20 Cheapest Areas of London to Buy a House or Flat
London's most affordable postcodes start from average asking prices of just £308,766 in IG11 (Barking). That's 44% below London's average sold price of £547,468.
Using the latest HM Land Registry sold prices and current average asking prices from estate agents and the UK's best property portals, we've identified London's 20 most affordable postcodes where buyers can still find value in the capital. All 20 areas offer average asking prices under £400,000, with options spanning North, East, South, and West London.
London remains 88% more expensive than England's average sold price of £291,515, but specific postcodes offer genuine affordability. According to HM Land Registry data (October 2025), London's average sold price is £547,468 for all property types. Sold prices average £1,132,911 for detached houses, £712,953 for semi-detached houses, £630,350 for terraced houses, and £427,689 for flats and maisonettes. The best opportunities sit in outer borough postcodes where average asking prices fall 29-44% below London's average sold price.
Our research reveals affordability ratios from 6.4x to 9.2x average household income in London's cheapest areas. IG11 (Barking) offers the best value at 6.4x average household income (£48,500), while SE20 (Penge) at 6.6x (£55,500 income) and SM1 (Sutton) at 6.6x (£57,900 income) also offer relatively achievable homeownership compared to prime London where ratios exceed 15x.
Through analysis of 215 London postcodes, we've ranked the 20 most affordable places to buy a home, complete with sold price per square foot data, affordability ratios, and regional breakdowns. This reveals not just the cheapest locations, but where your money buys the most space.
Looking beyond London? Check our guides on the cheapest places to buy in Birmingham, most affordable areas in Manchester, and the cheapest places to buy across England.
Article updated: January 2026
Contents
London's Most Affordable Property Markets 2026
Analysis of London's 20 cheapest postcodes reveals where buyers can still find value in the capital, with average asking prices ranging from 29% to 44% below London's average sold price of £547,468.
- Cheapest average asking prices in London: £308,766 (IG11, Barking) to £390,159 (UB2, Southall) across the 20 most affordable postcodes
- No postcodes under £300k: London's cheapest postcode IG11 (Barking) has average asking prices of £308,766. The three cheapest are IG11 at £308,766, DA8 (Erith) at £342,218, and SE28 (Thamesmead) at £349,659
- Still above England average: Even London's cheapest postcode IG11 is 6% above England's average sold price of £291,515. Most of London's top 20 cheapest areas sit 6-34% above England's average
- Affordability ratios: Price-to-income ratios range from 6.4x (IG11, Barking) to 9.2x (RM10, Dagenham), compared to prime London where ratios exceed 15x
- Cheapest average asking prices by region:
- East London: IG11 (Barking) at £308,766
- South London: DA8 (Erith) at £342,218
- West London: UB5 (Northolt) at £352,680
- North London: EN3 (Enfield Lock) at £356,470
-
by Robert Jones, Founder of Property Investments UK
With two decades in UK property, Rob has been investing in buy-to-let since 2005, and uses property data to develop tools for property market analysis.
Property Data Sources
Our location guide relies on diverse, authoritative datasets including:
- HM Land Registry UK House Price Index
- Ministry of Housing, Communities and Local Government
- Ordnance Survey Data Hub
- Propertydata.co.uk
We update our property data quarterly to ensure accuracy. Last update: January 2026. All data is presented as provided by our sources without adjustments or amendments.
Are there houses under £300k in London?
Essentially no. If your total budget is £300,000 (not deposit, but total purchase price), no London postcode has an average asking price below this threshold.
There will of course be individual properties and some outlier opportunities that come up, as the figures in this article look at average asking prices across all property types and are meant as a guide to narrow down London locations that fit a lower-priced budget.
The cheapest London postcode is IG11 (Barking) at £308,766 average asking price. That's just £9,000 over the £300k threshold, so individual properties under £300k do exist here. The next cheapest postcodes are DA8 (Erith) at £342,218 and SE28 (Thamesmead) at £349,659.
What £300k actually buys you in London:
- A flat in IG11 (Barking) - One-bed flat in London's cheapest postcode. District and Hammersmith & City line access, plus the Overground. Average asking prices of £308,766 mean some properties fall under £300k.
- A flat in DA8 (Erith) - One-bed in the Bexley borough. Trains to London Bridge in around 35 minutes.
- A flat in SE28 (Thamesmead) - Studio or one-bed. Transport is currently bus-heavy, but prices may rise if the proposed DLR extension from Gallions Reach is built. The Elizabeth Line is available nearby at Abbey Wood.
- Shared ownership - A 40-50% share of a £600k-£750k property in zones 3-5.
For context, London's average sold price for flats and maisonettes is £427,689 according to HM Land Registry data (October 2025). So £300k puts you 30% below even the flat average, which means compromises on size, location, or condition.
London's cheapest postcodes under £360k
These London postcodes offer the lowest average asking prices, all under £360,000:
| Postcode (Area) | Avg Asking Price | Transport Links |
|---|---|---|
| IG11 (Barking) | £308,766 | District, Hammersmith & City, Overground |
| DA8 (Erith) | £342,218 | To London Bridge: 35 mins |
| SE28 (Thamesmead) | £349,659 | Bus to Abbey Wood Elizabeth Line |
| DA17 (Belvedere) | £351,389 | To London Bridge: 30 mins |
| UB5 (Northolt) | £352,680 | Central Line |
| SE25 (South Norwood) | £354,668 | To London Bridge: 20 mins |
| RM15 (South Ockendon) | £356,089 | c2c to Fenchurch St: 35 mins |
| EN3 (Enfield Lock) | £356,470 | Greater Anglia to Liverpool St: 30 mins |
| CR0 (Croydon) | £356,699 | To Victoria/London Bridge: 15-20 mins |
These areas span East, South, West, and North London. IG11 (Barking) offers the best combination of low prices and strong transport links, with direct Underground access to central London. DA8 (Erith) and SE28 (Thamesmead) in the Bexley/Greenwich area offer lower entry points but with longer commutes, while CR0 (Croydon) provides the fastest connections to central London among the cheapest postcodes.
For investors, these outer borough areas often deliver better rental yields than inner London, though tenant demand and capital growth historically lag behind core London postcodes.
Top 20 Cheapest Places to Buy in London
Based on current asking prices and HM Land Registry data, these 20 London postcodes offer the most affordable houses and flats across the capital. The table includes sold price per square foot to help identify genuine value. Lower figures indicate more space for your money.
| Rank & Area | Avg Asking Price | Sold £ per Sq Ft |
|---|---|---|
| 1. IG11 (Barking) | £308,766 | £437 |
| 2. DA8 (Erith) | £342,218 | £408 |
| 3. SE28 (Thamesmead) | £349,659 | £443 |
| 4. DA17 (Belvedere) | £351,389 | £420 |
| 5. UB5 (Northolt) | £352,680 | £494 |
| 6. SE25 (South Norwood) | £354,668 | £486 |
| 7. RM15 (South Ockendon) | £356,089 | £408 |
| 8. EN3 (Enfield Lock) | £356,470 | £452 |
| 9. CR0 (Croydon) | £356,699 | £446 |
| 10. N9 (Lower Edmonton) | £366,778 | £458 |
| 11. SE20 (Penge) | £367,294 | £547 |
| 12. TW13 (Feltham) | £375,554 | £484 |
| 13. RM9 (Dagenham) | £378,491 | £463 |
| 14. RM7 (Rush Green) | £382,762 | £452 |
| 15. SM1 (Sutton) | £383,013 | £516 |
| 16. UB7 (West Drayton) | £384,349 | £494 |
| 17. UB3 (Hayes) | £385,083 | £528 |
| 18. RM10 (Dagenham) | £387,217 | £446 |
| 19. RM3 (Harold Hill) | £388,650 | £444 |
| 20. UB2 (Southall) | £390,159 | £467 |
The spread across these 20 postcodes tells you something important about London's affordability pattern. The cheapest areas cluster in three zones: outer East London (Barking, Dagenham, Harold Hill), outer South London (Erith, Thamesmead, Belvedere, Croydon, Penge), and West London's Heathrow corridor (Northolt, Hayes, Southall, Feltham, West Drayton).
Sold price per square foot varies significantly even among these affordable postcodes. DA8 (Erith) and RM15 (South Ockendon) offer the best space for money at £408 per square foot, while SE20 (Penge) commands £547 and UB3 (Hayes) reaches £528 despite similar headline prices. The difference? Newer flatted developments in regeneration zones push up the per-square-foot figure even when overall prices stay relatively low.
For a deeper look at what drives value in specific boroughs, see our detailed guides on South London buy-to-let, North London investment, East London buy-to-let and West London property.
Cheapest Areas by London Region
London's affordable postcodes cluster in specific corridors. The following breakdown shows the five cheapest postcodes in each region, with sold price per square foot to help compare genuine value across areas.
East London
East London contains London's single cheapest postcode: IG11 (Barking) at £308,766. The affordable corridor runs from Barking through Dagenham to Harold Hill in Havering. These areas benefit from District and Hammersmith & City line access in Barking, plus c2c services from outer postcodes. Prices sit 29-44% below the London average, with IG11 offering the capital's best value entry point.
| Rank & Area | Avg Asking Price | Sold £ per Sq Ft |
|---|---|---|
| 1. IG11 (Barking) | £308,766 | £437 |
| 2. RM15 (South Ockendon) | £356,089 | £408 |
| 3. RM9 (Dagenham) | £378,491 | £463 |
| 4. RM7 (Rush Green) | £382,762 | £452 |
| 5. RM10 (Dagenham) | £387,217 | £446 |
RM15 (South Ockendon) offers the best value per square foot in East London at £408, matching DA8 (Erith) for the lowest figure in all of London. IG11 (Barking) combines London's lowest headline price with solid transport links. The Dagenham postcodes (RM9, RM10) and Rush Green (RM7) offer family housing stock at prices 29-31% below the London average.
For detailed analysis of yields, tenant demand, and investment potential across these postcodes, see our Barking buy-to-let guide and Havering investment guide.
North London
North London's cheapest postcodes sit along the eastern fringe, from Enfield down through Edmonton. These areas benefit from ongoing regeneration, particularly the £6bn Meridian Water scheme in EN3, while offering prices 33-35% below the London average.
| Rank & Area | Avg Asking Price | Sold £ per Sq Ft |
|---|---|---|
| 1. EN3 (Enfield Lock) | £356,470 | £452 |
| 2. N9 (Lower Edmonton) | £366,778 | £458 |
| 3. N17 (Tottenham) | £423,936 | £549 |
| 4. N18 (Upper Edmonton) | £424,331 | £453 |
| 5. HA1 (Harrow) | £434,991 | £554 |
EN3 and N9 offer the best combination of low prices and reasonable sold price per square foot. N17 (Tottenham) has seen significant investment following the new stadium development, pushing prices and £/sqft figures higher. N18 (Upper Edmonton) offers similar value to N9 with slightly better space for money. HA1 (Harrow) provides Metropolitan Line access but at higher prices and £/sqft than the Enfield corridor.
For detailed analysis of yields, tenant demand, and investment potential across these postcodes, see our Enfield buy-to-let guide and Haringey investment guide.
South London
South London offers some of London's best value, with DA8 (Erith) providing the lowest sold price per square foot in the entire capital at just £408. The region benefits from the Elizabeth Line terminus at Abbey Wood and extensive regeneration plans across Thamesmead and Croydon.
| Rank & Area | Avg Asking Price | Sold £ per Sq Ft |
|---|---|---|
| 1. DA8 (Erith) | £342,218 | £408 |
| 2. SE28 (Thamesmead) | £349,659 | £443 |
| 3. DA17 (Belvedere) | £351,389 | £420 |
| 4. SE25 (South Norwood) | £354,668 | £486 |
| 5. CR0 (Croydon) | £356,699 | £446 |
DA8 (Erith) and DA17 (Belvedere) offer exceptional value per square foot at £408 and £420 respectively, reflecting the area's older housing stock. SE28 (Thamesmead) combines low prices with improving transport links as the proposed DLR extension progresses. CR0 (Croydon) provides the fastest commute times in this group, with trains reaching Victoria or London Bridge in 15-20 minutes.
For detailed borough analysis, see our Croydon buy-to-let guide, Greenwich investment guide, and Bexley property guide.
West London
West London's affordable postcodes follow the Heathrow corridor, from Northolt through to Feltham and West Drayton. The Elizabeth Line serves Hayes, Southall, and West Drayton, cutting journey times to Paddington to around 20 minutes. Feltham and Northolt use different lines (South Western Railway and Central Line respectively) but still offer reasonable commutes. Prices remain 29-36% below the London average, with strong rental demand from Heathrow workers.
| Rank & Area | Avg Asking Price | Sold £ per Sq Ft |
|---|---|---|
| 1. UB5 (Northolt) | £352,680 | £494 |
| 2. TW13 (Feltham) | £375,554 | £484 |
| 3. UB7 (West Drayton) | £384,349 | £494 |
| 4. UB3 (Hayes) | £385,083 | £528 |
| 5. UB2 (Southall) | £390,159 | £467 |
UB2 (Southall) offers the best value per square foot in West London at £467, reflecting the area's older terraced housing stock and direct Elizabeth Line access. UB5 (Northolt) provides the lowest headline price but relies on the Central Line, which may limit future growth compared to Elizabeth Line locations. TW13 (Feltham) uses South Western Railway to Waterloo (around 30 minutes) rather than the Elizabeth Line, but appeals to investors targeting Heathrow workers with strong rental demand and straightforward tenant sourcing.
For more on West London investment, see our Hounslow buy-to-let guide and Ealing property investment guide.
How Affordable Are London's Cheapest Areas?
Price alone does not tell you whether an area is affordable. A £350,000 house in an area where average household income is £55,000 is very different from the same price where incomes average £45,000. The affordability ratio (price divided by income) shows which areas genuinely offer value for local buyers.
The table below shows London's 20 cheapest postcodes by price, ranked by their affordability ratio (best to worst):
| Area | Avg Asking Price | Household Income | Affordability Ratio |
|---|---|---|---|
| 1. IG11 (Barking) | £308,766 | £48,500 | 6.37x |
| 2. SM1 (Sutton) | £383,013 | £57,900 | 6.62x |
| 3. SE20 (Penge) | £367,294 | £55,500 | 6.62x |
| 4. CR0 (Croydon) | £356,699 | £52,000 | 6.86x |
| 5. UB5 (Northolt) | £352,680 | £51,100 | 6.90x |
| 6. UB7 (West Drayton) | £384,349 | £54,500 | 7.05x |
| 7. SE25 (South Norwood) | £354,668 | £49,900 | 7.11x |
| 8. DA17 (Belvedere) | £351,389 | £49,000 | 7.17x |
| 9. SE28 (Thamesmead) | £349,659 | £48,800 | 7.17x |
| 10. TW13 (Feltham) | £375,554 | £51,900 | 7.24x |
| 11. DA8 (Erith) | £342,218 | £47,100 | 7.27x |
| 12. UB3 (Hayes) | £385,083 | £52,000 | 7.41x |
| 13. RM7 (Rush Green) | £382,762 | £51,600 | 7.42x |
| 14. EN3 (Enfield Lock) | £356,470 | £46,300 | 7.70x |
| 15. RM15 (South Ockendon) | £356,089 | £46,100 | 7.72x |
| 16. RM3 (Harold Hill) | £388,650 | £47,500 | 8.18x |
| 17. N9 (Lower Edmonton) | £366,778 | £44,700 | 8.21x |
| 18. UB2 (Southall) | £390,159 | £46,300 | 8.43x |
| 19. RM9 (Dagenham) | £378,491 | £43,200 | 8.76x |
| 20. RM10 (Dagenham) | £387,217 | £42,300 | 9.15x |
The rankings shift significantly when you factor in local incomes. IG11 (Barking), which ranks 1st by price, also has the best affordability ratio at 6.37x because household incomes there are reasonable at £48,500. SM1 (Sutton) and SE20 (Penge) perform well at 6.62x despite ranking mid-table by price, thanks to higher local incomes of £57,900 and £55,500 respectively.
At the other end, RM10 (Dagenham) has the worst affordability ratio at 9.15x among the top 20 cheapest. It ranks 18th by price but has the lowest household income in the group at just £42,300. For local first-time buyers, Dagenham is actually harder to access than several more expensive areas.
For comparison, the England average affordability ratio is 7.7x. Only six of the 20 cheapest postcodes beat the national average: IG11 (6.37x), SM1 (6.62x), SE20 (6.62x), CR0 (6.86x), UB5 (6.90x), and UB7 (7.05x). The gap between 6.37x (IG11) and 9.15x (RM10) is significant. A household earning £50,000 could comfortably afford a property at 6.5x income (£325,000) but would stretch at 9x (£450,000).
This ratio matters for both homeowners and investors. For homeowners, it shows how achievable homeownership is on local incomes. For landlords purchasing investment property in London, it helps assess tenant affordability and rental demand. If locals cannot afford to buy, they rent. That is your tenant pool.
London's 5 Most Affordable Areas by Income Ratio
Understanding House Price to Income Ratios
The affordability ratio shows how many years of household income it would take to buy a property outright. For example, SE28 (Thamesmead) at £349,659 with average household income of £48,800 gives a ratio of 7.17x. It would take 7.17 years of total household income to buy the property outright, before living costs.
In practice, lenders typically offer 4.5x income mortgages. So a household earning £48,800 could borrow around £219,600. Add a 10% deposit (£34,966) and they could afford roughly £254,566. That is still £95,000 short of SE28's average price, which explains why London buyers typically need two high incomes, larger deposits, or help from family.
How London's Cheapest Areas Compare
London's cheapest 20 postcodes show affordability ratios ranging from 6.37x (IG11) to 9.15x (RM10). For context:
- Under 7.0x: Below England average. IG11 (6.37x), SM1 (6.62x), SE20 (6.62x), CR0 (6.86x), and UB5 (6.90x) qualify. These are London's genuinely affordable areas relative to local incomes.
- 7.0x to 7.7x: Around England average. UB7 (7.05x), SE25 (7.11x), DA17 (7.17x), SE28 (7.17x), TW13 (7.24x), DA8 (7.27x), UB3 (7.41x), RM7 (7.42x), EN3 (7.70x) fall here. Achievable for dual income households with decent deposits.
- 7.7x to 8.5x: Above England average. RM15 (7.72x), RM3 (8.18x), N9 (8.21x), and UB2 (8.43x) sit in this bracket. Stretched affordability for local buyers.
- Over 8.5x: Significantly stretched. RM9 (8.76x) and RM10 (9.15x) exceed this threshold. Lower local incomes relative to prices make these areas harder to access than headline prices suggest.
The England average is 7.7x, and London as a whole exceeds 13x. Even London's cheapest areas require household incomes of £42,000+ to meet typical mortgage affordability tests. For comparison, the same income in Birmingham's cheapest areas (3.97x to 7.09x) could secure a property with money to spare for refurbishment.
First-Time Buyers: What Income Do You Need?
London's cheapest areas still require significant savings and income to secure a mortgage. Here is what you realistically need across London's most affordable postcodes.
Deposit and Income Requirements
Most first-time buyer mortgages require a minimum 10% deposit. The income figures below are based on a typical 4.5x income multiple, which most high street lenders use as a guideline for affordability assessments.
| Area | Avg Asking Price | 10% Deposit | Income Guide (4.5x) |
|---|---|---|---|
| IG11 (Barking) | £308,766 | £30,877 | ~£62,000 |
| DA8 (Erith) | £342,218 | £34,222 | ~£68,000 |
| SE28 (Thamesmead) | £349,659 | £34,966 | ~£70,000 |
| DA17 (Belvedere) | £351,389 | £35,139 | ~£70,000 |
| UB5 (Northolt) | £352,680 | £35,268 | ~£71,000 |
| SE25 (South Norwood) | £354,668 | £35,467 | ~£71,000 |
| RM15 (South Ockendon) | £356,089 | £35,609 | ~£71,000 |
| EN3 (Enfield Lock) | £356,470 | £35,647 | ~£71,000 |
| CR0 (Croydon) | £356,699 | £35,670 | ~£71,000 |
| N9 (Lower Edmonton) | £366,778 | £36,678 | ~£73,000 |
Even in IG11 (Barking), London's most affordable postcode, a first-time buyer needs over £30,000 saved and a household income around £62,000. For most of London's cheap areas, you are looking at £34,000-£37,000 deposit and £68,000-£73,000 household income.
Note: Mortgage criteria vary by lender and your personal circumstances. Some lenders offer higher multiples for certain professions or with larger deposits. Always speak to a mortgage broker for advice specific to your situation.
How Deposit Size Affects Your Options
A larger deposit typically means access to better mortgage rates, lower monthly payments, and potentially higher lending multiples. Here is how the numbers scale for SE28 (Thamesmead) at £349,659:
| Deposit % | Deposit Amount | Mortgage Required | Income Guide (4.5x) |
|---|---|---|---|
| 5% | £17,483 | £332,176 | ~£74,000 |
| 10% | £34,966 | £314,693 | ~£70,000 |
| 15% | £52,449 | £297,210 | ~£66,000 |
| 20% | £69,932 | £279,727 | ~£62,000 |
| 25% | £87,415 | £262,244 | ~£58,000 |
The difference is significant. A 25% deposit reduces the income requirement from ~£74,000 to ~£58,000 compared to a 5% deposit. That said, saving £87,000 while renting in London is a challenge in itself. Many first-time buyers rely on family gifts, inheritance, or government schemes to bridge the gap.
Use our loan to value calculator to see how deposit size affects your LTV ratio.
Cheaper Alternatives Near London
If London's cheapest postcodes are still out of reach, areas within commuting distance offer significantly lower prices. These locations have their own guides with full analysis, but here is how they compare to London's £547,468 average:
| Area | Avg Sold Price | vs London Avg | Fastest Commute |
|---|---|---|---|
| Kent (county avg) | £350,336 | 36% below | 45-60 mins* |
| Watford | £390,865 | 29% below | 20 mins to Euston |
| Oxford | £504,820 | 8% below | 60 mins to Paddington |
| Guildford | £544,474 | 1% below | 32 mins to Waterloo |
Watford offers the best balance of connectivity and price. At £390,865, you save nearly 30% on London prices while being just 20 minutes from Euston. The average terraced house in Watford sells for £413,461.
Kent offers the biggest headline discount at 36% below London, but this is a county average that varies wildly by town. £350,000 buys a family home in Medway or Maidstone, but likely only a flat in Sevenoaks or Tunbridge Wells. The average terraced house across Kent sells for £302,351.
Oxford and Guildford are not budget alternatives. Guildford at £544,474 is effectively identical to London prices. Buyers move there for schools, green space, and quality of life rather than savings.
*Kent commute times vary by location: 18 mins from Ebbsfleet, 45-60 mins from Medway/Maidstone.
For first-time buyers priced out of London, or investors seeking different markets, these alternatives are worth exploring:
Data source: HM Land Registry, October 2025.
Frequently Asked Questions
How much do you need to earn to buy a house in London?
For London's cheapest area (IG11 Barking at £308,766), you need a household income of approximately £62,000 to qualify for a mortgage, assuming a 4.5x income multiple and a 10% deposit. For the London average price of £547,468, you would need around £110,000 household income. Property investors typically require a 25% deposit, meaning a £308,766 property needs £77,000 upfront. The median household income in IG11 is £48,500, which means even the cheapest areas require above-average earnings or two incomes combined.
What is the average house price in London?
The average sold price in London is £547,468 based on HM Land Registry data (October 2025). This varies significantly by area: prime central postcodes like SW7 and W8 exceed £1.5 million, while outer areas like SE28 (Thamesmead) have average asking prices of £349,659. London's cheapest postcode (IG11 Barking) has average asking prices of £308,766, while the most expensive areas exceed £2 million. For comparison, see London's most expensive streets.
Is it cheaper to live in London or Manchester?
Manchester is significantly cheaper. London's average sold price is £547,468 compared to Manchester's £249,608, making Manchester roughly 54% more affordable. London's cheapest areas also exceed Manchester's: IG11 (Barking) has average asking prices of £308,766 versus M40 (Collyhurst) at around £165,000. However, London's job market, particularly in finance and professional services, commands higher salaries that may justify the premium for some buyers. For detailed Manchester pricing, see our guide on the cheapest places to live in Manchester.
Are house prices falling in London?
London prices are broadly stable with localised variation. Some prime central postcodes have seen slight adjustments as international buyer demand fluctuates. Outer London areas like IG11 (Barking), DA8 (Erith), and SE28 (Thamesmead) show resilient demand due to relative affordability and transport improvements like the Elizabeth Line. The cheapest areas covered in this guide have generally held value better than premium postcodes. For detailed market analysis, see our London buy-to-let investment guide.
Which parts of London are cheapest?
IG11 (Barking) is London's cheapest postcode at £308,766 average asking price, followed by DA8 (Erith) at £342,218 and SE28 (Thamesmead) at £349,659. No London postcodes have average asking prices under £300,000, though individual properties below this threshold exist in IG11 where averages sit just £9,000 above the mark. Beyond Greater London, Kent and Essex fringe areas offer lower prices with commuter rail links to central London, though these fall outside the scope of this London-focused guide.