When considering where to live in London if you work in the city, there are numerous options available to you. There are 32 London boroughs in total and they all have their good and bad points. So when looking at where to live in London if you work in the City, it is well worth doing your research on these boroughs and seeing which one best accommodates your needs.
The London boroughs were created on April 1st 1965. At this point, 12 were designated as Inner London boroughs and 20 were designated as Outer London boroughs. So when looking at where to live in London of you work in the city, it natural that you will be drawn towards those inner boroughs as you will be closer to work. These boroughs include Greenwich, Hackney, Lambeth, Kensington and Chelsea and Westminster – some of the most famous, historical areas of the city.
These boroughs are known throughout the world and visited by thousands upon thousands of tourists each year. But would you consider them when looking at where to live in London if you work in the city? Lets take a look at Westminster. Recent data from the London Datastore has shown that the average house price in Westminster is £856,693. Would the average city worked be able to afford a house at this price? Move along a little into Kensington and Chelsea and the average house price is a whopping £1,198,000! These are properties best left to the very rich and famous.
So, where to live in London if you work in the city? Well, naturally the further out the borough, the more affordable housing becomes. Head into Lambeth and the average house price is £420,000. Go a little further and you reach Kingston, where the average house price up until recently was £385,000
The pattern is clear – if you want to be close to the office, you need to have money in the coiffeurs. So if you are fresh out of university and have just got your first job in the city, what are your options? How will you decide where to live in London if you work in the city? The cheapest boroughs to live in London are Barnet, Bexley and Havering. But do this areas provide the average city worker with a good work/life balance? Perhaps not.
One area worth considering is Croydon. With average house prices of £265,000 and a regeneration programme underway to transform the town into a commercial ‘tech city’ and retail and entertainment hub, Croydon has the most exciting potential of any London borough.
To find out more about the area and the award winning Inspired Homes developments in the town, click here. An Inspired Homes home could be the answer when looking at where to live in London if you work in the city.