Barnet

Data from Land Registry, ONS, Bank of England

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Avg. price

£588,123

↓ -4.2% YoY

Affordability

14.86x

↓ price-to-earnings

Avg. rent

£1926/mo

↑ +5.8% YoY

Market outlook for Barnet

Key indicators for buyers

Prices falling-4.2% YoYPotential buying opportunity

Very stretched14.9xImproving from 17.3x in 2022

Rates favourable3.97%2yr fixed, 75% LTV

Market quiet-6% YoYLess competition

Rents rising fast+5.8% YoYWaiting costs more (£1,926/mo)

The Barnet market is moderately favourable for buyers. Prices have softened (-4.2%), which could present a buying opportunity. Affordability has improved from a peak of 17.3x in 2022 to 14.9x today. Rising rents (£1,926/mo, +5.8%) mean the cost of waiting is real.

Price trends

Average sale prices · HM Land Registry / UK HPI

£588,123

↓ -4.2% YoY

Affordability ratio

House price ÷ median earnings · ONS data

14.86x

price-to-earnings

A home in Barnet costs 14.9x the local median salary — very stretched, improving from a peak of 17.3x in 2022.

Rental trends

Average monthly rent · ONS Private Rental Index

£1926/mo

↑ +5.8% YoY

Average monthly rent in Barnet is £1,926, up 5.8% year-on-year. Rents have risen consistently over the past five years.

Monthly mortgage

2yr fixed · 75% LTV · 25yr term · BoE avg. rate

£2,321

per month at 3.97%

LTV

Term

Deposit (25%)

£147k

Stamp duty

£17k

Based on the average Barnet price of £588,123 with a 25% deposit (£147k), a 2-year fixed mortgage at 3.97% costs around £2,321 per month.

Rent vs buy snapshot

Monthly cost comparison based on current data

Renting

£1,926

per month

0% equity built

Buying (mortgage)

£2,321

per month

£395 more than renting

Breakeven

12yr

to recoup deposit

vs renting + investing

Monthly mortgage payments (£2,321) are £395 more than renting (£1,926). However, buying requires an upfront deposit of £147k — it would take around 12 years to recoup that cost compared to renting and investing the difference.

Recent sales

Latest transactions · HM Land Registry Price Paid Data

Address	Type	Price	Date
49, GREENWAY CLOSE N11 3NS	Flat/Maisonette	£115,000	27 Jan 2026
FLAT 3, TURVIN COURT, 2A, HIGHWOOD AVENUE N12 8QP	Flat/Maisonette	£435,000	26 Jan 2026
70, RICHMOND ROAD, NEW BARNET EN5 1SE	Semi-detached	£940,000	23 Jan 2026
FLAT 63, CLAREMONT HOUSE, 14, AERODROME ROAD NW9 5NW	Flat/Maisonette	£395,000	22 Jan 2026
17, NEW ASH CLOSE N2 8DQ	Flat/Maisonette	£272,000	21 Jan 2026
107, LESLIE ROAD, EAST FINCHLEY N2 8BH	Flat/Maisonette	£565,000	21 Jan 2026
FLAT 4, ALDWICK COURT, SONIA GARDENS N12 8BB

Explore postcodes in Barnet

12postcode districts · Click for detailed prices

Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions