Thinking of buying a property in Barnet? Information and timing are critical to generating wealth when it comes to investing in new build property. Most investors simply don’t have access to enough information to make an informed investment decision buying off plan. High quality information is reserved for big investors who get all the best deals.
We have put this series of posts together on London’s 32 boroughs to give you a picture of what is happening in the new build market and where the opportunities will be in 2023.
2023 The Year of the Investor
Many are pessimistic about the short-term prospects for the London property market. We think it provides one of the best buying opportunities for buy to let investors in several years.
Good property investors make investments in times of uncertainty, the key to making a good decision is having access to all the information.

Barnet– New Housing Analysis
Between 2009 and 2022 on average there were 983 new homes sales each year. Over the same period new construction starts outpaced sales with new construction starting on 1,108 new homes on average.
Over the same period planning applications for new properties increased significantly to 4,487 in 2014 before declining to just 399 in 2022.

Barnet – Properties due to complete but Unsold
There are 20 new build scheme is in Barnet due to complete in 2023. Four of the developments have been converted to affordable housing and one is a purpose built build to rent (BTR) development.
As at Q3, 2022, there were 15 developments in Barnet with 683 properties due to complete in 2023 with an average estimated price point of £728 per ft².
Of the 15 new build schemes none have been completely sold out, in addition:
- 2 are yet to be launched
- 1 is currently on hold
- 10 have properties for sale currently in the market

Opportunities for Investors in Barnet
There are significant number of new build schemes in Barnet. Many will have complete and unsold properties throughout the course of 2023. At an average price point of £728 per ft² much of the stock will be at a price point which may well be difficult to sell.
Estimated Pricing | |
Studios (400 – 450 ft²) | £ 290,000 – £330,000 |
One Bedrooms (500 – 600 ft²) | £365,000 – £440,000 |
Two Bedrooms (650 – 800 ft²) | £475,000 – £580,000 |
The 15 developments due to complete in 2023 have an average of 44 properties to sell throughout the year. Only 4 of the developments have less than 10 properties to sell and 5 have more than 50.
There will be significant competition between developers to sell their properties in 2023. Most will need to discount in order to sell out of their developments. Wise investors will use this knowledge to snap up a good deal.
Risks for investors in Barnet
Construction volumes have increased significantly in Barnet since 2016. There is risk in the short-term of their being an oversupply of property and heay developer discounting. However, new planning applications in 2023 were just 399, indicating new supply will likely significantly reduce.
If you want to find out more about which developments are likely to come to market next year in Barnet email us at [email protected]. You can also read our full Investor Guide to Barnet here.
Are you thinking about buying an investment property?
We built Du Val Global, powerful real estate investment software designed to help investors make better investment decisions when they buy property. Our platform provides investors with the real estate investment tools to help with critical decision-making, including
Research – access to powerful property analysis provides real-time market research, allowing
landlords to have a complete picture of tenant economics, prevailing
rents, and capital values
Financial Analysis – a property investment tool that investors can use to create financial models to determine net return after tax and return on investment. Investors can understand specific tax implications. Our property comparison tool allows investors to compare investments on an after-tax basis to determine the best investment for them. Investors can even compare properties in different countries
Du Val Dynamic Pricing™ – Du Val Global offers a range of properties for sale from leading developers in Australia, New Zealand, and the United Kingdom via its proprietary Du Val Dynamic Pricing™ algorithm. This sophisticated pricing model levels the playing field for small investors through aggregation, providing discounts of between 7.5% and 15% from retail prices, which, until now, have only been available to large institutional investors.
Portfolio Management – a property portfolio planning tool investors can use to monitor and track the performance of their investments.
Interested in giving our platform a go? Start your free trial today at Du Val Global.
