According to a recent Homes & Property article, there are 20 property hotspots that are now serious contenders for London’s commuters.
With Surrey, Hertfordshire and Kent frequently popping up in the list of favourites, commuters are choosing these beautiful towns and more affordable homes, which are less than an hour away from London.
Haslemere, Woking, Salford and Dorking in Surrey
With its pretty streets, good educational choices and a short trip to London, areas like Dorking are quickly becoming a viable option for those who need to travel to London for work. Surrey offers great value for money. With an estimated average property price of £485,360, and under an hour (51 mins) away from London, Dorking has all of the beauty without the price tag.
Sawbridgeworth, Kings Langley, Letchworth, St Margarets and Hemel in Hertfordshire
Benefitting from a delightful town with a coffee shop culture and the picturesque River Stort, Sawbridgeworth’s properties average out at £363,908. At the more affordable end of the scale, this Hertfordshire town is also a slightly shorter commute of 40 minutes into London. Many local schools have achieved an ‘outstanding’ Ofsted report, making this town an excellent choice for families.
Charing, Rochester and Borough Green in Kent
Sitting at the slightly higher average property price of £512,218, Charing in Kent is still more affordable than living in the city. It’s easy to see why Charing is appealing, sitting on the edge of the Kent Downs and with a town that has period charm – it offers the best of both worlds. Kent’s grammar schools are known for their popularity, and Charing can still be reached in 54 minutes from London.
Other hotspots include Grays and Southend-on-sea in Essex, Newbury in Berkshire, Princes Risborough, Monks Risborough and Marlow in Buckinghamshire, Fleet in Hampshire and Hassocks in Sussex.
Henry Knight, Managing Director, Springtide Capital commented: “The outskirts of London can offer those working in London a feasible commute while providing them with much more property for their money. A sizeable house in one of these popular towns can often be less than the price of a flat in London. If a mortgage applicant can lower the loan-to-value to 60% or less, they will also find themselves in a position to be offered some of the best mortgage rates on the market – reducing their monthly mortgage payments even further.”