Friern Barnet House Prices Friern Barnet House Prices

The average house price in Friern Barnet is £621,322 using HM Land Registry data.

The average property price increased by £172,434 (36.89%) over the last 5 years and increased by £34,463 (5.69%) over the last 12 months.

Over the last year, there were 115 residential property sales – a decrease of 57 transactions (-49.57%) relative to the previous year. The majority of house sales (35) were in the £330,000 - £454,000 range. Then came properties in the £454,000 - £578,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-38,551 (-3%).

In April 2024, there were 41 new estate agency instructions, 14 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in Friern Barnet

36.89%

Property prices in Friern Barnet increased by 36.89% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Friern Barnet Over the Last Year

5.69%

Property prices in Friern Barnet increased by 5.69% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Friern Barnet - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Friern Barnet

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Friern Barnet

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Friern Barnet

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Friern Barnet since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Friern Barnet area since 1995.

Recent Property Sales in Friern Barnet

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
295 Oakleigh Road North, London, Greater London, N20 0DP£400,000£385,000-£15,00004 Jul 202301 Mar 2024241 Days
1 Alma Road, London, Greater London, N10 2NG£850,000£800,000-£50,00023 Sep 202331 Jan 2024130 Days
234a, Sydney Road, London, Greater London, N10 2RS£350,000£350,000£0008 Sep 202322 Jan 2024136 Days
7 Hornbeams Rise, London, Greater London, N11 3PB£645,000£630,000-£15,00012 Sep 202322 Jan 2024132 Days
61 Parkhurst Road, London, Greater London, N11 3EN£950,000£935,000-£15,00005 Jun 202321 Dec 2023199 Days
3 Martock Gardens, London, Greater London, N11 3GH£475,000£449,500-£25,50006 Jun 202321 Dec 2023198 Days
13 Newton Avenue, London, Greater London, N10 2NB£900,000£885,000-£15,00026 Jul 202315 Dec 2023142 Days
69a, Beaconsfield Road, London, Greater London, N11 3AA£375,000£370,000-£5,00014 Mar 202313 Dec 2023274 Days
48 George Crescent, London, Greater London, N10 1AN£675,000£655,000-£20,00010 Aug 202308 Dec 2023120 Days
12 Ferncroft Avenue, London, Greater London, N12 0LN£650,000£630,000-£20,00027 Apr 202308 Dec 2023225 Days
78 Wilton Road, London, Greater London, N10 1LT£1,450,000£1,380,000-£70,00020 Nov 202320 Nov 20230 Days
9 East Crescent, London, Greater London, N11 3AR£575,000£567,500-£7,50002 Aug 202310 Nov 2023100 Days
24 Haldane Close, London, Greater London, N10 2PB£275,000£247,500-£27,50026 Jun 202308 Nov 2023135 Days
2 Gresham Avenue, London, Greater London, N20 0XL£850,000£841,355-£8,64514 Jul 202302 Nov 2023111 Days
32 The Crescent, Friern Barnet, London, Greater London, N11 3HH£950,000£910,000-£40,00001 Jun 202331 Oct 2023152 Days
10 Holly Park Road, London, Greater London, N11 3HD£435,000£430,000-£5,00027 Mar 202331 Oct 2023218 Days
8 The Ridgeway, London, Greater London, N11 3LJ£750,000£705,000-£45,00028 Mar 202309 Oct 2023195 Days
26 Hornbeams Rise, London, Greater London, N11 3PB£475,000£470,000-£5,00030 May 202329 Sep 2023122 Days
61 Manor Drive, London, Greater London, N20 0DT£1,150,000£1,020,000-£130,00024 Apr 202329 Sep 2023158 Days
47 Manor Drive, London, Greater London, N20 0DZ£1,295,000£1,250,000-£45,00024 Mar 202329 Sep 2023189 Days

Most Expensive Streets in Friern Barnet

PostcodeStreetAreaAverageNo. of Sales
N10 1HGSutton RoadLondon£1,234,4556
N10 1LSWilton RoadLondon£1,005,3005
N10 1HJSutton RoadLondon£958,3874
N11 3HNThe CrescentFriern Barnet£947,5003
N10 2LRSydney RoadLondon£946,0005
N11 3LRHemington AvenueLondon£937,3754
N20 0DTManor DriveLondon£924,5004
N20 0XPPark WayLondon£924,5004
N20 0XLGresham AvenueLondon£922,3367
N11 3LACrescent RoadLondon£880,0004

Least Expensive Streets in Friern Barnet

PostcodeStreetAreaAverageNo. of Sales
N10 2LLCambridge GardensLondon£189,0003
N10 2PPStrode CloseLondon£246,0003
N11 3NXPoplar GroveLondon£255,0004
N11 3NRLaburnum CloseLondon£257,7504
N11 3NTGreenway CloseLondon£274,0814
N20 0RTOakleigh CloseLondon£278,8333
N10 2LNCambridge GardensLondon£280,4287
N10 2LWCambridge GardensLondon£287,8005
N11 3NNLarch CloseLondon£297,6005
N11 3NLPoplar GroveLondon£302,4874

Explore Friern Barnet and Neighbouring Area House Prices