Situated in a leafy North London enclave which is bordered by Hampstead Garden Suburb to the South and Whetstone in the North, Finchley has seen a rise in appeal as its good schools, transport links and affordable family homes offer a great location for families and young professionals to settle in. Located in the borough of Barnet, prices in this area have risen by 13.7% according to the Land Registry’s July report with the average property price in the borough now £442,687. And while a four bedroom family home in North Finchley will set you back by between £650,000 and £850,000, a studio flat in Finchley can still be picked up for around £200,000 which makes it very appealing among first time buyers too.
Finchley is essentially split into three different areas – East Finchley, Central Finchley and North Finchley – with each offering something different to the local residents. The Woodside Park area of North Finchley has firmly established itself as the most residential of the three and with a host of good schools located here, is in high demand among families. Many of the homes tend to be 1930s in style, while in Finchley Central beautiful Victorian and Edwardian terraces are more common.
The demographic has undergone quite a bit of transformation over the past few years and young professionals are increasingly moving to the area, often skipping a few ladder rungs in the property buying process as they find they get a bit more for their money. A two bedroom garden flat close to the station can range from around £400,000 to £475,000 with areas around Woodside Park Station and Finchley Central the most sought after. In the last few months, the High Street offering has also gentrified and we’ve recently seen the re-launch of the Bohemia Pub which is now a firm favourite among locals for both food and a party atmosphere. North Finchley High Road meanwhile is incredibly cultural with highlights including the Arts Depot art centre, the Turkish Meze restaurant an even an Afghani supermarket.
Schools are a key factor for many moving to the area and Woodhouse College in particular is a big draw and luckily has quite a large catchment area. The Compton School and Wren Academy Secondary Schools are also both highly regarded while parents with young children are always keen to secure a place at Moss Hall Nursery although it has a very small catchment area.
Finchley itself is lucky to benefit from four good underground stations, all located on the Northern Line. East Finchley is located in zone 3, while Finchley Central, West Finchley and Woodside Park stations are all in zone 4.
For more information on buying or selling in the area, contact our Finchley branch.