Research by property agents Savills shows that commuters could be saving £3,000 on property for every minute further out of London they live. But is commuting really saving you money?
The study showed that on average, property prices within half an hour’s train ride of the capital were £458,000, but within inner London, the average jumped to £606,000. Then, for housing that’s between 60-69 minutes travel, the average fell again – to just £337,000. That means the average saving is £3,048 per minute travelled out of the city!
|Rail price to central London||Liftshare price to central London||Saving per journey leg|
What are your thoughts on this? Worth living in the capital – or not? Do you do it and liftshare in? Let us know your thoughts in the comments below!
Photo credit: Pixabay
Author Lex Barber