Family homes for £400k in these commuter hotspots that London leavers need to know
Rising interest rates have squeezed buyers’ budgets like an empty tube of toothpaste.
Londoners moving out of the capital last year spent an average of £415,000, according to research by Hamptons — down from £505,000 in 2022.
But diminished spending power does not mean a lack of choice —far from it.
There are some really great options for buyers within a reasonable commute of London where a compact family home could be yours for just over £400,000.
From pretty-as-a-picture villages to seaside retreats and buzzy small cities, these are our pick of the best options if you are planning an exit strategy this year:
Instagram friendly: Saffron Walden, Essex
Charlotte Kewley and her husband, Jonathan, bought their house in Saffron Waldon on the strength of a picture that dropped on their Instagram feed.
Although it showed only the Edwardian semi’s front door and garden, it was enough of a taste to convince them to uproot themselves and their children from London and move to the ancient market town of
