REVEALED: The commuter towns that could save home buyers almost £500,000
Wellingborough, Southend, Sittingbourne and Rugby are around 60 minutes from the capital and have an average house price of £294,903, more than half the typical price of £741,919 for a property in central London, Lloyds Bank found.
The difference would save buyers a staggering £447,000 - or around 60 per cent - on property prices.
Even when taking account of the extra travel costs, typically £4,989 a year for a one-hour daily commute, buyers stand to save hundreds of thousands of pounds.
Wellingborough in Northamptonshire was identified as being the most affordable commuter town, where the... read more
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