I’m not sure if you’ve noticed, but it’s gotten pretty darn expensive to live in London lately. But with a trusty transport network that traverses over 250 mileslinking 272 stations as it does; you’d like to think that at least a few of those stations have some relatively affordable properties on offer, right?
Well, it’s never been easier to find out, as the property pros over at Barratt London have created a handy (and oh-so humbling) new interactive tool that maps out the average sale and rental prices at each and every London Underground and Overground station. From iconic central London Tube stops (a girl can dream, hey?) to those that are just slightly further out of the city; the online tool allows you to see which stations are within your budget, and which may need to remain on the manifestation vision board for a tad longer.
As well as creating the nifty new tool, Barratt London has also saved us the trouble of having to rummage through it. They’ve rounded up the most (and least) affordable places to live across the London Underground network for us, and now we’re going to impart that very same wisdom onto you, dear readers.
The most affordable stations to rent near
Excluding any stations that lie outside of Zone 6 (because – well… where?), there are just 10 London areas that offer properties with an average monthly rental price of under £1500. Angel and Money West both offer the capital’s cheapest rental prices, both with a monthly average of £1400both on the Windrush line, and both serving up speedy services into London Bridge. Norwood Junction and West Drayton are next in line, with a monthly average rental price of £1410. And renting in Gidea Park, Northwoodor Ilford will set you back on average £1460 a month.
The most affordable stations to buy near
If you’re in the market to snap yourself up a property, the most affordable London spots to do so can be found on the District Line. Dagenham East takes the top spot with an average house price of £344,000 and Becontree and Dagenham Heathway both offer an average house price of £347,000. All three of the these District Line stations are within fairly speedy reach of Fenchurch Street, too. Not bad, hey?
The most expensive station to rent and buy near
Now, I’m sure you can imagine the eye-watering rental and sales prices of properties in central London. So I’ll keep this bit snappy so as not to torture us all too much. But sure enough, the most expensive London Tube stop to live near is slap bang in the middle of the capital. Near Westminster station, you can expect to find an average monthly rental price of £13,750 and an average sale price of a rather gasp-inducing £5,040,000. Views of Big Ben and the River Thames are overrated anyway…
You can use Barratt London’s new handy tool and see their methodology here.
