Top 10 commuter towns to London - TotallyMoney.com have ranked the best commuter towns, taking house prices, cost of commute, commute time and overall life satisfaction into consideration.

Top 10 commuter towns to London
Getty Express
 

Top 10 commuter towns to London

It is London commuter towns that are feeling the greatest hit to property values - despite the fact that these areas have previously been considered high-value areas and good for investment.

Many experts have tipped areas such as Reading for a property boom after the announcement of Crossrail, however, house prices in the area are falling now. 

London commuter towns – more than anywhere else in the UK - are seeing a growing number of properties reduced in price, according to research by online estate agents HouseSimple.com. 

The top ten towns or cities with the largest percentage of growth in reduced properties, comparing February and August, are all within an hour of central London by train.

Top 25 commuter hotspots

GETTY

House prices: Value falling in commuter towns where buyers were thought to have made investments

Reading has a commuting time of 30 minutes and property prices have risen more than 30 per cent over the past five years. This is no longer the case.

The research found that 44 per cent of properties currently for sale in the Berkshire town has been reduced in price since they were first advertised. 

That compares to 22.8 per cent of properties on the market in February 2017 that had a price reduction. 

Eleven out of the 20 towns with the biggest drop in value from property were in the south or south east.

Top ten towns where house prices have been reduced:

1. Reading

2. Basingstoke

3. Basildon

4. Chelmsford

5. Woking

6. Winchester

7. High Wycombe

8. Watford

9. Luton

10. Northampton

Berkshire houses

GETTY

House prices: Over a third of properties for sale have been reduced in price

House prices have been stalling and now experts warn that the UK property market is in peril.

Property for sale in the UK is hard than ever for Britons to buy - causing fears of a market crash. 

Now experts have warned of a ‘crisis’.

Experts have warned that government needs to cut stamp duty to stop “UK’s legacy as a property-owning democracy is at risk of vanishing.”

www.express.co.uk

 

Courtsey of: www.housesimple.com