Monday 11th February 2019


The most uninhabitable London boroughs for tenants unveiled

New research has identified London’s most uninhabitable boroughs for the capital’s tenants, based on the cost of living there to the average monthly wage of its residents.

The study from ideal flatmate looked at the average earnings compared to the average rent of a one-bedroom property, the varying cost of travel cards and council tax across each borough, and the average spend on food, energy bills, internet at phone across London. But other basic outgoings such as clothing or leisure activities were not factored in.

No fewer than 12 out of the 32 boroughs were found to be completely uninhabitable, with the basic cost of living accounting for, or exceeding, the average monthly earnings. A further 13 boroughs saw this cost of living account for 90% or more of the average wage.

Kensington and Chelsea, London’s most expensive borough, tops the list as London’s most uninhabitable, with home to a basic cost of living of £2,452 a month, 117% of the average monthly net pay in the borough.

The London Borough of Brent is not far behind, with the monthly cost of living reaching 116% of the average monthly pay of £1,587 for those living in the borough.

Hackney, Hounslow, Enfield, Newham, Camden, Ealing, Haringey, Barnet, Waltham Forest and Barking and Dagenham are all also home to a cost of living that accounts for all, or more, of the average monthly earnings for those in the borough.

A further 13 boroughs saw the cost of living exceed 90% but there is some hope for the capital’s tenants.

 The cost of living in Bromley hit £1,597, just 80% of the average monthly net income of £2,002, making it the most affordable place to rent in London.

Wandsworth, Bexley, Havering, Croydon, Richmond and perhaps surprisingly, Hammersmith and Fulham, all saw the cost of living sit at below 90% of the monthly average wage for residents in these boroughs.

Tom Gatzen, co-founder of ideal flatmate, commented: “While Brexit uncertainty has seen a slow in the sales market, we’ve continued to see the level of London rents climb by nearly 5% on an annual basis.

“Although unemployment has been falling and wage growth has been on the up, this research demonstrates how vast the reality gap still is between the money available and the cost of living in London. We’ve only looked at the very basics and this research hasn’t factored in things like clothing and leisure but of course, the main outgoing driving this unaffordability is the price of rents.

“With such high levels of unaffordability across the capital, it’s no wonder we’ve seen such a surge in demand for room shares. The reality for those looking to rent in London is to pay through the nose, share with a friend or partner, or to move in with people in the same situation.

“Luckily, the latter has changed drastically in a few short years and it is no longer the daunting experience it once was, thanks to greater compatibility checks ensuring that it isn’t just the property that is right for a tenant, but the people they’re sharing with as well.”

Borough

Average Monthly Wage

Average Rent (1 bed)

Monthly Travel Card

Food

Elec, gas, water

Council Tax

Internet & phone

All

Percentage of Pay

Kensington and Chelsea

£2,102

£1,950

£134.80

£30

£146

£113.09

£77

£2,452

117%

Brent

£1,587

£1,250

£194.00

£30

£146

£150.69

£77

£1,849

116%

Hackney

£1,793

£1,495

£158.30

£30

£146

£138.42

£77

£2,046

114%

Hounslow

£1,740

£1,300

£246.60

£30

£146

£147.21

£77

£1,948

112%

Enfield

£1,585

£1,100

£246.60

£30

£146

£156.62

£77

£1,757

111%

Newham

£1,585

£1,200

£158.30

£30

£146

£126.75

£77

£1,739

110%

Camden

£2,008

£1,582

£134.80

£30

£146

£149.88

£77

£2,121

106%

Ealing

£1,704

£1,200

£158.30

£30

£146

£145.01

£77

£1,757

103%

Haringey

£1,772

£1,250

£158.30

£30

£146

£158.68

£77

£1,821

103%

Barnet

£1,741

£1,150

£230.40

£30

£146

£149.39

£77

£1,784

102%

Waltham Forest

£1,721

£1,075

£230.40

£30

£146

£162.62

£77

£1,722

100%

Barking and Dagenham

£1,585

£950

£230.40

£30

£146

£150.42

£77

£1,585

100%

Harrow

£1,746

£1,050

£246.60

£30

£146

£170.07

£77

£1,721

99%

Southwark

£1,885

£1,300

£158.30

£30

£146

£133.88

£77

£1,846

98%

Tower Hamlets

£1,990

£1,430

£134.80

£30

£146

£128.93

£77

£1,948

98%

Westminster

£2,367

£1,842

£134.80

£30

£146

£71.54

£77

£2,302

97%

Islington

£2,152

£1,517

£158.30

£30

£146

£143.94

£77

£2,073

96%

Lewisham

£1,782

£1,100

£194.00

£30

£146

£150.85

£77

£1,699

95%

Hillingdon

£1,729

£1,000

£246.60

£30

£146

£141.69

£77

£1,642

95%

Merton

£1,900

£1,200

£194.00

£30

£146

£150.33

£77

£1,798

95%

Greenwich

£1,842

£1,150

£194.00

£30

£146

£143.93

£77

£1,742

95%

Lambeth

£1,970

£1,300

£158.30

£30

£146

£139.59

£77

£1,852

94%

Redbridge

£1,791

£990

£230.40

£30

£146

£156.07

£77

£1,630

91%

Kingston upon Thames

£1,987

£1,100

£246.60

£30

£146

£181.28

£77

£1,782

90%

Sutton

£1,754

£925

£230.40

£30

£146

£161.39

£77

£1,571

90%

Hammersmith and Fulham

£2,135

£1,400

£134.80

£30

£146

£102.91

£77

£1,892

89%

Richmond upon Thames

£2,127

£1,200

£246.60

£30

£146

£171.88

£77

£1,872

88%

Croydon

£1,783

£900

£246.60

£30

£146

£164.83

£77

£1,565

88%

Havering

£1,762

£875

£246.60

£30

£146

£166.96

£77

£1,542

88%

Bexley

£1,679

£800

£246.60

£30

£146

£159.91

£77

£1,460

87%

Wandsworth

£2,159

£1,365

£158.30

£30

£146

£75.10

£77

£1,852

86%

Bromley

£2,002

£950

£246.60

£30

£146

£146.28

£77

£1,597

80%

Rental data sourced: Mayor of London

Average earnings data sourced: ONS

Average council tax for each borough sorced: KFH

Other costs of living sourced: ONS


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