Market outlook for EN5
Key indicators for buyers
The EN5 market presents a mixed picture for buyers. Prices are rising at 5.5%, which may favour acting sooner rather than later. 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
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Barnet area
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
Rental data shown for wider Barnet area
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
Based on the average Barnet price of £715,000 with a 25% deposit (£179k), a 2-year fixed mortgage at 3.97% costs around £2,822 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses EN5 avg. price with Barnet rental data
Monthly mortgage payments (£2,822) are £896 more than renting (£1,926). However, buying requires an upfront deposit of £179k — it would take around 19 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 |
|---|---|---|---|
70, RICHMOND ROAD, NEW BARNET EN5 1SE | Semi-detached | £940,000 | 23 Jan 2026 |
86, GRASVENOR AVENUE EN5 2DB | Semi-detached | £775,000 | 21 Jan 2026 |
8, QUEENS ROAD EN5 4DG | Semi-detached | £950,000 | 19 Jan 2026 |
51, GALDANA AVENUE EN5 5JT | Flat/Maisonette | £315,000 | 19 Jan 2026 |
131, FITZJOHN AVENUE EN5 2HR | Semi-detached | £785,000 | 12 Jan 2026 |
81, HADLEY HIGHSTONE EN5 4QQ | Terraced | £525,000 | 9 Jan 2026 |
FLAT 5, DELPHI HOUSE, 4, HERA AVENUE EN5 2FQ | Flat/Maisonette |
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
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.