Average Price for property in Barnet (London Borough) is around £591,039 which varies based on type of property you are interested in and ranges from £1,343,184 for detached house to around £666,664 for semi-detached. Similarly terraced house is around £500,039 and a flat is worth £360,753. Values have been changing and have risen £736 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,221 in last 6 months, £32,112 in last 1 year, £93,117 in last 2 years, £103,389 in last 3 years, £108,308 in last 4 years and £108,659 in last 5 years.
Currently average asking price of a property in Barnet (London Borough) is around £962,324 based on approximately 4,461 properties for sale. Same is the case with rental options based on 2,805 properties up for rent, average asking rent is around £2,389 per month.
Estimated property value in Barnet (London Borough) is £591,039. Average asking price is £962,324 while average price paid is £529,027 which is up by £32,112 and Avg. asking rent £2,389.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 (London Borough) area. In last 1 year alone average price buyer paid is around £529,027 based on approximately 4,461 sales in Barnet (London Borough) area alone. If you compare it to last 3 years sales of 14,018 properties where buyers paid around £488,103. 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 £461,362 for 23,030 and average amount paid for purchase of approx. 4,461 properties sold in last 7 years comes to about £529,027 per sale.