3 ms·

What about Notting hill, a bedsit can go for 2000 quid per week there, it's in Kensington. Average London rent prices are 1600 quid, that is before council tax,

by yawaworht1978 5y ago

What about Notting hill, a bedsit can go for 2000 quid per week there, it's in Kensington. Average London rent prices are 1600 quid, that is before council tax, internet and the dreaded tv licence. A more granular overview is Location Studio One bedroom Kensington and Chelsea £1,427 £2,062 Islington £1,383 £1,565 Tower Hamlets £1,398 £1,547 Westminster £1,371 £2,113 Lambeth £1,240 £1,595 One bedroom is not sufficient to raise a family, I think that's safe to say. So let's move on to the 2 and 3 bedroom properties Location Ttwo br 3Wbr swestmisnster£ 2,920 £4,152 Camden £ 2,254 £2,880 Kensingtonelsea £3,030 £4,938 Islington £1,934 £2,487 Hammersmith a 1,922 £2,653 Sorry for the formatting. Cheapest BBexley£. 1,105 £1,281 Havering £1,120 £1,384 Redbridge £1,293 £1,589 Sutton £ 1,163 £1,498 Waltham Forest £1,364 £1,649 These are before council tax and other costs, which are gonna be laughed at by oligarchs but they do count for normal people. The new houses nnextto Westfield shopping centre cost around 2000 quid before council tax , zone 3 classic houses with a garden go for 1500 before council tax. its really bad in all London, unless you make 50k after taxes and most devs don't make that money there. t

traceroute66 5y ago
> its really bad in all London I don't disagree with you there. Aside from the Chelsea and Knightsbridge style stories, overall London suffers from a problem of (a) too much buy-to-let nonsense going on (b) off-plan new-build developments which are sold off-plan predominantly to offshore buyers (mostly Chinese using it as a way to get chunks of money out of China, but also other nationalities too). All those new-builds South of the River for example, almost exclusively off-plan jobs. The present government is not helping either. They are unashamedly on the side of the property developers out there to make a quick buck, not Londoners. I absolutely do feel for those on low / minimum wage in London who are pushed out of the market and having to face horrible commutes to be able to live somewhere remotely affordable.

traceroute66 5y ago

> its really bad in all London I don't disagree with you there. Aside from the Chelsea and Knightsbridge style stories, overall London suffers from a problem of (a) too much buy-to-let nonsense going on (b) off-plan new-build developments which are sold off-plan predominantly to offshore buyers (mostly Chinese using it as a way to get chunks of money out of China, but also other nationalities too). All those new-builds South of the River for example, almost exclusively off-plan jobs. The present government is not helping either. They are unashamedly on the side of the property developers out there to make a quick buck, not Londoners. I absolutely do feel for those on low / minimum wage in London who are pushed out of the market and having to face horrible commutes to be able to live somewhere remotely affordable.