Barnsbury

Good Residential Neighbourhood with a Village-like Feel

Area Guide For Barnsbury

Barnsbury, located west of Angel in the London Borough of Islington is a good residential neighbourhood with a calm, village-like atmosphere. While the neighbourhood itself is mainly quiet and slow, busy areas like Kings Cross are not as far as you might think. Angel itself isn't exactly cheap, and property prices in Barnsbury follow a similar trend. One thing you might want to consider is the presence of two prisons in the vicinity, but they don't really affect life in the area.

 
 

Tags

Family Friendly
Parks
Rail
Village-like

Overview

  • The Neighbors

    You'll mainly find townhouses in Barnsbury and while most streets here are quiet affairs, they're nice and clean.

  • Ideal for

    People looking for a calmer neighbourhood to settle in.

  • Deal Sealer

    Village-feel without actual isolation from Central London.

  • Not for

    People wanting a more active and upbeat neighbourhood.

  • You will Like

    Gastropubs and attractive squares.

Barnsbury Map

Estimated Price: £1,018,337
Average Asking Price: £793,655
Price change in last one year: £105,111
Average Price Paid: £724,090
Average Rent Rates: £2,372

 
 

Property Prices Breakdown in Barnsbury

Average Price for property in Barnsbury is around £1,018,337 which varies based on type of property you are interested in and ranges from £1,866,845 for detached house to around £1,960,927 for semi-detached. Similarly terraced house is around £1,708,747 and a flat is worth £637,090. Values have been changing and have risen £8,187 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,931 in last 6 months, £105,111 in last 1 year, £206,130 in last 2 years, £228,899 in last 3 years, £239,493 in last 4 years and £262,810 in last 5 years.

Currently average asking price of a property in Barnsbury is around £793,655 based on approximately 185 properties for sale. Same is the case with rental options based on 889 properties up for rent, average asking rent is around £2,372 per month.

Estimated property value in Barnsbury is £1,018,337. Average asking price is £793,655 while average price paid is £934,176 which is up by £105,111 and Avg. asking rent £2,372.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 Barnsbury area. In last 1 year alone average price buyer paid is around £934,176 based on approximately 185 sales in Barnsbury area alone. If you compare it to last 3 years sales of 585 properties where buyers paid around £824,202. 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 £724,090 for 1,105 and average amount paid for purchase of approx. 1,529 properties sold in last 7 years comes to about £673,473 per sale.

 
 

Properties For Sale in Barnsbury

 
 

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 £462,480, £724,279 for a 2 bedroom house, £1,344,521 for a 3 bedroom house, £1,551,131 for a 4 bedroom house and £2,202,777 for a 5 bedroom house. For a flat similarly the prices varies from £459,399 for a single bedroom to £686,982 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £866,742 and £1,000,000 for a 4 bedroom flat. To sum up the asking prices for properties in Barnsbury it comes to around average £459,679 for 1 bedroom property, £688,554 for 2 bedroom, £990,611 for 3 bedroom, £1,459,276 for 4 bedroom and £2,202,777 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 £1,362 for 1 bedroom to £2,824 for 2 bedrooms, £4,318 for 3 bedrooms, £5,261 for 4 bedrooms and £6,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,706. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,465, £3,368 for 3 bedroom, £3,055 for 4 bedroom and around £3,412 for 5 bedroom flat. You should be generally be expecting around average £1,690 rent per month for single bedroom property, £2,484 for 2 bedroom, £3,647 for 3 bedroom, £4,158 for 4 bedroom and approximately £4,442 for a 5 bedroom property in Barnsbury area.

Popular Houses in Barnsbury

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 Barnsbury

Sum it all up

 The Good

- Village-feel without being cut-off from the city
- Nearby parks
- Nice streets and squares
- Good variety of gastropubs

 Best For

- Mature families
- Retirees

 The Bad

- Can be expensive
- Tube stations are not in the immediate vicinity
- Two prisons nearby 

Transportation in Barnsbury

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