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  • Communer Towns 050714

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    Sanjay Anna
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    The document summarizes findings from a Lloyds Bank survey comparing property prices in London zones 1 and 2 to commuter towns at different travel distances. It shows that towns 45-70 minutes from London have the biggest price savings, with Wellingborough offering the most affordable homes that are on average £150,046 cheaper than those in zones 1 and 2. Reading station is the most used, with over 2.6 million return journeys made in 2013/14, while the 10 most popular stations saw over 15 million return trips over that period.

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    Communer Towns near London.

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    The document summarizes findings from a Lloyds Bank survey comparing property prices in London zones 1 and 2 to commuter towns at different travel distances. It shows that towns 45-70 minutes from London have the biggest price savings, with Wellingborough offering the most affordable homes that are on average £150,046 cheaper than those in zones 1 and 2. Reading station is the most used, with over 2.6 million return journeys made in 2013/14, while the 10 most popular stations saw over 15 million return trips over that period.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    16 views1 page

    Communer Towns 050714

    Uploaded by

    Sanjay Anna
    The document summarizes findings from a Lloyds Bank survey comparing property prices in London zones 1 and 2 to commuter towns at different travel distances. It shows that towns 45-70 minutes from London have the biggest price savings, with Wellingborough offering the most affordable homes that are on average £150,046 cheaper than those in zones 1 and 2. Reading station is the most used, with over 2.6 million return journeys made in 2013/14, while the 10 most popular stations saw over 15 million return trips over that period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    The capitals satellites

    This graphic shows selected findings


    from the Lloyds Bank commuter towns
    survey, which looked at differences in
    property prices between commuter
    towns and London Zones 1 & 2

    Towns with the


    biggest property
    price difference
    compared to
    Zones 1 & 2

    Towns 4570
    minutes away
    Average saving

    Towns 2540
    minutes away
    Average saving

    Towns 1022
    minutes away
    Average saving

    Zone 1 & 2
    Average
    property price

    380,000

    358,000

    276,000

    641,000

    Most popular
    commuter
    stations

    Average annual
    season ticket

    Average annual
    season ticket

    Average annual
    season ticket

    5,000

    3,700

    2,000

    59%

    Peterborough

    Saving on the cost of an


    average house compared
    to an average house
    in Zones 1 & 2

    469,400
    7,200

    Kettering
    Rugby

    477,200
    7,200

    445,300
    7,544

    Price of an annual
    season ticket

    The property price saving a commuter


    could expect to make in exchange for
    a one-hour commute

    Wellingborough

    Northampton

    490,600
    6,548

    452,000
    6,032

    Cambridge

    313,200
    5,772
    Luton

    Wellingborough is the most


    affordable commuter town with
    an average property costing

    467,400
    4,816

    Milton Keynes

    150,046

    418,600
    5,672

    in March 2014

    Hitchin
    Stevenage

    Rickmansworth

    380,100
    4,592
    Alexandra
    Palace

    Brentwood

    Tottenham

    Hanwell

    Windsor

    457,300
    8,648

    350,600
    4,856
    Basingstoke

    Bexley
    New Cross

    Hounslow
    Staines

    Reading

    Wimbledon

    Wokingham

    Rochester
    Gravesend

    Bromley

    444,700
    4,424
    Sittingbourne

    Sevenoaks

    142,700
    3,848

    Woking

    Reading is the most popular


    commuter station with

    Maidstone

    445,400
    4,640

    Tonbridge

    2.64m
    return journeys made by
    season ticket holders
    in 2013/14

    Basildon

    465,200
    3,748

    Ilford

    Swindon

    418,700
    5,740

    Chelmsford

    Watford

    Beaconsfield

    Colchester

    Harlow

    Hatfield

    Hemel Hempstead

    Oxford

    Braintree

    Crawley

    East
    Grinstead

    324,600
    3,956

    Royal
    Tunbridge Wells

    Winchester

    228,000
    5,500

    Haywards Heath

    299,800
    3,732

    Brighton

    353,800
    3,960

    15.39m
    The number of return journeys made by season ticket
    holders, from the 10 most popular commuter stations,
    in the 12 months to March 2014

    SOURCE: LLOYDS BANK, LAND REGISTRY, ATOC, NATIONAL RAIL

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