Landlord News

Top 20 London Commuter Hotspots

Em Morley - May 20, 2015
Top 20 London Commuter Hotspots

Top 20 London Commuter Hotspots

The amount of Londoners leaving the capital has reached record highs, hitting 250,000 a year according to the Office for National Statistics (ONS). It is believed that most of those departing are hoping for family-sized homes near good schools.

However, those moving are still searching for somewhere not too isolated within a quick commute of the capital.

The high number of people leaving London has been fuelled by the Stamp Duty reform of December 2014. Hometrack recently found that the Home Counties benefitted most from the changes.

Savills estate agent predicts that London’s commuter hotspots will see the highest medium-term price growth in England. It based its findings on the amount of season ticket sales from the main commuting stations. So where is best for London commuters?

 

 

Countdown of top 20 London commuter hotspots

No.

Area Travel time to London Average property price Average detached house price Annual season ticket cost

Annual season ticket + travel card cost

20 Bishops Stortford 30 minutes £324,324 £501,020 £3,936 £4,952
19 Redhill 35 minutes £305,891 £553,530 £2,672 £3,432
18 Oxford 57 minutes £411,601 £746,632 £4,788 £5,568
17 Shenfield 27 minutes £363,244 £608,423 £2,868 £3,976
16 Tunbridge Wells 50 minutes £329,754 £633,575 £4,364 £5,020
15 Maidenhead 20 minutes £427,999 £673,633 £2,908 £3,692
14 Slough 17 minutes £276,270 £644,998 £2,472 £3,252
13 Basingstoke 44 minutes £234,831 £360,475 £4,188 £4,944
12 Sevenoaks 33 minutes £589,203 £945,321 £3,288 £3,944
11 Winchester 58 minutes £414,851 £623,740 £4,812 £5,636
10 Tonbridge 42 minutes £318,166 £519,513 £3,980 £4,636
9 Milton Keynes Central 35 minutes £217,162 £333,801 £4,888 £5,812
8 Colchester 52 minutes £198,456 £297,539 £4,796 £5,880
7 Haywards Heath 44 minutes £313,830 £496,040 £3,808 £4,800
6 Guildford 37 minutes £408,824 £760,593 £3,400 £4,204
5 Cambridge 52 minutes £395,911 £676,965 £4,264 £4,648
4 Woking 27 minutes £371,238 £668,269 £3,052 £3,792
3 Chelmsford 35 minutes £261,411 £417,214 £3,728 £4,704
2 Brighton 52 minutes £334,934 £617,940 £4,068 £5,196
1 Reading 26 minutes £283,724 £485,399 £4,188 £4,976

A quarter of the top 20 spots are within half an hour of London, with Reading, Woking and Shenfield benefitting from the Crossrail development.

The closest is Slough, just 17 minutes from the capital.