Commuter location yields not always better than in-London yields

14 August 2020 | Renting

Commuter Town or London Borough

Average Rent (PM)

Current Average House Price

Average Rental Yield

Tower Hamlets

London Borough

£1,835

£472,662

4.7%

Harlow

Commuter Town

£1,006

£262,524

4.6%

Reading

Commuter Town

£1,043

£276,130

4.5%

Newham

London Borough

£1,453

£387,326

4.5%

Barking and Dagenham

London Borough

£1,208

£327,136

4.4%

Lambeth

London Borough

£1,908

£525,487

4.4%

Greenwich

London Borough

£1,476

£415,693

4.3%

Luton

Commuter Town

£809

£229,983

4.2%

Crawley

Commuter Town

£1,004

£285,725

4.2%

Southwark

London Borough

£1,718

£488,610

4.2%

Slough

Commuter Town

£1,016

£296,738

4.1%

Dartford

Commuter Town

£1,000

£292,213

4.1%

Ealing

London Borough

£1,569

£454,027

4.1%

Bexley

London Borough

£1,092

£331,679

4.0%

Brent

London Borough

£1,502

£446,966

4.0%

Enfield

London Borough

£1,292

£386,000

4.0%

Havering

London Borough

£1,169

£352,951

4.0%

Rushmoor

Commuter Town

£891

£270,423

4.0%

Merton

London Borough

£1,640

£509,252

3.9%

Watford

Commuter Town

£1,087

£334,610

3.9%

Croydon

London Borough

£1,140

£358,356

3.8%

Hounslow

London Borough

£1,352

£423,042

3.8%

Islington

London Borough

£2,003

£632,270

3.8%

Redbridge

London Borough

£1,311

£418,473

3.8%

Wandsworth

London Borough

£1,958

£624,858

3.8%

Harrow

London Borough

£1,387

£454,716

3.7%

Lewisham

London Borough

£1,316

£424,233

3.7%

Sutton

London Borough

£1,151

£377,458

3.7%

Waltham Forest

London Borough

£1,352

£437,153

3.7%

Braintree

Commuter Town

£837

£272,852

3.7%

Guildford

Commuter Town

£1,415

£461,574

3.7%

Stevenage

Commuter Town

£885

£289,009

3.7%

Southend

Commuter Town

£873

£288,327

3.6%

Bromley

London Borough

£1,307

£430,033

3.6%

Maidstone

Commuter Town

£875

£293,072

3.6%

Chelmsford

Commuter Town

£979

£330,064

3.6%

Bracknell

Commuter Town

£1,024

£345,763

3.6%

Hackney

London Borough

£1,842

£638,683

3.5%

Haringey

London Borough

£1,669

£565,343

3.5%

Richmond upon Thames

London Borough

£1,835

£633,481

3.5%

Barnet

London Borough

£1,499

£532,569

3.4%

City of London

London Borough

£2,274

£792,583

3.4%

Hammersmith and Fulham

London Borough

£2,117

£747,174

3.4%

Hillingdon

London Borough

£1,200

£417,977

3.4%

Westminster

London Borough

£3,046

£1,085,013

3.4%

Gravesham

Commuter Town

£903

£321,057

3.4%

Brentwood

Commuter Town

£1,154

£430,739

3.2%

Tunbridge Wells

Commuter Town

£1,122

£421,075

3.2%

Bishop’s Stortford

Commuter Town

£1,045

£396,304

3.2%

Camden

London Borough

£2,302

£881,096

3.1%

Kingston upon Thames

London Borough

£1,306

£506,000

3.1%

Wycombe

Commuter Town

£1,020

£410,432

3.0%

Kensington and Chelsea

London Borough

£3,023

£1,396,102

2.6%

London

London

£1,644

£485,794

4.1%

United Kingdom

UK

£959

£231,855

5.0%

London Commuter Belt Average

Commuter Belt

£999

£325,431

3.7%

Average rent sourced from Gov.uk

Average house price sourced from Gov.uk

This post has originally been featured in Letting Agent Today.