Market outlook for N20
Key indicators for buyers
The N20 market is moderately favourable for buyers. Prices have softened (-50.5%), 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
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 £409,000 with a 25% deposit (£102k), a 2-year fixed mortgage at 3.97% costs around £1,614 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses N20 avg. price with Barnet rental data
Monthly mortgage payments (£1,614) are £312 less than renting (£1,926). However, buying requires an upfront deposit of £102k — it would take around 7 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 |
|---|---|---|---|
15, FOXLEY MEWS N20 0FQ | Terraced | £628,000 | 16 Jan 2026 |
1465, HIGH ROAD N20 9PH | Flat/Maisonette | £325,000 | 16 Jan 2026 |
FLAT 6, PRESTIGE HOUSE, 3, ACTON WALK N20 9BF | Flat/Maisonette | £507,000 | 14 Jan 2026 |
FLAT 6, WOLFSON COURT, 4, MAGDALENE GARDENS N20 0AF | Flat/Maisonette | £365,000 | 14 Jan 2026 |
FLAT 36, WESTON COURT, FARNHAM CLOSE N20 9PQ | Flat/Maisonette | £220,000 | 6 Jan 2026 |
391, OAKLEIGH ROAD NORTH N20 0RS | Terraced | £600,000 | 18 Dec 2025 |
FLAT 3, NORTHWAY HOUSE, 4, ACTON WALK N20 9BL |
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.