The average property value in Barnet is £711,404 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Barnet grew by £50,503. Compare house prices by area
Average property prices in Barnet grew by 7.6% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.6% per year.
If prices in Barnet continue to rise by 4.6% a year, the average property price will be £850,593 in 2025.
There were 3,698 property sales in Barnet in the year ending June 2021, an increase of 711 when compared to the previous year.
The average price for a house in Barnet ranges from £648,842 for a terraced house to £1,526,454 for a detached house, with semi-detached in between costing on average £823,402.
The average price for a flat or maisonette in Barnet is £422,156.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Barnet, terraced house prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 26.8% from £1,204,013 to £1,526,454, semi-detached house prices have risen 57.9% from £521,383 to £823,402, terraced house prices have risen 70.5% from £380,529 to £648,842, and flat prices have risen 55.2% from £272,063 to £422,156.
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The most common type of property sold in Barnet during the year ending June 2021 was flats, which accounted for 37.8% of properties.
The least commonly available type of property sold in Barnet were detached houses, which account for 11.0% of properties sold.
Of the properties sold in Barnet during 2021, 4.8% were new build properties.
The average price paid for a new build property in Barnet was £223,089 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (89% of new build properties sold). For existing properties, the most common type is flats (34% of existing properties sold).
The most common price band for property sales in Barnet is £600k - £800k, which accounted for 14.3% of properties sold in 2021.
10.7% of properties in Barnet had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Barnet were in the £50k - £100k price bracket, accounting for 0.1% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics