The Best-value Places to Live in London in 2018

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The Royal Docks Woolwich
The Royal Docks Woolwich

It can seem impossible to find a property in London, the minute you find somewhere of interest, it is gone! But an important starting point is to look in the right neighbourhoods. The following suggestions give some idea of where to start to find the right property for you.

Woolwich

Borough of Woolwich
Borough of Woolwich

This area has been undergoing a long, slow regeneration, with over a thousand new homes built in recent years, raising the area’s profile without sending its house prices into the stratosphere. With monthly rents averaging around £1,200 this area will soon become joined up by Crossrail to the West End and shopping and working opportunities. If you have the ability to buy a property in an up and coming area of London this could be a good choice. The area has a farmer’s market and offers a good slice of London life. In addition as home to the Royal Docks and Royal Arsenal, it has a wealth of tourist attractions in its own right. The ExCel and London City Airport are just North of the river and the Royal Observatory of Greenwich is just to the West.

Bromley

The Borough of Bromely
The Borough of Bromley

A town outside London with its own centre, Bromley benefits from a fast train which can get you to London Victoria in around 15 minutes. There is a high amount of green space nearby for the South-East, and the town was voted one of the happiest in London in 2014. The town, which has its own non-London postcode of BR1 but nonetheless feels very much part of the modern London, has a shopping centre, the Glades, and has flats available to rent for as little as £800, but with rents looking set to keep rising, and a current average price for a two bedroom flat at £1,364, it is an area to get into quickly.

Brentford

Brentford - in red
Brentford

The home of iconic “far-fetched fiction” writer Robert Rankin, Brentford in West London is in sight of Kew Gardens and edges onto the Thames. The Waterman’s Arts Centre, a multi-purpose arts and social space, is one of the neighbourhood’s main attractions incorporating both a cinema and a theatre and providing a useful local social hub lacking in many parts of London. Look out for school holiday deals and special film showings. The region also has good transport links internally with good local buses connecting it to the centre of London 8 miles away and a National Express station providing freedom of movement further afield in Britain. The prices here are a little higher, averaging around £1,500 for a one bedroom flat.

Enfield

The Borough of Enfield
The Borough of Enfield

Enfield in North London has grown in popularity as the uncoupling of wages and property prices has made Londoners look further afield, and properties in the area now sell for no less than £180,000, with two bedroom flats starting at £230,000, which is certainly a substantial amount. However, as the average buying price was £475,000 in 2017 and continues to rise, this should be seen for the positive that it is.

London is a huge city, but it is difficult to find an appropriate home when prices are so high. With preparation, positivity, and a willingness to identify up and coming areas, you will find a flat you like. When you do, be sure to save on your move with a moving service like Compare The Man and Van.

 

 

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