Pay vs Place

Barnet: what a home costs and what you need to earn

London. House prices are based on 2,423 sales over the last 12 months.

Buying a home
Very expensive
A typical home costs 12.4× median full-time pay
Renting a home
Very expensive
Average rent takes 50% of median pay
Recorded crime
About average
67.8 per 1,000 residents (England and Wales: 81.3)

How we rate: buying compares the typical home price with median pay (under 5× affordable, 5 to 8× fairly affordable, 8 to 11× expensive, over 11× very expensive). Renting compares a year of average rent with median pay (under 25% affordable, 25 to 33% fairly affordable, 33 to 40% expensive, over 40% very expensive). Crime compares the rate per resident with the England and Wales average.

Median full-time pay
£47,141
Gross a year, people living in Barnet
Terraced house price ÷ pay
13.4×
A typical terraced house costs this many years of median pay
Renting a terraced house
57%
of median gross pay goes on rent (£2,231 a month)

What the numbers say about Barnet

Across all property types, the typical home sold in Barnet over the past year cost £585,000, which is 12.4× median full-time pay. Measured against pay, Barnet is the 13th most expensive of 316 areas for buying; the typical area is 7.6×. Within London it is the 9th most expensive of 32 areas.

For a terraced house at £630,000, a lender would typically look for an income of around £126,000, and the 10% deposit would be £63,000, about 16 months of median gross pay. Median full-time pay here is £47,141, 37% of the income needed, so on these assumptions even two median incomes would fall short of the test.

Renting a terraced house costs about £2,231 a month, which is 57% of median gross pay. Across all property types the average rent is £1,949 a month. Measured against pay, it is the 27th most expensive of 316 areas for renting. Rents rose 3.3% over the latest year ONS measured, slower than the typical area (3.9%).

Median full-time pay of £47,141 is the 30th highest of 316 areas; the typical area is £38,328. This is pay for people who live in Barnet, wherever they work.

Police recorded 67.8 crimes per 1,000 residents in the year, which is 17% below average for England and Wales (81.3). That makes it around the middle of 310 areas (174th highest) for recorded crime per resident. The category furthest above average is residential burglary (79% above). The category furthest below average is sexual offences (40% below).

Buying

Property type Sales Median price Price ÷ pay Deposit (10%) Income typically needed
Detached 240 £1,196,250 25.4× £119,500 £239,500
Semi-detached 715 £805,000 17.1× £80,500 £161,000
Terraced 465 £630,000 13.4× £63,000 £126,000
Flat 1,003 £380,000 8.1× £38,000 £76,000

Renting

Property type Average rent a month Rent a year Share of median pay
Detached £3,018 £36,216 77%
Semi-detached £2,572 £30,864 65%
Terraced £2,231 £26,772 57%
Flat £1,738 £20,856 44%
Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Pay is the median for full-time employees living in Barnet, before tax, and rents are the ONS average for the area. Property types with fewer than 100 sales in the last 12 months are left out.

How prices in Barnet have changed

Average house price for all property types, by year. The last point is the latest 12 months.

Average house price in Barnet, 1995 to July 2026Average price rose from £97,365 in 1995 to £594,641 now.£0£200k£400k£600k£800k1995200020052010201520202025£594,641Average house price in Barnet, 1995 to July 2026Average price rose from £97,365 in 1995 to £594,641 now.£0£200k£400k£600k£800k200020102020£594,641
Show the figures
YearAverage price
1995£97,365
1996£99,707
1997£113,372
1998£129,788
1999£144,261
2000£178,149
2001£196,829
2002£234,147
2003£266,464
2004£288,358
2005£296,425
2006£309,024
2007£346,762
2008£350,058
2009£317,261
2010£353,352
2011£359,557
2012£380,399
2013£397,522
2014£456,490
2015£507,748
2016£557,868
2017£570,959
2018£565,587
2019£552,940
2020£557,675
2021£589,478
2022£631,641
2023£623,843
2024£618,556
2025£610,893
12 months to July 2026£594,641

The average home price in Barnet was £557,868 in 2016 and £594,641 in the 12 months to July 2026, a rise of 7% over ten years. The typical area of England and Wales saw a rise of 36%. That makes Barnet the 10th slowest-rising of 316 areas for ten-year price growth.

Going back to 2005, the average price has moved from £296,425 to £594,641, which is 2.0 times as much (the typical area: 1.8 times).

Prices fell 9% after the 2008 financial crisis, from £350,058 in 2008 to £317,261 in 2009. They did not get back to their 2008 level until 2010.

Prices are cash figures, not adjusted for inflation, and come from the HM Land Registry UK House Price Index, which uses a different method from the median prices above, so the two will not match exactly.

Buying a home against local pay, over time

Average house price divided by median full-time pay, in 2005, 2010, 2015, 2020 and 2025. A higher number means homes are harder to afford.

Barnet: 13.0 years of payTypical area in England and Wales: 7.5 years of pay
Years of median pay needed to buy the average home in Barnet, 2005 to 2025Rose from 10.0 to 13.0 years of pay.0×5×10×15×20×20052010201520202025Years of median pay needed to buy the average home in Barnet, 2005 to 2025Rose from 10.0 to 13.0 years of pay.0×5×10×15×20×20052010201520202025
Show the figures
YearBarnetTypical area in England and Wales
200510.0 years of pay7.0 years of pay
201010.8 years of pay6.5 years of pay
201515.4 years of pay7.1 years of pay
202015.3 years of pay7.8 years of pay
202513.0 years of pay7.5 years of pay

In 2005 the average home in Barnet cost 10.0 years of median full-time pay. By 2025 it cost 13.0 years, so homes have become harder to afford relative to local pay.

Homes were hardest to afford in 2015, at 15.4 years of pay. It has eased since.

Between 2005 and 2025, median pay in Barnet rose 59% (from £29,567 to £47,141), while the average house price rose 106%.

The typical area of England and Wales needed 7.5 years of pay in 2025, so Barnet is above the typical area.

Pay is the ONS Annual Survey of Hours and Earnings, median for full-time employees living in the area, before tax, in cash terms (not adjusted for inflation). The 2025 figure is provisional. Where ONS withheld a figure because it was unreliable, or the council did not exist in its current form, that year is left out.

How rents in Barnet have changed

Average monthly rent for all property types, by year. The last point is the latest month.

Average monthly rent in Barnet, 2015 to August 2026Average rent rose from £1,380 a month in 2015 to £1,949 now.£0£500£1,000£1,500£2,000201620182020202220242026£1,949Average monthly rent in Barnet, 2015 to August 2026Average rent rose from £1,380 a month in 2015 to £1,949 now.£0£500£1,000£1,500£2,000201520202025£1,949
Show the figures
YearAverage rent
2015£1,380 a month
2016£1,451 a month
2017£1,462 a month
2018£1,451 a month
2019£1,463 a month
2020£1,479 a month
2021£1,471 a month
2022£1,514 a month
2023£1,636 a month
2024£1,752 a month
2025£1,872 a month
August 2026£1,949 a month

The average rent in Barnet was £1,380 a month in 2015 and £1,949 in August 2026, a rise of 41%. The typical area of England and Wales saw a rise of 52%. That makes Barnet the 35th slowest-rising of 316 areas for rent growth since 2015.

Over the same period the average house price rose 17%. Rents have risen faster than house prices here, by 24 percentage points.

Rent figures are from the ONS Price Index of Private Rents and are cash figures, not adjusted for inflation.

Crime

Police recorded crime in the year ending March 2026, per 1,000 residents, against the average for the areas of England and Wales covered here.

Type of crime Per 1,000 residents England and Wales average Compared with average Change on a year earlier
All recorded crime (excluding fraud) 67.8 81.3 17% below average −5%
Violence against the person 19.4 31.0 37% below average +5%
Sexual offences 2.0 3.4 40% below average +6%
Robbery 1.9 1.4 43% above average +3%
Residential burglary (per 1,000 households) 11.0 6.2 79% above average −13%
Vehicle offences 8.4 4.9 72% above average −22%
Theft from the person 2.2 1.6 33% above average −18%
Criminal damage and arson 4.4 7.1 37% below average −6%

Recorded crime in Barnet was 71.3 per 1,000 residents in the year ending March 2025 and 67.8 in the year ending March 2026, down 5%. Across England and Wales it was down 4%.

Violence against the person was up 5% over the same year.

Changes are left blank where the rate is very low, as a few extra crimes would look like a big swing. This is one year's change only, so it can reflect one-off events or changes in how police record crime, not just a real trend. Rates per resident use ONS population estimates for each year.

Rates use the resident population, so areas with many daytime visitors, students or a busy night-time economy, such as city centres, show higher crime per resident than residents experience. Recorded crime also depends on how likely crimes are to be reported and how police record them. Residential burglary is per 1,000 households. Robbery and theft from the person are concentrated in a few city centres, so most areas sit well below the national average for them.

Compare Barnet with another area