London locations where you can buy property for below the Capital's average price

London locations where you can buy property for below the Capital's average price

5 locations where you can buy property below the Capital's average price

The average London property price stands at £660,754. The average price for a flat in London is £532,056 and a terrace house £711,659. We're taking a look at five different London locations, where you can buy property below the Capitals average price.

Acton W3

Acton benefits from good value property, great parks and good public transport connectivity to Central and other parts of London. There are plenty of good local restaurants and Acton Market which operates Wednesday to Saturday where you can buy a multitude of different things from jewellery to street food.  It's home to the popular and quirky circus themed Aeronaut pub with a beer garden and offers up Circus performance entertainment on Friday and Saturday evenings. The average price for a flat in the leafy, vibrant location of Acton is £371,697 and for a terrace house £454,212.

Royal Victoria Dock E16

Royal Victoria Dock offers a convenient location for getting into the City, and it's especially close to Canary Wharf. The area has a pleasant waterfront where you can see the emirates cable cars going overhead.  Properties in one of the areas earlier developments Britannia Village offer especially good value for money, where you can buy a 2 bed flat from £350,000. The average flat in this area sold for £410,471 and terrace house £371,210.

Stratford E20

Stratford has come a long way thanks to all the regeneration the area underwent in preparation for the 2012 Summer Olympics.  As a result, it is home to the impressive Queen Elizabeth Olympic Park.  The Westfield Shopping Centre in Stratford is one of the largest urban shopping centres in Europe. Which means there are plenty of restaurants, cafes and shops to keep you entertained. You can still get good value property here, with the average price for a flat in Stratford being £371,989 and for a terraced house £460,332.

Osterley TW7

Osterley has a good range of property available. It is home to the National Trusts Osterley Park and House where you can enjoy cycling or a tranquil walk. The area also has several good and outstanding schools. You will also benefit from being in close proximity to Heathrow airport for when you want to get away on your holidays. The average flat price in this location is £327,787 and terrace houses £554,713.

Colliers Wood SW19

Colliers Wood benefits from good schools, competitively priced property and the National trusts Wandle Park. This location also offers better value in comparison to neighbouring Clapham, Balham and Tooting. The average price of a flat in this area is £354,528 and average terrace house £503,459. This means that you can buy a house for less than the average flat price in the Capital.

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