New research dispels the theory that London's inner travel Zones offer the fastest travel.
While living in Zones 1 and 2 speaks of a lifestyle of carefree late nights and fast journeys home, it turns out you might actually be better off commute time-wise living further afield.
Plus, “[Beyond Zone 2] prices drop by an average of £86,000 between each zone,” says Hamptons research analyst, David Fell.
ZONE 3: WHERE TO FIND THE FASTEST COMMUTES
The Hamptons report found that the top 10 Zone 3 locations with fastest journey times into central London — all of them faster than the Zone 2 average — range from Highgate and Haringey in north London, to Earlsfield and Wimbledon in the south.
The best value, and also the best performer, is Ladywell in south-east London. Trains from Ladywell to London Bridge take 12 minutes, the average property price is £367,479, and prices surged 18.9 per cent in the last year.
Tulse Hill, also in south-east London, is another Zone 3 standout performer, with journey times to Elephant & Castle of 11 minutes, average prices of £459,169, and 17.2 per cent annual price growth.
The Zone 3 homes hotspots where you can get to central London quicker than you can from Zone 2
|Station||Operator||Zone||Minutes into Zone 1||Zone 1 destination||Average price||12 month price growth|
|Earlsfield||South West Trains||3||
|Acton Main Line||Great Western Railway||3||9||Paddington||£501,235||9.8%|
|Maryland||TFL Rail||3||11||Liverpool Street||£362,748||5.4%|
|Tulse Hill||Thameslink||3||11||Elephant and Castle||£459,169||17.2%|
|Haringey||Great Northern||3||12||Old Street||£627,637||14.6%|
|Leyton||Central Line||3||12||Liverpool Street||£386,250||14.8%|
|Wimbledon||South West Trains||3||12||Vauxhall||£875,311||5.8%|
|Turnpike Lane||Piccadilly Line||3||12||Kings Cross St Pancras||£496,423||14.7%|
George Quinn, sales manager at Mark Beaumont estate agents, says Ladywell has started attracting buyers from more expensive neighbours such as Brockley, which in turn is benefiting from the ripple of buyers out of Peckham.
“In the past we have been the poor relation, but we are only a stone’s throw from Brockley Village, we have got Hilly Fields Park — a lovely open space — and Ladywell is developing into quite a nice village with some good bars, a patisserie and a traditional butchers.”
Property in Ladywell is predominantly Victorian. You can expect to pay £400,000-£425,000 for a two-bedroom flat, and £675,000-£750,000 for a four-bedroom house.