Local market reports › N area › N11 › N11 2
New Southgate market report N11 2, London
The N11 2 (New Southgate) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 4,019 registered sales in N11 2 (London) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical N11 2 (London) home changed hands for £612,500 in 2026 (median of 26 registered sales, up 0% on five years earlier), with the mean at £652,400, and by floor area homes here have averaged about £6,840 per square metre over the last five years. Source: 4,019 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like N11 2 is a single group of streets within N11 (London), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where N11 2 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 a home in N11 2 sells for
Across 26 registered 2026 sales, the typical (median) N11 2 home went for £612,500. The mean is £652,400, a little above it, the familiar pattern where pricier homes stretch the average.
House prices per square metre in N11 2
The last five years of sales put N11 2 at roughly £6,840 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
The national median for England and Wales is £285,000, which puts N11 2 115% above the country at large.
The price of a typical N11 2 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £612,500 | £612,500 | 26 |
| 2025 | £619,200 | £634,007 | 120 |
| 2024 | £664,000 | £705,968 | 104 |
| 2023 | £660,000 | £725,179 | 70 |
| 2022 | £656,000 | £769,235 | 92 |
| 2021 | £615,000 | £778,669 | 121 |
| 2020 | £538,500 | £698,715 | 80 |
| 2019 | £520,000 | £681,596 | 67 |
| 2018 | £625,000 | £833,137 | 79 |
| 2017 | £610,000 | £831,979 | 81 |
| 2016 | £520,000 | £727,485 | 94 |
| 2015 | £500,000 | £706,500 | 115 |
| 2014 | £427,700 | £606,767 | 119 |
| 2013 | £334,000 | £480,593 | 114 |
| 2012 | £333,000 | £490,134 | 107 |
| 2011 | £328,000 | £495,154 | 82 |
| 2010 | £306,200 | £480,200 | 98 |
| 2009 | £280,000 | £450,102 | 81 |
| 2008 | £250,000 | £409,803 | 151 |
| 2007 | £275,000 | £466,477 | 177 |
| 2006 | £275,000 | £477,365 | 166 |
| 2005 | £240,000 | £427,103 | 140 |
| 2004 | £245,000 | £444,968 | 165 |
| 2003 | £213,000 | £392,398 | 157 |
| 2002 | £200,000 | £376,298 | 203 |
| 2001 | £175,000 | £336,429 | 195 |
| 2000 | £155,000 | £304,188 | 153 |
| 1999 | £132,500 | £264,066 | 179 |
| 1998 | £103,500 | £208,922 | 174 |
| 1997 | £103,000 | £211,232 | 212 |
| 1996 | £85,000 | £179,261 | 147 |
| 1995 | £77,800 | £169,125 | 150 |
In cash terms the typical N11 2 home went from £77,800 in 1995 to £612,500 in 2026, roughly 8 times the price. Inflation explains only part of it: in today's money the rise is still about 262%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2018. The market now sits about 26% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the N11 2 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 2014 (+28.1% on the year before); the weakest, 2019 (−16.8%). 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) | −1.1% | −3.4% |
| 5 years (since 2021) | −0.1% | −4.7% |
| 10 years (since 2016) | +1.7% | −1.7% |
| 20 years (since 2006) | +4.1% | +1.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 26 sales completed in N11 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 170 sales a year before the financial crisis and 82 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
How N11 2 trades
This is a thin market: 26 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. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within N11, this sector trades 17% above the district median: one of the dearer corners of its district.
The rental side of N11 2
For renting purposes N11 2 sits in Haringey. The ONS average private rent there is £2,212 a month (May 2026). A one-bed averages £1,633 a month here and a four-or-more-bed £3,181, so size does most of the work in setting the rent.
Average monthly rent by size, Haringey
ONS Price Index of Private Rents, May 2026.
Set against the £612,500 median sold price, £2,212 a month is £26,544 a year, a gross yield of 4.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on N11 2 (New Southgate)
Is N11 2 (New Southgate) a good place to buy a house?
How much did a house sell for in N11 2 (New Southgate)?
Are property prices falling in N11 2 (New Southgate)?
What happens to N11 2 prices now?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 21% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in N11 now
This is what you could actually buy today: 112 homes currently on the market from 11 agents publishing to HomesIndex.
These cover the whole N11 district, not just N11 2: 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.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every N11 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in N
The Land Registry record, split by size: what each kind of home actually sold for across the N area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
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
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of N11, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| N11 1 | £525,000 | 29 |
| 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.
Thinking of selling in N11 2? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in N11 2, use the average prices map for a rough value: zoom from N11 2's shading down to the sold homes on your own street. The figures above are every recorded N11 2 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim N11 2.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about N11 2. Free, with a one click sign in.
See every individual N11 2 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.