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The London Commute
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Average House Price:
£
£
Train Travel Time to London (min):
Annual Train Season Ticket Price:
Percentage of 'Outstanding' schools:
Postcode:
Rent Price For Two bed:
Town
Average house P
Travel time
100%
Post card
Rent Price
ASTP
£
Average House Price:
Train Travel Time to London (min):
Annual Train Season Ticket Price:
Percentage of 'Outstanding' schools:
Postcode:
Rent Price For Two bed:
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How to use
The London Commute
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Every day hundreds of thousands of people commute into London for work. Maybe you are already one of them or perhaps you’re considering ‘the big move’? A move away from the capital can offer a welcome change from the fast-paced London life, and a more affordable alternative to the capital’s high house prices.
To help with your choice, CBRE research have bought together in one place handy information such as the average property price, annual season ticket cost and the typical travel time to London.
We have looked at nearly 150 commuter towns and villages. The average house price across these locations is £393,570, which is 19% lower than the London average of £488,003. But there is wide range to suit different budgets. For example, in Luton the average price is less than half the London average at £229,032. In contrast Beaconsfield has an average price of nearly £831,000.
Of course, there will be many factors influencing this range in prices; including, but not limited to, access to nature, local amenities, and the quality of schools. Within London itself, proximity to tube stations play
a pivotal role as shown in our previous research.
But for commuters there is a significant trade-off between property price, travel time and travel cost. We have analysed this relationship and found that, on average, a ten-minute increase in travel time reduces the average house price by £21,762. Also, for every £100 spent on an annual
season ticket, the average house price goes down by £4,179.
Town
PETERBOROUGH
PURFLEET
WELLINGBOROUGH
RUGBY
CHATHAM
BLETCHLEY
LUTON
PITSEA
NORTHAMPTON
COLCHESTER
£ 177,741
£ 197,130
£ 202,931
£ 218,782
£ 222,757
£ 224,197
£ 229,033
£ 237,763
£ 238,605
£ 242,752
Average House Price
Top 10 least expensive
Top 10 least expensive
Top 10 most undervalued
£ 830,964
£ 777,342
£ 770,817
£ 747,820
£ 681,087
£ 676,082
£ 653,491
£ 644,677
£ 625,194
£ 615,491
Average House Price
Town
BEACONSFIELD
ESHER
VIRGINIA WATER
GERRARDS CROSS
HARPENDEN
HENLEY
ASCOT
INGATESTONE
LEATHERHEAD
AMERSHAM
Top 10 most expensive
£ 300,903
£ 269,481
£ 327,807
£ 313,250
£ 266,333
£ 177,741
£ 268,225
£ 285,709
£ 344,691
£ 379,432
Average House Price
Town
BIGGLESWADE
HUNTINGDON
BENFLEET
WICKFORD
GRAYS
PETERBOROUGH
MILTON KEYNES
SANDY
BROXBOURNE
WINCHFIELD
Top 10 most undervalued towns*
*Top 10 most undervalued/’best buys’/towns that offer good value for money considering travel times and travel cost
Top 10 most undervalued
Top 10 most expensive
Top 10 least expensive
Top 10 most expensive
Average House Price: Land Registry
Annual Season ticket price: https://ojp.nationalrail.co.uk/service/seasonticket/search
Travel Time: National Rail
Proportion of ‘Outstanding’ primary schools: OFSTED
Average 2-bed rent: Zoopla