CBRE has reported for the second year running that Basildon is London’s most affordable commuter location.
The news follows research undertaken by CBRE, which has identified the Top 10 Most Affordable and Top 10 Most Sought After commuter locations in the South East of England.
Jennet Siebrits, Head of Residential Research at CBRE, comments:
“The combination of a lower average house price with affordable train fares into the capital city means that areas such as Basildon, Luton and Harlow have maintained their ‘Top 3’ position for increased value for money in London’s commuter belt.
“Interestingly, Rickmansworth takes third position in the Most Sought After category, and is a brand new entry from last year. The area’s average house price of £563,655 coupled with a journey time of just 27 minutes into London, means that this small Hertfordshire town is set to witness a su