Ever wondered how much it costs to buy property in London?
Popular property site Emoov has carefully mapped out the average price of buying a property by London’s 280 tube stops.
The map, shows that the price of buying a property in the sought after Zone 1 will cost £1.2 million on average.
The cheapest properties in Zone 1 can be found by Aldgate East station.
Properties further afield – in Zones 4 and 5 – provide house buyers with better value for money.
Founder and CEO of eMoov.co.uk, Russell Quirk, stated:
“The tube map is a fascinating way of breaking down the London landscape, especially where property price is concerned.
“Despite the constant threat of strike action, a property close to a tube stop, on a good line, remains one of the most sought after pieces of property in the capital. Close proximity to a tube stop will always act as an additional selling point for sellers and in most cases, is justification for a higher asking price.
“It’s well worth doing your homework when buying in London, because as this research shows, sacrificing a few extra minutes with a longer commute can result in a considerable reduction in the price you will pay for a property.”
Recent Comments