Local market reports › N area › N11 › N11 3
New Southgate market report N11 3, London
The standing N11 3 (New Southgate) property market report, rebuilt from the full public record every month. Underneath every chart here sit 5,323 registered sales in N11 3 (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.
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 3 (London) came in at £376,800, out of 24 registered, down 29% on five years earlier, and the mean stands at £431,800, and by floor area homes here have averaged about £5,990 per square metre over the last five years. The record behind it is 5,323 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
N11 3 is one sector of N11 (London): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where N11 3 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 N11 3 homes really sell for
Take the 24 registered 2026 sales in N11 3 and the middle price, the median, is £376,800. The mean lands at £431,800, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in N11 3
Averaged across five years of sales, floor space in N11 3 costs about £5,990 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
The national median for England and Wales is £285,000, which puts N11 3 32% above the country at large.
A typical N11 3 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 | £376,800 | £376,800 | 24 |
| 2025 | £452,500 | £463,321 | 94 |
| 2024 | £495,000 | £526,287 | 74 |
| 2023 | £454,800 | £499,714 | 64 |
| 2022 | £528,800 | £620,078 | 86 |
| 2021 | £534,000 | £676,113 | 116 |
| 2020 | £487,500 | £632,541 | 64 |
| 2019 | £430,000 | £563,627 | 63 |
| 2018 | £425,000 | £566,533 | 73 |
| 2017 | £440,000 | £600,116 | 87 |
| 2016 | £507,500 | £709,998 | 116 |
| 2015 | £480,000 | £678,240 | 109 |
| 2014 | £341,000 | £483,768 | 136 |
| 2013 | £360,000 | £518,004 | 127 |
| 2012 | £356,000 | £523,988 | 114 |
| 2011 | £293,500 | £443,072 | 127 |
| 2010 | £316,800 | £496,824 | 124 |
| 2009 | £250,000 | £401,877 | 79 |
| 2008 | £250,000 | £409,803 | 99 |
| 2007 | £297,800 | £505,152 | 244 |
| 2006 | £279,800 | £485,697 | 272 |
| 2005 | £247,000 | £439,560 | 217 |
| 2004 | £250,000 | £454,049 | 239 |
| 2003 | £240,000 | £442,138 | 223 |
| 2002 | £200,000 | £376,298 | 299 |
| 2001 | £170,500 | £327,778 | 270 |
| 2000 | £171,500 | £336,569 | 448 |
| 1999 | £147,000 | £292,963 | 506 |
| 1998 | £120,500 | £243,238 | 344 |
| 1997 | £96,000 | £196,877 | 261 |
| 1996 | £60,000 | £126,537 | 127 |
| 1995 | £63,000 | £136,952 | 97 |
In cash terms the typical N11 3 home went from £63,000 in 1995 to £376,800 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 175%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2016; the current median sits about 47% below that. Someone who bought at the 2016 peak has not yet seen that price back in real terms.
Year-on-year change in the N11 3 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 1997 (+60.0% on the year before); the weakest, 2026 (−16.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −16.7% | −18.7% |
| 5 years (since 2021) | −6.7% | −11.0% |
| 10 years (since 2016) | −2.9% | −6.1% |
| 20 years (since 2006) | +1.5% | −1.3% |
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.
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, 24 sales completed in N11 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 277 sales a year before the financial crisis and 68 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.
What tenants pay around N11 3
N11 3 falls under Barnet, where the ONS puts the average private rent at £1,934 a month (May 2026 figures). The spread runs from £1,487 a month for a typical one-bed to £3,174 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Barnet
ONS Price Index of Private Rents, May 2026.
Set against the £376,800 median sold price, £1,934 a month is £23,208 a year, a gross yield of 6.2%: 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.
What kind of market N11 3 is
This is a thin market: 24 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. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the N11 district median, N11 3 sits 28% lower, marking it as a cheaper pocket of the district.
Asked and answered: N11 3 (New Southgate)
How much did a house sell for in N11 3 (New Southgate)?
Are property prices falling in N11 3 (New Southgate)?
Is N11 3 (New Southgate) a good place to buy a house?
What happens to N11 3 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 29% over five years in cash but down 44% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
N11's current homes for sale
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 3: live asking prices are collected per district.
Of everything listed here, 17% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every N11 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in N
Real sold prices by size across the N area, straight from the Land Registry record. 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the N area is the point: the same five years treated these districts very differently.
N area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full 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 1 | £525,000 | 29 |
| N11 2 | £612,500 | 26 |
Zoom out to the full N11 district report for the type split, monthly volumes and how N11 compares with its neighbours.
Before you sell in N11 3: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in N11 3, open the average prices map and zoom from the N11 3 shading down to the sold homes on your own street. Every recorded N11 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim N11 3.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about N11 3. Free, with a one click sign in.
The live map plots every individual N11 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.