Finefair appreciates that house prices in London are high in many locations. Our team can help people looking to rent before finding a home to buy. We also support investors looking at buying assets such as properties they plan to let. We are a reliable lettings agent Harrow clients and people across the rest of the city can trust in.
This month the average house price in London was an astonishing £639,364. In many parts of the capital it is very tricky for people to get on the property ladder or move up it. As a result there are lots of people looking for the most affordable areas. There are a surprising number of areas where you can still get a lot for your money. New data from MoneySuperMarket reveals some of these cheapest areas.
The lowest prices
The most affordable street in the whole of London is Railway Approach in Harrow. The average house price here is just £103,500. This is an impressive low figure, especially when there are so many multi-million pound properties in the city.
Other streets with low average prices include:
- Abbey Close, Hayes, Hillingdon – £103,954
- Armada Way, Newham – £114,743
- Aitken Close, Ruislip, Hillingdon – £120,000
- Arthur Street, Bexley – £125,775
Finding an area where your money can go further is generally a case of research. It is important to look throughout areas to see where demand is lowest and there is better supply. In addition prospective buyers should check their finances, especially if they need a mortgage. It is wise to see what you can afford to spend on a property in advance. This can also offer benefits when it comes to negotiating.
Finefair can give people advice about the most affordable areas in London. Our extensive knowledge of different Boroughs is really useful to investors as well as renters. Feel free to browse our website or contact our team directly for info. We work hard to show we are the top lettings agent Harrow has. Try us yourself to see how much value we can add for you.