Barnet house prices are falling while England’s are rising
The borough average is £590,583, down 4.3% on the year — a steeper fall than London as a whole.
The official measure of house prices is the UK House Price Index, built from Land Registry data. It runs about two months behind, so the latest figures cover May 2026.
The figures
Barnet among boroughs where half of new two‑bedroom homes affordable to young earners
Average inner‑London room rent is £979 a month and 12% of renters are under 25, while Barnet is one of 13 boroughs where at least half of new two‑bedroom homes are affordable to two average young earners.
The Barnet average across all property types was £590,583, down 4.3% over the year. Detached homes averaged £1,540,509, semi-detached £831,097, terraced £623,216, and flats and maisonettes £368,845. First-time buyers paid an average of £463,534.
Barnet against the country
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Draft London Plan designates areas for development between 2028 and 2037, prioritising transport links.
The comparison is the story. England as a whole rose 2.3% over the year to May 2026, to an average of £292,095. London fell 3.7%, to £544,814. Barnet fell further than London, at 4.3%.
Barnet remains well above both averages in cash terms — a Barnet home costs roughly twice the England average — but the direction of travel is the opposite of the country’s.
Fewer sales, too
Volumes have come down markedly. The most recent published figure is 172 sales in March 2026, against 240 in May 2025. Fewer transactions also make the price figures less stable, because each sale carries more weight in the average.
What the index actually measures
One caveat that matters when reading any local house price figure. The index average is not the mean of what sold; it is the output of a statistical model that adjusts for the mix of property types, so it estimates what a typical home is worth rather than what people paid.
Recent months are also provisional, based on around 40% of transactions, and local authority figures are more volatile than national ones. A single month’s movement in one borough should not be read as a trend. The June figures publish on 19 August.
Questions this report answers
+What is the average house price in Barnet?
£590,583 in May 2026 across all property types, down 4.3% over the year. Detached homes averaged £1,540,509, semi-detached £831,097, terraced £623,216 and flats £368,845.
+Are Barnet house prices going down?
Yes, on the latest official figures. Barnet fell 4.3% in the year to May 2026, a steeper fall than London’s 3.7%, while England as a whole rose 2.3%.
+How much do first-time buyers pay in Barnet?
An average of £463,534 in May 2026.
Barnet Press News Desk
This article was written at the Barnet Press news desk from the reporting of the outlets listed below it. Drafting is done by a language model under human editorial supervision — there is no reporter behind this byline, and we would rather say so than invent one.
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