x
By using this website, you agree to our use of cookies to enhance your experience.
CORONAVIRUS UPDATE

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 314,992 | UK Deaths: 43,991 SEE MAP Italy Confirmed cases: 240,760 | Italy Deaths: 34,788 | Italy Recovered: 190,717 SEE MAP Spain Confirmed cases: 249,659 | Spain Deaths: 28,364 | Spain Recovered: 150,376 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 314,992 | UK Deaths: 43,991 SEE MAP Italy Confirmed cases: 240,760 | Italy Deaths: 34,788 | Italy Recovered: 190,717 SEE MAP Spain Confirmed cases: 249,659 | Spain Deaths: 28,364 | Spain Recovered: 150,376 SEE MAP

award
award award
award award

TODAY'S OTHER NEWS

OnTheMarket reveals where and how it's cheap to rent in London

It’s a conundrum for many, especially those moving to the capital...but portal OnTheMarket claims it knows exactly where it is cheapest to rent in London.

It says living as a group of four adults in Bexley is the cheapest way and place to rent. 

The portal assumes the scenario of one person per bedroom, and looks across a sample of 41,000 one, two, three and four bedroom London properties which it listed over the past year. Studios and properties over £10,000 pcm were excluded. 

So for a four bedroom property in Bexley, the average monthly total rent is £1,633.52 but divided between four people, it is £408.38 each. 

This is 35 per cent cheaper than the average cost of renting a room in London - that’s £629 per month according to the government's private rental market statistics for the year to March 2018. 

In north London, living as a group of four in Enfield is the cheapest scenario at an average of £521.84 for each of the four tenants while elsewhere in the capital renting as a group of four in Croydon comes out at £508.41.

And in West London, living as a group of three in Hillingdon is the most cost-effective way to rent with an average cost of £498.44 per month for each tenant. 

Prices escalate rapidly in central London, where the cheapest location - again for a group of four - is Islington at an average rental cost of £895.85 per person.

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up