The commuter town that’s always getting named one of the cheapest places to live within an hour of London

Living in London is expensive, we all know that.

Most people that are looking to buy their first home could only dream of owning a property in Zones 1 – 4.

Moving to a commuter town is generally the most feasible option for first time buyers and there’s one place in Essex that is consistently named as having the cheapest property prices.

READ MORE:The pretty market town less than 90 minutes from London with countryside views where you can buy a period property for an average of £225k

Purfleet is 30-49 minutes away from the capital

Purfleet-on-Thames, also known as Purfleet, is the perfect place to escape the hustle and bustle of London living whilst also enjoying a quick commute.

With commuting times of only 40 minutes into London, it’s easy to see why a lot of people are choosing to settle here.

Not only is the town close to the city, but the house prices are much lower than the average here in London.

According to Zoopla, Purfleet has the lowest mortgage payments as a percentage of household income in the east at 16 per cent.

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The average household gross income stands at £65,255, while the average price of a house is just £230,900.

London estate agents Benham and Reeves analysed the latest house prices data from Zoopla and Rightmove and found out which Essex towns are affordable for Londoners.

Purfleet-on-Thames was second in the top ten most affordable commuter towns in the UK, in regards to London.

While it is practical that the town is so close to London, those who live there also have everything they need on their doorstep.

Purfleet is close to Lakeside and Bluewater shopping centres, offering a huge choice of shops and restaurants.

In 2020 the town’s name was officially changed from Purfleet to Purfleet-on-Thames in an attempt to attract investment.

The people behind the two-year campaign for the switch hope it will make it a “destination of choice”.

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Director of Benham and Reeves, Marc von Grundherr, said: “The London commuter belt has been one of the hottest pockets of the UK property market for years and as transport links to the capital have improved, the definition of what’s commutable has seen this area of the market grow, boosting property values in the process.

“Despite this sustained level of demand, the commuter belt still offers outstanding value for those priced out of the London market and the sweet spot certainly seems to be around a 40 minute commute when it comes to the mix of journey times and property affordability.

“While the notion of a move to the sticks to work remotely during the pandemic has been a lovely one, we’re now starting to see momentum build across London and the surrounding areas.

“After a prolonged period of working from home, many are realising it’s not all it’s cracked up to be and are now returning to the workplace, albeit at a reduced level.

“In this respect, the commuter belt should become even more desirable as it provides the ideal mix of affordability, more property for your money, more open and green spaces but with the convenience of a quick commute when it is required.”

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