Key indicators for buyers
The N2 market is moderately favourable for buyers. Prices have softened (-37.2%), 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Barnet price of £675,500 with a 25% deposit (£169k), a 2-year fixed mortgage at 3.97% costs around £2,666 per month.
Monthly cost comparison based on current data
Uses N2 avg. price with Barnet rental data
Monthly mortgage payments (£2,666) are £740 more than renting (£1,926). However, buying requires an upfront deposit of £169k — it would take around 16 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
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 |
42, BRIM HILL N2 0HG | Semi-detached | £1,555,000 | 16 Jan 2026 |
109, OSSULTON WAY N2 0JS | Flat/Maisonette | £310,000 | 7 Jan 2026 |
FLAT 4, BEVERLEY COURT, 12, WESTERN ROAD N2 9HX | Flat/Maisonette | £600,000 | 23 Dec 2025 |
63, DEANERY CLOSE N2 8NT | Flat/Maisonette | £319,950 | 15 Dec 2025 |
FLAT 43, STOKES COURT, DIPLOMA AVENUE N2 8NX | 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.
The average property in N2 sold for £675,500 in 2026, with a median of £437,500 across 4 transactions. Prices fell 37.2% compared to the previous year.
| £199,000 |
| 15 Dec 2025 |
FLAT 43, MULBERRY COURT, BEDFORD ROAD N2 9DZ | Flat/Maisonette | £312,000 | 12 Dec 2025 |
16, LUCAS GARDENS N2 8HJ | Flat/Maisonette | £274,000 | 11 Dec 2025 |
52, TRINITY ROAD N2 8JJ | Flat/Maisonette | £550,000 | 11 Dec 2025 |
21, NEALE CLOSE N2 0LE | Flat/Maisonette | £405,000 | 8 Dec 2025 |
FLAT 2, 14, TAUNTON DRIVE N2 8JD | Flat/Maisonette | £207,500 | 5 Dec 2025 |
1, TALBOT AVENUE N2 0LS | Semi-detached | £1,646,000 | 5 Dec 2025 |
5, CEDAR DRIVE N2 0PS | Flat/Maisonette | £560,000 | 5 Dec 2025 |
38A, FORTIS GREEN N2 9EL | Terraced | £328,000 | 5 Dec 2025 |
FLAT 5, BROOMFIELD COURT, 2, BEAUMONT CLOSE N2 0GA | Flat/Maisonette | £2,650,000 | 1 Dec 2025 |
3, OAK RIDGE DRIVE N2 8DF | Flat/Maisonette | £275,000 | 28 Nov 2025 |
16, CHURCH MOUNT N2 0RP | Detached | £4,030,000 | 28 Nov 2025 |
FLAT 17, WESTSIDE, 68, FORTIS GREEN N2 9ES | Flat/Maisonette | £835,000 | 28 Nov 2025 |
FLAT 8, REW LODGE, CHURCH LANE N2 8HE | Flat/Maisonette | £310,000 | 28 Nov 2025 |
The most recent recorded sale in N2 was a flat/maisonette property on New Ash Close for £272,000 in January 2026. Across the last 20 sales, the median price was £405,000.