Posts with tag: London commuter

Most expensive places to rent outside London

Published On: May 1, 2015 at 4:39 pm


Categories: Finance News

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Research from Rightmove suggests that the London commuter belt is home to the most expensive areas in which to rent outside of the capital.

With prices reaching record levels in a number of places, Esher was found to be the most expensive area, with a two-bed property commanding rent of almost £2,000. This was a substantial rise of 4.1% in comparison to last year.[1]

Oxford was next highest on the list, and rents for Esher and Oxford both averaged more than the outer-London norm of £1,493 per month

The top-ten most expensive areas to rent outside of the capital are:

  • Esher
  • Oxford
  • Weybridge
  • Marlow
  • Ascot
  • Henley-on-Thames
  • Egham
  • Windsor
  • Bushey
  • Guildford
Most expensive places to rent outside London

Most expensive places to rent outside London

Double-digit growth

Sam Mitchell, Head of Lettings at Rightmove, believes that, ‘people moving out of the capital to places in the south east has contributed to double-digit growth in rents in some of the most expensive places like Oxford and Henley-on-Thames.’ She continued by saying that, ‘factors like being close to good schools and transport links will always come at a premium’ and that the figures indicate that, ‘it’s wrong to think that anywhere outside of London will definitely be cheaper than in London.’[2]

Rightmove has reported that it has passed on 73% more email inquiries from would-be renters to their landlords this year in comparison to last.