WATCH LONDON LIVE VIDEO: David Butler, Director of Research at Rentonomy, discuss the affect of coffee shops on rental prices
Transport upgrades and regeneration can transform the fortunes of London neighbourhoods. But what about the humble coffee shop?
David Butler, director of research at Rentonomy, was in the London Live studios this morning to discuss how coffee shops in the capital are having a dramatic effect on property.
Using data from the London Coffee Guide, Rentonomy have put together a clever infographic (see below) showing areas throughout the capital with the highest concentration of much-loved bijou, independent coffee shops.
So where should you rent to get the best cup of coffee in London? Not surprisingly, prime City (EC) and West End (WC) postcodes, along with Marylebone in W1, sit at the top of the list.
But the more affordable rental postcodes featured include Islington in N1, where rents average around £425 a week, followed by Dalston, Whitechapel, Bethnal Green and Camden Town.