Area Guide For Barnet

High Barnet or Chipping Barnet is a place in the London Borough of Barnet, North London, England. It is a suburban development built around a twelfth-century settlement and is located 10 miles (16 km) north north-west of Charing Cross. Its name is often abbreviated to Barnet, which is also the name of the London borough of which it forms a part. Chipping Barnet is the name of the Parliamentary constituency covering the local area - the word "Chipping" denotes the presence of a market (one was established here in the thirteenth century and persists to this day). The town's name derives from an ancient settlement, recorded as Barneto c.1070, Barnet 1197, La Barnette 1248, that is 'the land cleared by burning', from Old English barnet, referring to the clearing of this once densely forested area in early times. This was the site of the Battle of Barnet in 1471 (more accurately, Hadley), where Yorkist troops led by King Edward IV killed the rebellious "Kingmaker" Richard Neville, Earl of Warwick and Warwick's brother, John Neville, 1st Marquess of Montagu. Barnet Hill is said to be the hill mentioned in the nursery rhyme "The Grand Old Duke of York". It is also the site of an ancient


Barnet Map

Estimated Price: £481,382
Average Asking Price: £972,067
Price change in last one year: £30,291
Average Price Paid: £405,643
Average Rent Rates: £2,056


Property Prices Breakdown in Barnet

Average Price for property in Barnet is around £481,382 which varies based on type of property you are interested in and ranges from £1,052,055 for detached house to around £496,116 for semi-detached. Similarly terraced house is around £378,362 and a flat is worth £256,831. Values have been changing and have risen £6,220 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,140 in last 6 months, £30,291 in last 1 year, £40,612 in last 2 years, £39,993 in last 3 years, £53,543 in last 4 years and £81,574 in last 5 years.

Currently average asking price of a property in Barnet is around £972,067 based on approximately 762 properties for sale. Same is the case with rental options based on 346 properties up for rent, average asking rent is around £2,056 per month.

Estimated property value in Barnet is £481,382. Average asking price is £972,067 while average price paid is £427,370 which is up by £30,291 and Avg. asking rent £2,056.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Barnet area. In last 1 year alone average price buyer paid is around £427,370 based on approximately 762 sales in Barnet area alone. If you compare it to last 3 years sales of 2,249 properties where buyers paid around £422,360. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £405,643 for 3,755 and average amount paid for purchase of approx. 762 properties sold in last 7 years comes to about £427,370 per sale.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Barnet

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