Local market reports › N area › N11 › N11 1
New Southgate market report N11 1, London
The N11 1 (New Southgate) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 3,696 HM Land Registry entries for N11 1 (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in N11 1 (London) came in at £525,000, out of 29 registered, up 13% on five years earlier, and the mean stands at £493,200, and by floor area homes here have averaged about £6,120 per square metre over the last five years. The record behind it is 3,696 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
N11 1 is a postcode sector: one group of streets inside N11 (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where N11 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in N11 1
The 2026 median for N11 1 is £525,000, taken from 29 registered sales. The mean, which is what most sites call the "average house price", is £493,200, beneath it, usually the sign of a batch of very cheap recorded transfers pulling the average lower.
What a square metre costs in N11 1
By floor space, homes in N11 1 have sold for about £6,120 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts N11 1 84% above the country at large.
A typical N11 1 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £525,000 | £525,000 | 29 |
| 2025 | £530,000 | £542,674 | 72 |
| 2024 | £505,000 | £536,919 | 65 |
| 2023 | £525,000 | £576,847 | 67 |
| 2022 | £480,000 | £562,855 | 93 |
| 2021 | £465,000 | £588,750 | 153 |
| 2020 | £440,000 | £570,909 | 144 |
| 2019 | £452,500 | £593,119 | 53 |
| 2018 | £450,000 | £599,858 | 97 |
| 2017 | £470,000 | £641,033 | 71 |
| 2016 | £437,500 | £612,067 | 84 |
| 2015 | £385,000 | £544,005 | 126 |
| 2014 | £349,000 | £495,117 | 94 |
| 2013 | £282,500 | £406,489 | 100 |
| 2012 | £276,000 | £406,238 | 86 |
| 2011 | £275,000 | £415,144 | 81 |
| 2010 | £247,500 | £388,144 | 79 |
| 2009 | £225,000 | £361,689 | 69 |
| 2008 | £250,000 | £409,803 | 80 |
| 2007 | £265,000 | £449,514 | 159 |
| 2006 | £229,800 | £398,903 | 150 |
| 2005 | £220,000 | £391,511 | 147 |
| 2004 | £215,000 | £390,482 | 170 |
| 2003 | £190,000 | £350,026 | 139 |
| 2002 | £165,000 | £310,446 | 186 |
| 2001 | £149,900 | £288,175 | 200 |
| 2000 | £125,000 | £245,313 | 152 |
| 1999 | £103,500 | £206,270 | 161 |
| 1998 | £95,000 | £191,764 | 168 |
| 1997 | £76,000 | £155,861 | 159 |
| 1996 | £67,500 | £142,354 | 147 |
| 1995 | £70,000 | £152,169 | 115 |
In cash terms the typical N11 1 home went from £70,000 in 1995 to £525,000 in 2026, roughly 8 times the price. Even after inflation that is a real rise of about 245%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2017. The market now sits about 18% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the N11 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1998 (+25.0% on the year before); the weakest, 2009 (−10.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −0.9% | −3.3% |
| 5 years (since 2021) | +2.5% | −2.3% |
| 10 years (since 2016) | +1.8% | −1.5% |
| 20 years (since 2006) | +4.2% | +1.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in N11 1
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
N11 1 recorded 29 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 163 sales a year before the financial crisis and 65 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around N11 1
N11 1 falls under Barnet, where the ONS puts the average private rent at £1,934 a month (May 2026 figures). A one-bed averages £1,487 a month here and a four-or-more-bed £3,174, so size does most of the work in setting the rent.
Average monthly rent by size, Barnet
ONS Price Index of Private Rents, May 2026.
£1,934 a month is £23,208 a year, which against the £525,000 median sold price makes a gross yield of 4.4%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
The shape of the N11 1 market
This is a thin market: 29 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
What people ask about N11 1 (New Southgate)
How much did a house sell for in N11 1 (New Southgate)?
Are property prices falling in N11 1 (New Southgate)?
Is N11 1 (New Southgate) a good place to buy a house?
What people search before landing on N11 1 (New Southgate)
A lot of searches that reach this page are full postcodes, N11 1AX among them. A full postcode is a street segment of a dozen or so homes, below even sector level; the medians on this page are the context, and the live map shows every recorded sale at those exact addresses.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
Where do N11 1 prices go next?
That question has no honest answer, only evidence. The evidence: the median is up 13% over five years in cash but down 11% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in N11 today
The live side of the market holds 112 homes at the moment, listed by 11 agents publishing to HomesIndex.
These cover the whole N11 district, not just N11 1: live asking prices are collected per district.
17% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every N11 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in N
What homes of each size actually sold for across the N area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | — | £950,000 | £1,445,000 (+52%) | £2,200,000 (+52%) |
| Semi-detached | £430,000 | £535,000 (+24%) | £755,000 (+41%) | £990,000 (+31%) | £1,375,000 (+39%) |
| Terraced | £472,750 | £513,250 (+9%) | £670,500 (+31%) | £1,005,750 (+50%) | £1,607,500 (+60%) |
| Flat | £405,000 | £542,500 (+34%) | £785,567 (+45%) | £1,211,250 (+54%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the N area is the point: the same five years treated these districts very differently.
Winners and losers across the N area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in N11
A few minutes' walk can separate two very different markets. Here are N11's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| N11 2 | £612,500 | 26 |
| N11 3 | £376,800 | 24 |
Zoom out to the full N11 district report for the type split, monthly volumes and how N11 compares with its neighbours.
Selling in N11 1? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at N11 1's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim N11 1.
Go deeper
Behind the answers sits the same Land Registry record as this page, with N11 1 already set as the subject. Free, one click sign in.
See every individual N11 1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.