The commuter hotspots to watch on the fringes of London

Exclusive new research uncovers the areas showing the most impressive rebound from recession and the good-value homes in outer London, near fine schools and green spaces.
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Living at the furthest reaches of the Tube, where London blurs into the home counties, provides a foothold on the Underground or a short overground journey into central London, plus open spaces and homes with gardens that can be far more affordable than many closer to town.
But these outer reaches are a bit of a mixed bag. For every gorgeous village-style enclave with beautiful homes, great schools and a safe, quiet ambience, there are some fairly desolate patches of low-grade social housing and uninspiring Thirties estates.
Exclusive new research from Savills finds the 10 most expensive council wards to live in on the fringes of London, along with budget options, and the areas showing the most impressive rebound from recession.

The strongest-performing outer London ward is Hampton in the south-west, where prices rose 48 per cent in the past five years to an average £503,052.
The ward covers parts of Teddington and Hampton, and its Thames-side location, along with good commuter links, boosts its appeal. Trains from Teddington to Waterloo take just over half an hour, and an annual season ticket costs £2,288.
Jason Tebb, managing director of Ivy Gate estate agents, says: “It is a nice little pocket with a couple of parades of shops, and it is a lot more peaceful than Kingston or Richmond. It is also amazingly good value in comparison.”
A two- to three-bedroom Victorian cottage in this area would cost £500,000 to £550,000, while a four-bedroom Thirties house would be about £650,000 to £700,000.

Georgian gem for £1.5 million: a listed, three-storey, twin Dutch gabled property in Hampton

A less expensive option is Beddington South in Sutton, an area most people know as Wallington. Prices have increased 39 per cent since 2008, and currently stand at £363,198. Peter Waters, director of Cromwells estate agents, says the area’s popularity is partly due to superb schools. Bandon Hill Primary School is rated “outstanding” by Ofsted, and seniors can try for three local grammar schools: Wallington Boys and Wallington Girls, or Wilson’s School.


£475,000: a three-bedroom detached house in Foresters Drive, South Wallington
Property includes detached Thirties houses, priced between £750,000 and £800,000, down to modern one-bedroom flats from about £170,000. The area has also benefited from the regeneration of the Roundshaw Estate, largely rebuilt in recent years and no longer stigmatised by high crime. Its most famous resident is Paralympic hero David Weir.
In north London, the greatest concentration of top-performing wards — no fewer than five — are in Barnet. Woodhouse, also known as Friern Barnet, and Coppetts, aka Coppetts Wood, both make the top 10, with price rises of 30 and 37 per cent respectively, alongside Finchley Church End, Mill Hill and Totteridge.
Also in the top 10 are West Ruislip in Hillingdon, up 37 per cent to an average £385,266; West Barnes in Merton, up 33 per cent to £413,928, and Cheam, Sutton, up 29 per cent to £539,807.
The cheapest option is Gooshays ward, which most Londoners probably know as Harold Hill. The area has had economic and social problems, and its housing stock is not the most inspiring, but it is one of the few parts of London where you can buy a three-bedroom house for less than £250,000. The average price of £181,220 is down four per cent on the market peak but future rises seem likely, since Harold Wood station will be on the Crossrail line.



Source: Savills/The Property Database Limited

Key borough for value is Barking and Dagenham in the north-east, with five of the 10 cheapest wards in outer London, including Parsloes, with Parsloes Park to the east and Mayesbrook Park to the west. District line trains from Beacontree station in Zone 5 take about 45 minutes to the City. The downside is that affordability takes precedence over architectural splendour. The average house price is £175,326, down seven per cent on the peak.


Source: Savills/The Property Database Limited

North London reigns supreme among affluent outer London neighbourhoods. The two most expensive options, both in the borough of Barnet, are Totteridge — the rural-feeling suburb beloved of football managers, with average prices of £690,000, up 33 per cent in the last five years — and Finchley Church End, greenest corner of Finchley Central, with average prices at £643,525 thanks to its stock of substantial detached homes. Church End prices have risen 32 per cent in five years.

Lawrence Henry, a partner at Statons estate agents, insists you don’t have to be a millionaire to live in Totteridge. Prices start at about £400,000 to £500,000 for a two-bedroom Victorian cottage. “People like how close it is to the green belt,” he says. “It has not been overdeveloped.” 
  • Average house prices in Totteridge

£600,000: this cottage in Lime Grove, Totteridge, has two double bedrooms and a private terrace


Source: Savills/The Property Database Limited

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