Colindale costs about £425,000 for a typical home, and in most cases that buys a flat. Flats make up most of the sales. Houses cost a good deal more. Prices across the wider area have dipped over the past year. In practice, Colindale is affordable for one bedroom and expensive for a staircase.
The Land Registry recorded 384 sales in the year to mid-May 2026, with a median price of about £425,000. Flats accounted for 257 of those sales, at a median of about £370,000. The 66 terraced houses had a median of about £528,000, and the 58 semi-detached houses about £585,000. Only three detached houses sold, at a median of about £995,000. Three sales is too few to describe a market, so that figure tells you very little.
The official house price index puts the wider area down about 4.3% in the twelve months to May 2026, with flats down about 6%. Those are past changes, not predictions, and they cover more than Colindale. The difference is still worth noting. New flats are what Colindale has built most of over the past decade, and flats are the property type the index marked down furthest last year. If you're buying in one of the newer blocks, ask the agent which resales in that same building completed in the last year, and at what price. Comparing against a show flat's launch price tells you much less.
Band D is the most common council tax band here, and only about 10% of homes are in bands A or B. Barnet's Band D bill is about £2,133 a year. Because band D is the norm in Colindale, that figure is roughly what a typical household here actually pays, which isn't true of most places.
Across Barnet as a whole, private rents average about £1,930 a month as of April 2026. That is a borough-wide average from the Office for National Statistics' rent index, and it is a mean, not the asking price of any particular listing. By size, the Barnet averages are about £1,485 for one bedroom, £1,840 for two, £2,230 for three and £3,170 for four or more. No figures are published for studios or single rooms. Renting is how about half of Colindale lives, so these are the numbers most residents deal with each month.
The Office for National Statistics models gross household income in the area, before tax, at about £63,000 for the financial year to March 2023. That figure is a few years old, and it is an average for the area, not anyone's actual payslip. Against a £370,000 flat, a household on that income is looking at a big mortgage but a possible one. Against a £585,000 semi, the money mostly has to come from somewhere other than this postcode's wages.
For the sales that could be matched to an energy certificate, the median price is about £5,900 per square metre. That covers about 40% of the year's sales, and the typical home behind the figure is about 88 square metres. This is the most useful number in the area for comparing a flat with a house, because it puts both on the same basis before anyone starts talking about the balcony.
At the 2021 census about 21% of homes had one bedroom, 32% two, 31% three and 16% four or more. Two and three bedrooms are the bulk of what is available, and the four-bedroom houses are the scarce, expensive end that drives up the house medians.
House prices in Colindale are middling overall. Flats are within reach of a local household on a decent income, and houses cost enough that most local salaries won't stretch to one.