Last year was an incredibly difficult one for the property market in London. However, it was not doom and gloom for every area. In fact the three below had the best increases in prices in the year. As a top specialist in our industry known for offering the best council leasing North London clients can ask for, we want to take a look at these locations.

North Finchley

One of the best performers of the year was this village in North London. The increase in value year on year was an impressive 15%. That put the average house price at around £520,000.

North Finchley became a popular option for a number of reasons, including the impressive housing stock, local amenities, and quality local schools. A lot of people chose it because the house prices were more affordable than more popular areas in the region like Crouch End.

This is also a popular spot because of how easy the commute it. The area is on the Northern Line so there are regular services into Central London and beyond. In addition, there are good local bus services and cycling routes too.

Kennington

The second best performer of 2020 was this impressive postcode in Lambeth. The yoy increase was 13%, pushing the average house price over the £600,000 mark. The rise made it the very best area in Zone 2 in terms of growth.

There is a lot to love about Kennington. Firstly is a property scene that has a really great mix of Georgian townhouses, affordable homes, and amazing cottages. Then there are nice local amenities, including some lovely cafes. There is a local Tube station also on the Northern Line and the busy Elephant & Castle station is in walking distance too.

One thing that makes this area stand out though is what is happening with its neighbours. There are major regenerations nearby. That means more amenities popping up. It could also mean that developers start to look here in the future.

Barnes

The best performer in Zone 3 had the third highest year on year growth overall in 2020. Barnes is a lovely urban village that had an 11% rise in the average property price. The performance pushes the area to an average house price of £1.1million.

One of the main driving factors for the popularity of the area is it has some excellent period family homes, outdoor spaces, and good schools. It ticks all the boxes for families, especially those who want to move out of Central London in search of more space. The London Wetland Centre is also a major attraction.

Talk to us about council leasing in North London

Finefair Ltd is a business that can support property investors who target areas all over London. Our goal is to give them access to the best services. This includes options like leasing or private letting. We can explain the differences between the two and help our clients decide which is better for their needs.

While we have a reputation as the top name for council leasing North London has, you can expect the same great services all over the capital. In addition, we look to offer the best performance when it is private lettings and property management. So, whatever your needs, contact us.