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Most expensive places to rent outside London
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Research from Rightmove suggests that the London commuter belt is home to the most expensive areas in which to rent outside of the capital.
With prices reaching record levels in a number of places, Esher was found to be the most expensive area, with a two-bed property commanding rent of almost £2,000. This was a substantial rise of 4.1% in comparison to last year.[1]
Oxford was next highest on the list, and rents for Esher and Oxford both averaged more than the outer-London norm of £1,493 per month
The top-ten most expensive areas to rent outside of the capital are:
- Esher
- Oxford
- Weybridge
- Marlow
- Ascot
- Henley-on-Thames
- Egham
- Windsor
- Bushey
- Guildford
Most expensive places to rent outside London
Double-digit growth
Sam Mitchell, Head of Lettings at Rightmove, believes that, ‘people moving out of the capital to places in the south east has contributed to double-digit growth in rents in some of the most expensive places like Oxford and Henley-on-Thames.’ She continued by saying that, ‘factors like being close to good schools and transport links will always come at a premium’ and that the figures indicate that, ‘it’s wrong to think that anywhere outside of London will definitely be cheaper than in London.’[2]
Rightmove has reported that it has passed on 73% more email inquiries from would-be renters to their landlords this year in comparison to last.
[1-2] http://www.independent.co.uk/property/top-20-most-expensive-areas-to-rent-in-britain-that-arent-london-10218491.html
