MINUTES
Journey time from Central London
5 MILES
WITHIN
The London Report 2022 | The price/travel trade-off 7
50
10
15
20
25
30
35
40
45
Weekly rent versus
journey time
Average rents also
generally reduce with length
of commute. The exception
in 2021 were homes
between 5 and 10 minutes
from central London, which
attracted a small premium
while average rents saw
some falls in the most
central parts.
PRICE
VERSUS
TRAVEL
TIME
£474
PREMIUM£448
Average weekly rent
-27.6%£367 £325
£286
-32.7% -36.3% £428 £407 £372
£302
+5.8%
-9.2%
-4.6%
-17.0%
LETTINGS
-18.2%
DISCOUNT
ALONG THE PRICE/
TRAVEL TIME
CONTINUUM, THERE
WILL ALWAYS BE
PLACES THAT BUCK
THE TREND, WHERE
PRICES APPEAR
LOWER THAN
EXPECTED.
Where these places coincide with areas of regeneration
and infrastructure improvements, opportunities for
owner-occupiers and investors emerge.
45%
56%
2021
2015
TENANTS WORKING
IN CENTRAL LONDON
LIVE WITHIN
5 MILES
OF WORK
Dataloft Rental
Market Analytics Dataloft, Foxtons 2021