Quick Answer: Which part of London is affordable?

Which part of London is cheapest?

The 10 Cheapest Areas to Rent in London

  1. Bexley. Number one on our list, Bexley currently has the cheapest rent in London with 1-bedroom flats averaging at £823 pcm.
  2. Havering. …
  3. Croydon. …
  4. Barking and Dagenham. …
  5. Sutton. …
  6. Bromley. …
  7. Redbridge. …
  8. Hillingdon. …

Is East London cheaper than West London?

It’s cheaper to live in East London

Now we all know that London is the most expensive city in the world, but that doesn’t stop the places to the east of Oxford Circus being cheaper than places to the west of Oxford Circus. A recent study reported that a single square metre of property in Chelsea costs nearly £11,000.

Is East London Expensive?

Although East London is a cheaper area in which to buy a property than many other districts of London, gentrification in the area has led to increased house prices over the last few years.

Is north or south London more expensive?

Typically, North London is more expensive than the south, largely because it incorporates more of Central London.

Is West or East London better?

West London is typically seen as the more posh side of the city, while East London is known for being a bit more gritty.

Why is Hackney so expensive?

House Prices

THIS IS FUN:  Does Scotland use GBP?

Due to the lively lifestyle, Hackney offers its residents, the area is becoming a sought-after residential location. Homes are being sold within record times and buyers are clamouring to buy with demand far outweighing supply.

Is east London a good place to live?

East London is one of the most popular areas in London for young creative types moving to the city. Although it’s been increasing in price considerably in the last few years, the area remains a cultural hub and one of the best places to live in London.