How far from work it is necessary to rent an apartment in London, so that it would be profitable

Most people prefer to live closer to work, but rarely think about how much this privilege costs. To calculate how much extra minutes spent in bed cost, an interactive metro map from TotallyMoney will help.

TotallyMoney created an interactive map of the London Underground to show how much the weekly rent varies depending on proximity to the city center.

As a starting point on each line, the station with the most expensive average rent cost per week was chosen. The map shows the travel time to it from other stations on the line and the average level of weekly rent for one-bedroom apartments (two-room apartments) located nearby.

Despite the fact that the dependence of the rent payment on the approach to the city center is quite obvious, the new tool can be useful for those who are in search of new housing and want to find a compromise between the time that will be necessary to spend in public transport and the cost of housing.

In addition, it is always interesting to calculate how much a few extra minutes in bed will cost or, conversely, how much you can save by getting up early.

According to the creators of the map, on average, Londoners additionally pay £7.20 per day for every minute spent outside the subway tunnels. It is easy to calculate that 10 minutes will make already £72. For the year, these costs will turn into £3,744, which, in turn, is equivalent to 10% of the average salary in the capital for the year.

However, to find an acceptable option, it is not necessary to earn A LOT. In the city there are enough options that offer residents a good balance of travel time to the center and the average rent.

At the top of the list you can see Seven Sisters, which belongs to the Victoria line. The travel time to Green Park is only 15 minutes, and the average rent per week is £209. Quite a high figure, but at the same time, below the average figure for the city.

Housing near Greenford is much cheaper (£146), but there is more travel time here. Third place is taken by Central line station - North Acton.

It is not surprising that Central line wins in the "team classification". In addition to the already mentioned stations, East Acton and Redbridge were also included in the list of leaders in terms of ratio of price and time spent on trip from home to work (and back). The average journey time to Oxford Circus is less than 30 minutes. So for those who like to lie in bed longer, it makes sense to pay attention to the red color. The only exception is Loughton, which is too expensive (£335) to be so far from the center (37 minutes).

As for the least successful stations in terms of the ratio of the cost of rent and travel time, the most representatives of Nothern line and Piccadilly are here. Turnham Green (2nd place), Leicester Square, Convent Garden and Hammersmith on the Piccadilly line account. Old Street (3rd place), Moorgate and Bank - for Northern line.

Hammersmith on Hammersmith & City line heads the list of the most "unbalanced" proposals. The average rent for the week here is £484 - much higher than the average figure for the city. In addition, it is quite far from Great Portland Street, the most "expensive" station on this line, especially if you remember how much you need to pay.

If the main priority is the availability of the offer, and long trips underground do not frighten you, then you should pay attention to Kenton - £188 per week and 36 minutes to the center. Next come Greenford (£146) and Shepherd's Bush Market (£326). The latter is the most expensive for the price, at least in the list of the most affordable offers. But you can get to the center in just 22 minutes from here.

At the other pole there are the most expensive proposals, which, we recall, serve as a starting point for each line. The most expensive will be Hyde Park Corner (£679 per week) and Oxford Circus (£636 per week). Green Park is slightly cheaper - £626.

read other news here

work rent apartment London profitable map per_week
If you notice an error, highlight the text you want and press Ctrl + Enter to report it to the editor
9 views in september
I recommend
No recommendations yet

Comments

Comments are designed to communicate and discuss the features of an enterprise or event, as well as to find out the interesting questions on it.

Society
The U.S. and President Donald Trump has slapped a 15 per cent tariff on all steel and aluminum it receives from Canada, and if that rises to 25 per cent as has been threatened, it will cost more for the city to build its bridges and buildings with steel from the U.S. “We are trying to estimate a worst-case scenario,” said city treasurer Anna Lisa Barbon. “If there is a significant tariff increase, what impact would it have?” While the tariff is on steel sh...
Society
A teenage girl was raped in broad daylight in an east London park, police have said. The Met's child abuse and sexual offences command is investigating the attack, which happened in West Ham Park on Tuesday. The female victim was attacked by a man close to the entrance opposite FairlandRoad, Scotland Yard said. It happened at about 4pm. No arrests have yet been made. West Ham Park, which dates back to the 16th century,is run by the City of London Corporati...
Society
The number of homes in London will need to rise by a quarter within 25 years to cope with its rising population,official figures showed today. In a dramatic indication of the scale of the challenge, the Office for National Statistics said an extra 844,000 new households will be formed here by 2041 if current trends continue. That amounts to a 24 per cent increase on the existing total and would give London — which now has about 3.4 million households — a n...
Society
Earlier this summer, Yoshua Bengio, the McGill-based Artificial Intelligence pioneer and one of the world’s leading authorities on neural networks and machine-learning, added his name to a growing global list of experts and laboratories in the field that are pledging to have no role in the creation of what are called “lethal autonomous weapons” (LAWs). The signatories’ premise is as benign as it is unsound: that machines must never be given the authority t...
Society
Mayor of London Sadiq Khan has said he cannot be sure when Crossrail will be complete. Mr Khan said he will talk about a revised timetable at some stage, but only when he has confidence in it. It was announced on August 31 that the capital's new east-west railway would open in autumn 2019 rather than December this year. Mr Khan previously revealed that he only learned of Crossrail's delay two days before the announcement. The mayor was asked on BBC Radio L...
Society
Just weeks into a new school year, Western University and its roughly 1,650 faculty members are locked in a contractdispute, with faculty taking a strike vote among its members. But if there’s potential for labour disruption, it’s news to many students still easing into their new academic routines. “We literally had no clue,” said Melissa Trueman, a fifth year student at the university. “Students are trying to accomplish a goal but they can’t do it if thei...
Society
A large group of Uber Eats drivers blocked a road in east London today as they staged a protest over pay. Protesters said it was a spontaneous show of action against the company, as drivers claimed rates for every delivery had been reduced without it being agreed first. An Uber Eats spokesman said the firm has made changes to its payment structure in London in response to feedback from couriers. "As we transition to the new system, we're introducing minimu...
Crime
A gunman has open fired on a north London street, leaving two injured and reported holes in a taxi window. Armed police were deployed to Islington on Thursday evening, at about 9.30pm, after witnesses reported hearing gun shots and people running from the area. The suspect then fled the scene, on Essex Road, police said. Officers found two people – a 34-year-old woman and a 40-year-old man – suffering from minor injuries. The woman, police added, was taken...
Society
A businessman and his family were targeted in an arson attack which police are treating as a suspected race hate crime. Mac Karlekar, 44, and his wife and 15-year-old son fled their home in Orpington after their hedge was set on fire. Mr Karlekar has told how he was woken up in the early hours of the morning by neighbours, who were alerted by the “uncontrollable” barking of their dog Maggie. The neighbours opened their window and saw the blaze, then they c...