Map Of Average Weekly Rent By Station Along The Victoria Line

Weekly rent by station along the Victoria line
Weekly rent by station along the Victoria line

This Victoria line map created by Rentonomy could not have come out at better time. It shows the average weekly rent at each station along the Victoria line. Prices reflect average 2-bed flats near to stations. The overall shape shouldn’t be too surprising for anyone who’s lived in London for more than a month.

The peak is at Green Park (£965 per week), just north of Buckingham Palace and the gateway to Mayfair. I am a little surprised to see that Oxford Circus and Victoria are almost the same price as you couldn’t pay me enough to live in the former. Also, I’m surprised Stockwell is more expensive than Brixton as I’d much rather live in the latter. At the far end of the line, Walthamstow (£193 per week) is by far the cheapest.

You can of course learn more about the Victoria line from my facts, trivia and impression page. Plus, stay tuned for more my post about my Victoria line walk coming soon.

Special thanks to Rentonomy for the use of their map.

Why Are London’s Property And Rental Prices So High? Hint: It’s Not Greed

One Hyde Park - Some oftThe most expensive flats in the world
One Hyde Park – Some of the most expensive flats in the world
After the weather, there are few things Londoners like to complain about more than the high cost of either buying or renting a place to live. To say London is an expensive place to live is to state the obvious. However, one or two examples will serve to show just how bad the situation has become.

According to the BBC housing calculator the average price of a house now stands at a staggering £402,000 in Greater London. This is around 2.5 times more than the average for Scotland and well over £100,000 more than the next closest region (unsurprisingly the South East). These prices make buying a home in London extremely difficult – if not impossible – for families on modest or even not-so-modest incomes.

Examining the situation from a global perspective doesn’t make the situation look any better. According to Global Property Guide, London is second only to Monaco in terms of the cost of buying or renting a place to live. While other studies don’t place London quite so high on the list, no one claims that London is cheap.

Continue reading Why Are London’s Property And Rental Prices So High? Hint: It’s Not Greed