How much do buyers need to earn to buy a flat in London? Which areas are the most and least affordable? ...check out this graphic to see the answers plotted by tube station.
For many young buyers getting on the property ladder in the capital can feel like chasing a pipe dream. But it’s not impossible, according to TotallyMoney, which has mapped how much Londoners need to earn to afford a one-bedroom property near each tube stop across London. The calculations assume the buyer has got a 10 percent deposit handy. Seeing this data mapped visually is surprisingly useful for non-first timers as well; investors, families, upsizers and downsizers can quickly get a sense of what their £ will buy them in each of these London neighbourhoods, which could narrow the search area and save time in those early stages of a property search.