Ishaan Malhi

Oxshott named least affordable London commuter town

Oxshott in Surrey has been revealed as the most expensive London commuter town, according to the latest research.

The study by Trussle found that the average total monthly cost of living in the town was £7,934 after factoring in house prices, mortgage payments and rail season ticket costs.

Oxshott was found to have an average property price of £1,988,814.

The online mortgage broker took into account the duration of commuting by calculating the monetary value of this time using the average London wage.

More than 300 towns within a 75-minute travel time of central London were analysed.

Apsley in Hertfordshire was revealed to be the most affordable commuter town, with a total monthly cost of £1,466.

Trussle’s list contains the 20 most affordable and 10 most expensive commuter towns.

Ishaan Malhi, founder and CEO at Trussle (pictured above), said: “House prices in London are unaffordable for a lot of people, so it’s little wonder that so many workers choose to commute from areas where they can get more for their money.

“This often comes at the price of hefty rail fares, and with the rise in transport costs, it’s important homeowners are taking this into consideration as they look to move house.”

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