Barnet Area Guide

Average 3 bedroom flat price

£348,000

London Underground Zone

5

Population

374,000

Points of interest

Brent Cross Shopping Centre
The Spires Shopping Centre
Brookman’s Park Golf Club
Hadley Wood Golf Club
High Barnet Underground
Hendon Central Underground

Other area guides

Hackney

Soho

Notting Hill

Fitzrovia

Hampstead

Kensington and Chelsea

Westminster

Camden

Barnet

Investor guides

Barnet is the fourth largest borough in London, and is the second most-populated with more than 374,0001 inhabitants. Located north of the capital, it sits at the top of the Northern Line, while bordering Hertfordshire, Harrow and Camden. Housing can be relatively expensive, with a number of high-profile footballers counted as residents.

Finchley Road, London

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Equity raised £4,045,980

Geography

Situated in North London, Barnet borders a total of six other boroughs and covers an area of 33 square miles.

The borough of Barnet itself is divided into five different areas; New Barnet, Mays Lane, Quinta Drive, Wood Street and High Barnet.

Housing

The cost of a home in Barnet can vary, but typically averages £613,000*2 (for a semi-detached property). Of course, more lavish, high-end properties designed for the rich and wealthy can cost significantly more.

Here is a breakdown of average housing prices, by number of bedrooms:2

Type of HouseBarnet averageUK average
Flat£348,000£177,000
Terraced£460,000£140,000
Semi-Detached£613,000£177,000
Detached£1,100,000£292,000


*The above statistics were found using the
Land Registry app. To use, simply type a UK area into the search bar (in this case ‘Barnet’), select ‘House Price Indices’ and then the type of property you want to determine the average price of.

Council tax rates will also vary, and the bands are displayed below:3

ABCDEFGH
£931£1,087£1,242£1,397£1,708£2,018£2,328£2,794

For families looking for a home relatively close to London, without the capital prices, Barnet represents a good opportunity.

The houses themselves are of different styles. A mixture of Victorian and Edwardian showcase the borough’s historical roots, while there are more modern developments scattered around.

As mentioned, there are properties in Barnet that cater to the wealthier individual.

Stars of North London football clubs such as Robbie Keane and Dennis Bergkamp have previously lived here, as did the likes of Amy Winehouse.4, 5

It’s certainly an attractive prospect for the rich and famous, as well as the typical family.

The people

Barnet is a relatively youthful area, with the largest age group being those who are under 20 years6. This is mainly due to the fact that many of the working professionals in Barnet have children, and are raising families.

Schools

Schools in the Barnet area are generally considered to be very good. Both state and public schools have a good reputation, which is one of the reasons Barnet is so appealing to families, and couples who are looking to start a family in the future.

Things to do in Barnet

There are a number of shopping centres, restaurants, pubs and other facilities in the area.

High Barnet is where you’ll find the town centre, as well as The Spires Shopping Centre. Here you’ll find your typical high-street with all the well-known brands.

The wider areas of Barnet also have their own restaurants and shops, popular amongst locals. Additionally there is the Brent Cross Shopping Centre.

Residents of Barnet are generally quite active, and therefore there are several gyms throughout the Borough. Other leisure facilities include Brookman’s Park Golf Club and Hadley Wood Golf Club.

Barnet FC used to be the local football team, but the side moved to Harrow in 2013.

The local council has pledged a commitment to developing new parks and open spaces, with a focus on making this already-“country town” even greener.7

Transport

The last stop on the Northern Line is based in High Barnet (Zone 5), from there you can travel to Leicester Square in just 40 minutes. There are also trains to King’s Cross and Moorgate from Hadley Wood (Zone 6), Oakleigh Park (Zone 4) and High Barnet (Zone 5).

Please note that there is no guaranteed return on your investment. You could lose 100% of your investment. Consult an independent financial advisor before investing through Cogress.

Sources

  1. http://data.london.gov.uk/dataset/ons-mid-year-population-estimates-custom-age-tables/resource/db983ee3-f311-4ae5-9648-46613470b1ef#
  2. http://landregistry.data.gov.uk/app/hpi
  3. https://www.barnet.gov.uk/citizen-home/council-tax-and-benefits/council-tax/council-tax-banding-and-valuation.html
  4. http://www.barnet4u.co.uk/Whos%20Who/whoswho.html
  5. https://www.your-move.co.uk/estate-agent/barnet/local-area-15
  6. http://www.rentonomy.com/london-areas/barnet
  7. https://www.barnet.gov.uk/citizen-home/parks-sport-and-leisure/parks-and-open-spaces.html

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