Are you looking for a place to rent in London? If so, you may be wondering what the most expensive areas are. Real estate giant Zoopla recently published their report on the rental market, which showed that there has been a whopping 9.1% increase in rent across the United Kingdom, excluding London. The capital city had an even greater annual increase of 15.7%, leaving tenants having to spend about 37% of their monthly salary on rent alone. Kensington and Chelsea are the most expensive districts to rent a two-bed house, while Havering, in east London, is the cheapest.
In Camden and Westminster, rental prices are still some of the highest in the city, at 2,056 and 2,879 pounds respectively. Cambridge is regularly among the best transport cities for workers in London. Its idyllic countryside and the 51-minute train ride to London make it the ideal place to live. Brighton is a stunning spot by the sea with direct links to London, making it the closest coastal city to the capital.
Oxford's iconic architecture is a sight to behold and offers travelers the opportunity to live in a more relaxed and slower-paced environment. Milton Keynes has excellent transport links to London, making it another popular destination for travelers. Bristol is based in South East England and is a center of art and culture. It offers travelers the opportunity to live in a more relaxed and slower-paced environment with excellent connections to the capital. Reading is another area that offers idyllic living with excellent connections to the capital.
Belfast is the capital of Northern Ireland and is popular with creatives due to its proximity to natural beauty and cultural events. Birmingham is one of the biggest cities in the United Kingdom and has great transport links to some of the biggest cities in the UK. The 15 most expensive places to rent in the UK have a lot to offer, but supply and demand are still an issue. Many of these cities say that demand for rental properties is the cause of rising prices, with private rents affected by inflation and very little social housing being built. If you're looking for a place to live in or near London, explore our apartments for rent. Being aware of things to do in London, Josh is constantly sharing lesser-known tips and recommendations with readers.
Knightsbridge & Westminster: The Richest Areas of London
Knightsbridge and the City of Westminster are among the richest areas of London, traditionally elegant areas home to many affluent neighborhoods.Buckingham Palace, Houses of Parliament and 10 Downing Street are all located in Westminster, home of Queen Elizabeth II. Kinleigh Folkard & Hayward provide home prices and property data for Knightsbridge, West Brompton, Kensington Palace and Chelsea. Boutique shopping can be found throughout London, as well as many British celebrities who have called Chelsea home such as Rowan Atkinson, Sir Richard Branson and Stella McCartney. When it comes to renting property in London, it's important to be aware of what areas are most expensive so you can make an informed decision about where you want to live.
With so many options available from Cambridge to Belfast, there's something for everyone when it comes to finding a place to call home.