Market outlook for NW7
Key indicators for buyers
The NW7 market presents a mixed picture for buyers. Prices are rising at 34.8%, 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 £1,016,600 with a 25% deposit (£254k), a 2-year fixed mortgage at 3.97% costs around £4,012 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NW7 avg. price with Barnet rental data
Monthly mortgage payments (£4,012) are £2,086 more than renting (£1,926). However, buying requires an upfront deposit of £254k — it would take around 66 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 |
|---|---|---|---|
FLAT 17, BARLEY HOUSE, 2, PEACOCK CLOSE NW7 1LD | Flat/Maisonette | £475,000 | 19 Jan 2026 |
171, HOLDERS HILL ROAD NW7 1ND | Semi-detached | £773,000 | 16 Jan 2026 |
87, LONGFIELD AVENUE NW7 2SA | Semi-detached | £490,000 | 16 Jan 2026 |
APARTMENT 16, 18, EXPLORER WAY NW7 1UQ | Flat/Maisonette | £394,000 | 15 Jan 2026 |
30, UPHILL ROAD NW7 4RB | Detached | £4,789,000 | 15 Jan 2026 |
7, KATHERINE CLOSE NW7 1DA | Detached | £865,000 | 9 Jan 2026 |
6, HOLDERS HILL PARADE NW7 1LY | Other |
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.