Barnet

Family-friendly Neighbourhood with a Variety of Property Choices

Area Guide For Barnet

The name Barnet comes from the Battle of Barnet, fought at this site in 1471, during War of the Roses, and it is a great family-friendly neighbourhood not too far from Central London. It offers a good variety in terms of housing, with both expensive and inexpensive properties, depending on which area you decide to look in. The oldest areas are near Hadley Green and there are several parks and a Common in the vicinity as well. The general feel of the neighbourhood is quite peaceful, with a village-like setting. Transportation links from the area are both good and bad, depending on what you need. While three airports are easily accessible, there is only one tube station and a lot of the times you will be using buses for getting around.

 
 

Tags

Family Friendly
Schools
Parks
Commons

Overview

  • The Neighbors

    Barnet has something for everyone - whether you are a millionaire or a young couple on a tight budget. You can easily find cottages, villas and even mansions, depending on your needs.

  • Ideal for

    People looking for a peaceful, countryside neighbourhood to settle in.

  • Deal Sealer

    Variety of property options in terms of prices.

  • Not for

    People who want a happening, urban neighbourhood.

  • You will Like

    Nearby commons, greenery, good schools and access to M11.

Barnet Map

Estimated Price: £628,235
Average Asking Price: £972,504
Price change in last one year: £60,743
Average Price Paid: £469,829
Average Rent Rates: £3,107

 
 

Property Prices Breakdown in Barnet

Average Price for property in Barnet is around £628,235 which varies based on type of property you are interested in and ranges from £1,122,553 for detached house to around £663,187 for semi-detached. Similarly terraced house is around £666,447 and a flat is worth £521,145. Values have been changing and have risen £3,773 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,389 in last 6 months, £60,743 in last 1 year, £113,422 in last 2 years, £135,760 in last 3 years, £139,037 in last 4 years and £143,893 in last 5 years.

Currently average asking price of a property in Barnet is around £972,504 based on approximately 79,996 properties for sale. Same is the case with rental options based on 60,969 properties up for rent, average asking rent is around £3,107 per month.

Estimated property value in Barnet is £628,235. Average asking price is £972,504 while average price paid is £544,272 which is up by £60,743 and Avg. asking rent £3,107.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 £544,272 based on approximately 79,996 sales in Barnet area alone. If you compare it to last 3 years sales of 246,243 properties where buyers paid around £495,926. 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 £469,829 for 397,473 and average amount paid for purchase of approx. 523,227 properties sold in last 7 years comes to about £447,181 per sale.

 
 

Properties For Sale in Barnet

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £422,320, £597,413 for a 2 bedroom house, £648,190 for a 3 bedroom house, £1,107,989 for a 4 bedroom house and £1,745,399 for a 5 bedroom house. For a flat similarly the prices varies from £480,052 for a single bedroom to £703,093 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,393,045, £2,851,039 for a 4 bedroom flat and £6,351,092 for a 5 bedroom flat. To sum up the asking prices for properties in Barnet it comes to around average £477,501 for 1 bedroom property, £690,299 for 2 bedroom, £969,074 for 3 bedroom, £1,337,721 for 4 bedroom and £2,018,342 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,508 for 1 bedroom to £2,739 for 2 bedrooms, £2,996 for 3 bedrooms, £4,386 for 4 bedrooms and £6,448 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,821. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,597, £4,718 for 3 bedroom, £7,797 for 4 bedroom and around £12,615 for 5 bedroom flat. You should be generally be expecting around average £1,791 rent per month for single bedroom property, £2,610 for 2 bedroom, £4,112 for 3 bedroom, £5,585 for 4 bedroom and approximately £7,686 for a 5 bedroom property in Barnet area.

Popular Houses in Barnet

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.

Sold Properties in Barnet

Sum it all up

 The Good

- Variety in property prices
- Lots of parks and fields nearby
- Access to Heathrow, Luton and Stansted airports
- Countryside setting
- Good schools

 Best For

- Mature families
- Retirees
- Couples looking for a relaxing neighbourhood

 The Bad

- Only one major tube station in the area
- Can be dull if you're used to highly urban neighbourhoods

Transportation in Barnet

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