Harringay, Haringey - So Good they Spelt it Twice!
Where Harringay is on the London Underground Rent Map
The figures reflect the average monthly cost (rent or sale) of a one-bedroom property within a kilometer of each Tube station on the network. The data apparently came from Find Properly.
"average" means the median, "monthly" means every four weeks,
Originally published on The Thrillist.
Replies to This Discussion
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Permalink Reply by Felicitá on
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Does anyone know what size property is this meant to represent? It seems a bit low...
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Permalink Reply by Matt on
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Agreed, we own a two bed flat, towards the so-called 'Warehouse District' rather than the pricier Ladder, and this is some way below the rental quotes we received from estate agents in the summer when we were considering a move. Perhaps 'Manor House' is skewed by Woodberry Down, but even so a quick glance at Zoopla suggests the figure should still be higher!
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Permalink Reply by matt on
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Manor House more expensive than Highgate (surely not) ... clearly time for some nice new shiny towers up there on them thar hills. Maybe a Highgate cupboard is classed as a 1 bedroom property.
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Ah, that seems better. Interesting to see the areas that are 'equally desirable' (if rent levels lay claim to such a thing) to Manor House and Turnpike Lane.
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Permalink Reply by John McMullan on
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All of London is amazingly close together in rent considering the disparity in property prices.
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Permalink Reply by Tina S on
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But 'cost' can also mean cost of a mortgage, doesn't it - not necessarily rental cost???
The Hatton Cross one must be a typo though.
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Let's say you live in a £750,000 house in Harringay which you can rent out for £3000pcm. You can then rent a similar sized house somewhere else in London that may be worth twice as much for not much more than yours is being rented out for... weird.
The only "cost" in a mortgage is in the interest, the capital payment counts as savings.
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On the link it actually says it includes rental and for sale properties. I agree with you that the prices don't seem quite right.
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Permalink Reply by Hugh on
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The Find Properly site does indeed explain that their figures include rent and sale prices. I've altered my text above to reflect that. The Thrillist folk seem to have ignored this point and entitled their image "Rent Map".
Currently Find Properly say they have circa 45,000 properties for sale and circa 55,000 for rent. So the cost should be pretty evenly split between the cost of the two main tenure types.
I'm guessing that the number of properties on their books in places like Mayfair is pretty minimal and that what there is is very bottom end. So doubtless the shape of their 'books' significantly skews the figures
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