But @Mike-And-Jane0 , there's a huge difference between £16 and £60 a night. I imagine @Jacqueline1151 would like advice on where to price the flat within that range.
@Jacqueline1151 It's really impossible to say without seeing the listing. Prices will vary based not only on where it's located, but the size of the flat, the condition/decor and the amenities offered.
I suggest you look at prices for the most similar listings in the area, if there are any, and start off by pricing slightly lower than those. Once the listing has a few good reviews, you can up the rate.