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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 lond
by desas 2y 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
- shawabawa3 2y 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+
- desas 2y agoYou're probably right. I just pulled it from https://www.rightmove.co.uk/house-prices/zone-2-93814.html 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 :-).