Homes for sale in central London for under £700,000 – the average cost of a Zone 2 flat

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(ES)

The average cost of a area 2 the flat is now £697,850 according to new data from estate agent Hamptons.

While considerably lower than the overall property average for the travel zone, which is creeping closer and closer to £1m, it also pales in comparison to the average cost of a home in zone 2, which s now stands at £1.79million.

Amid London’s exorbitant property prices, rising interest ratesWith record inflation and skyrocketing bills, securing a home may seem out of reach for many right now.

Prospective home buyers may welcome news of a potential stamp duty reduction, which is expected to be announced by the Chancellor today, but property experts warn that even a temporary homebuyer tax cut without broader housing market reform can drive up house prices and mortgage bills further away.

However, with interest rates expected to rise further through 2023 and into 2023, those considering buying can stick with it and look to lock in relatively low rates for as long as possible.

And there are options for savvy shoppers, if you know where to look.

From a W14 mansion to a converted pub in E1, we’ve found apartments for sale across central London boroughs – near a Zone 2 tube station – for less than the travel zone average of almost £700,000.

Chalk Farm, NW5

£699,950

    (Right movement)

(Right movement)

One two bedrooms duplex apartment with a private balcony near the Chalk Farm tube station.

Morris Day, 020 7482 4282

Tufnell Park, N7

£650,000

    (Right movement)

(Right movement)

Located on the tree-lined road of Anson, near Tufnell Park tube station, this top floor two bedroom apartment has access to a common garden.

Dexters, 020 7284 0101

Battersea, SW8

£590,000

    (Right movement)

(Right movement)

This bright two bedroom garden apartment is close to Wandsworth Road and Clapham Common stations.

Chestertons, 020 3835 2140

De Beauvoir, N1

£500,000

    (Right movement)

(Right movement)

This three bedroom apartment on the De Beauvoir estate has two private balconies. Close to Haggerston tube station.

Dexters, 020 7483 6373

Clapham, SW9

£600,000

    (Right movement)

(Right movement)

A two bedroom, first floor apartment with high ceilings. Close to Stockwell, Clapham North and Clapham High Street stations. Reduced earlier this month

Douglas & Gordon, 020 3872 5264

Camden, NW1

£699,950

    (Right movement)

(Right movement)

On the top floor of a terraced house in Royal College Street, near Camden Town tube station, is this three bedroom house.

Town of Olivers, 020 3879 5571

Stepney Green, E1

£600,000

    (Right movement)

(Right movement)

A three bedroom apartment in converted Victorian pub close to Stepney Green tube station and the Elizabeth line in Whitechapel.

Strike, 020 3834 8320

Court of the Barons, W14

£499,999

    (Right movement)

(Right movement)

A three bedroom ground floor apartment in Talgarth Mansions, a few minutes walk from Barons Court tube station.

Keller Williams, 020 7183 8614

Brockley, SE4

£475,000

    (Right movement)

(Right movement)

Close to Brockley Overground station is this three bed warehouse style apartment with two balconies and parking space.

Acorn, 020 3873 8359

Maida Vale, NW6

£600,000

    (Right movement)

(Right movement)

This three bedroom apartment is in Randolph Gardens near Kilburn Park tube station.

Braithwait, 020 3897 9992

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