London property: The cheapest (& most expensive) places to buy new builds
Housing in London is trying to keep up with the fast growing population, and new builds in Bexley, Croydon and Hounslow have been revealed as the cheapest in the capital.
New research from Compare My Move has looked into house price data across the UK to reveal the price difference between new and existing homes and where it is most affordable to buy a new build.
Top 10 cheapest areas to buy a new build in London
|
Rank |
Local authority |
New build average price |
|
1 |
Bexley |
£347,018 |
|
2 |
Croydon |
£367,549 |
|
3 |
Hounslow |
£386,096 |
|
4 |
Enfield |
£387,647 |
|
5 |
Barking and Dagenham |
£397,027 |
|
6 |
Havering |
£403,708 |
|
7 |
Harrow |
£412,384 |
|
8 |
Sutton |
£413,042 |
|
9 |
Lewisham |
£420,328 |
|
10 |
Greenwich |
£422,800 |
Top 5 most expensive places to buy a new build in London
|
Rank |
Local authority |
New build average price |
|
1 |
Kensington and Chelsea |
£1,167,805 |
|
2 |
Westminster |
£1,006,564 |
|
3 |
City of London |
£930,033 |
|
4 |
Camden |
£820,735 |
|
5 |
Hammersmith and Fulham |
£671,776 |