You are here: Home - Mortgages - First Time Buyer - News -

The most affordable London commuter towns revealed

0
Written by:
03/01/2019
Apsley in Hertfordshire is the most affordable commuter town based on property prices, mortgage costs and, train travel and times, according to research by online mortgage broker Trussle.

The average price of a home in Apsley is £228,000, while a monthly rail season ticket into London is just over £300, the study found.

Ebbsfleet in Kent, along with Tilbury, Basildon and Pitsea in Essex made up the best value areas to buy and commute to the capital in the research.

It comes as rail fares across the UK go up by a typical 3.1%.

Oxshott and Virginia Water in Surrey were both found to be the least affordable commuter towns.

Ishaan Malhi, founder and chief executive of online mortgage broker, Trussle, said: “House prices in London are unaffordable for a lot of people, so it’s little wonder that so many workers choose to commute from areas where they can get more for their money.

“This often comes at the price of hefty rail fares, and with the rise in transport costs, it’s important homeowners are taking this into consideration as they look to move house.”

Laindon in Essex, Luton in Bedfordshire, Rainham in Essex, Earlswood in Surrey, and Sudbury in Suffolk completed the top 10 of the most affordable towns.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Big flu jab price hikes this winter: Where’s cheapest if you can’t get a free vaccine?

Pharmacies, supermarkets and health retailers are starting to offer flu jabs ahead of the winter season, but t...

Is now the time to fix your energy deal?

Fixed energy tariffs all but disappeared during the energy crisis. But now they are back with an increasing nu...

Everything you need to know about the pension triple lock

Retirees are braced to receive another bumper state pension pay rise next year due to the triple lock mechanis...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

The best student bank accounts in 2023: Cash offers, tastecards and 0% overdrafts

A number of banks are luring in new student customers with cold hard cash this year – while others are compe...

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Money Tips of the Week