Average Price for property in Somerset Road, New Barnet, Barnet, EN5 is around £402,970 which varies based on type of property you are interested in and ranges from £743,200 for detached house to around £718,178 for semi-detached. Similarly terraced house is around £589,778 and a flat is worth £326,514. Values have been changing and have risen £3,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,207 in last 6 months, £38,995 in last 1 year, £64,034 in last 2 years, £79,218 in last 3 years, £78,859 in last 4 years and £79,626 in last 5 years.
Currently average asking price of a property in Somerset Road, New Barnet, Barnet, EN5 is around £747,703 based on approximately 10 properties for sale. Same is the case with rental options based on 135 properties up for rent, average asking rent is around £2,400 per month.
Estimated property value in Somerset Road, New Barnet, Barnet, EN5 is £402,970. Average asking price is £747,703 while average price paid is £286,340 which is up by £38,995 and Avg. asking rent £2,400.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 Somerset Road, New Barnet, Barnet, EN5 area. In last 1 year alone average price buyer paid is around £286,340 based on approximately 10 sales in Somerset Road, New Barnet, Barnet, EN5 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £309,022. 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 £303,112 for 33 and average amount paid for purchase of approx. 49 properties sold in last 7 years comes to about £306,065 per sale.