2.2% on the year before2009 · +3.2% on the year before2010 · +11.8% on the year before2011 · −2.3% on the year before2012 · +9.2% on the year before2013 · +5.4% on the year before2014 · +20.8% on the year before2015 · +12.4% on the year before2016 · +3.0% on the year before2017 · +2.5% on the year before2018 · +1.2% on the year before2019 · +2.4% on the year before2020 · +7.6% on the year before2021 · −4.9% on the year before2022 · +10.7% on the year before2023 · −7.3% on the year before2024 · +1.4% on the year before2025 · −3.1% on the year before2026 · −11.5% on the year before200020052010201520202026

The strongest year on record here is 1999 (+31.7% on the year before); the weakest, 2026 (−11.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−11.5%−11.5%
5 years (since 2021)−2.2%−6.3%
10 years (since 2016)−0.3%−3.4%
20 years (since 2006)+3.6%+0.9%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

1,0002,000 1995: 663 sales1996: 762 sales1997: 928 sales1998: 864 sales1999: 1,029 sales2000: 829 sales2001: 995 sales2002: 1,048 sales2003: 804 sales2004: 887 sales2005: 740 sales2006: 919 sales2007: 975 sales2008: 436 sales2009: 423 sales2010: 555 sales2011: 535 sales2012: 534 sales2013: 643 sales2014: 629 sales2015: 668 sales2016: 681 sales2017: 659 sales2018: 588 sales2019: 562 sales2020: 534 sales2021: 855 sales2022: 734 sales2023: 551 sales2024: 687 sales2025: 670 sales2026: 117 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

125250 June 2021 · 208 sales registeredJuly 2021 · 27 sales registeredAugust 2021 · 39 sales registeredSeptember 2021 · 72 sales registeredOctober 2021 · 42 sales registeredNovember 2021 · 40 sales registeredDecember 2021 · 45 sales registeredJanuary 2022 · 47 sales registeredFebruary 2022 · 51 sales registeredMarch 2022 · 64 sales registeredApril 2022 · 57 sales registeredMay 2022 · 49 sales registeredJune 2022 · 59 sales registeredJuly 2022 · 61 sales registeredAugust 2022 · 79 sales registeredSeptember 2022 · 73 sales registeredOctober 2022 · 58 sales registeredNovember 2022 · 68 sales registeredDecember 2022 · 68 sales registeredJanuary 2023 · 39 sales registeredFebruary 2023 · 41 sales registeredMarch 2023 · 51 sales registeredApril 2023 · 39 sales registeredMay 2023 · 31 sales registeredJune 2023 · 41 sales registeredJuly 2023 · 53 sales registeredAugust 2023 · 55 sales registeredSeptember 2023 · 63 sales registeredOctober 2023 · 51 sales registeredNovember 2023 · 50 sales registeredDecember 2023 · 37 sales registeredJanuary 2024 · 55 sales registeredFebruary 2024 · 51 sales registeredMarch 2024 · 62 sales registeredApril 2024 · 46 sales registeredMay 2024 · 75 sales registeredJune 2024 · 49 sales registeredJuly 2024 · 50 sales registeredAugust 2024 · 67 sales registeredSeptember 2024 · 58 sales registeredOctober 2024 · 60 sales registeredNovember 2024 · 51 sales registeredDecember 2024 · 63 sales registeredJanuary 2025 · 50 sales registeredFebruary 2025 · 50 sales registeredMarch 2025 · 129 sales registeredApril 2025 · 44 sales registeredMay 2025 · 59 sales registeredJune 2025 · 43 sales registeredJuly 2025 · 62 sales registeredAugust 2025 · 52 sales registeredSeptember 2025 · 49 sales registeredOctober 2025 · 48 sales registeredNovember 2025 · 45 sales registeredDecember 2025 · 39 sales registeredJanuary 2026 · 31 sales registeredFebruary 2026 · 27 sales registeredMarch 2026 · 29 sales registeredApril 2026 · 23 sales registeredMay 2026 · 7 sales registered

N16 recorded 455 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 900 sales a year before the financial crisis and 552 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around N16

N16 falls under Hackney, where the ONS puts the average private rent at £2,622 a month (May 2026 figures). A one-bed averages £1,972 a month here and a four-or-more-bed £3,630, so size does most of the work in setting the rent.

Average monthly rent by size, Hackney

ONS Price Index of Private Rents, May 2026.

1 bed: £1,972 a month£1,9721 bed2 bed: £2,453 a month£2,4532 bed3 bed: £2,804 a month£2,8043 bed4+ bed: £3,630 a month£3,6304+ bed

Set against the £500,000 median sold price, £2,622 a month is £31,464 a year, a gross yield of 6.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will N16 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 11% over five years in cash but down 28% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

N16 ranks 17 of 23 in the N area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, N area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

N19N19 · +10% over five years · median £602,500+10%N9N9 · +9% over five years · median £405,000+9%N22N22 · +9% over five years · median £556,200+9%N13N13 · +8% over five years · median £547,000+8%N18N18 · +6% over five years · median £402,000+6%N16N16 · −11% over five years · median £500,000−11%N12N12 · −13% over five years · median £491,000−13%N5N5 · −16% over five years · median £567,500−16%N3N3 · −18% over five years · median £520,000−18%N6N6 · −19% over five years · median £635,000−19%N20N20 · −21% over five years · median £544,500−21%

Inside N16, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
N16 0£562,50012
N16 5£470,00027
N16 6£487,50016
N16 7£500,00027
N16 8£497,50022
N16 9£608,00013

How N16 compares nearby

Same city, different markets. The neighbouring districts of the N area, dearest first:

DistrictMedian5-year
N1C£955,000-11%
N6£635,000-19%
N14£625,000-4%
N1£622,500-7%
N19£602,500+10%
N10£595,000-8%
N4£580,000+4%
N2£570,000-8%
N5£567,500-16%
N22£556,200+9%
N8£549,200+0%
N15£547,500+1%
N13£547,000+8%
N20£544,500-21%
N21£525,000-12%
N3£520,000-18%
N7£500,000-10%
N16 (this report)£500,000-11%
N12£491,000-13%
N17£440,000-4%
N11£430,000-7%
N9£405,000+9%
N18£402,000+6%

Dig further

See every individual N16 sale on the live map, mapped to the exact address, or the quick-reference N16 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.