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by desas 506 days ago
A £1.3 million house in London on a 10% deposit and a 4.7% interest rate over 30 years would be £6094 per month.

The average price for a terraced house in london zone 2 is £1.7 million
1 comments
shawabawa3 505 days ago
> The average price for a terraced house in london zone 2 is £1.7 million

I have a feeling that data is wrong. If it's accurate it's definitely been pushed up by huge outliers on the top end (like £50+M properties in Chelsea and west ken that are zone 2)

I think the median zone 2 terraced house is more like £1m, can't find a statistic but I just bought a £1.5m house in hackney and there were 10 £1-1.3m properties for every £1.7m+

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desas 505 days ago
You're probably right. I just pulled it from https://www.rightmove.co.uk/house-prices/zone-2-93814.html without too much thought.

Still, a £1.3m house isn't completely infeasible in London :-).

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