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London’s Most Expensive Tube Lines
1st – Circle Line
Average house price – £ 1,329,792
51% of average house prices on the Circle Line are above £1 million. Furthermore, the entire line of 35 stations do not have a location cheaper than £609,965 (Aldgate).
High Street Kensington takes the crown for the most expensive location on the Circle Line, with an average property costing an unbelievable £3,146,600.
Sloane Square comes second at £3,015,195, with Great Portland Street, St. James’s Park, Notting Hill Gate, and South Kensington following closely with prices within the £2 million bracket.
The remaining tube stops above a £1 million all reside in London’s Zone 1 and include the likes of Westminster, Victoria, Paddington and Baker Street – besides properties in Ladbroke Grove (Zone 2), which average at £1,123,882.
Circle Line by Sold.co.uk
2nd – Jubilee Line
Average house price – £1,176,869
The Jubilee Line spans from Stanmore in Zone 5 down to the likes of Stratford, West Ham, and Canning Town. The line opened in 1979 and soon became an intrinsic part of city life. Today, the line has grown significantly and is home to 27 stations, many of the more central locations shared with the Metropolitan Line.
Given that over half of the stops along this line are shared with the Central, Victoria, Metropolitan and District Lines, it makes sense that the Jubilee Line takes the spot as the second most expensive to live on in the city.
The dizzying average house price of £7,608,736 in Bond Street tops the list followed by the familiar Green Park, St. John’s Wood, Baker Street, and Southwark. A further 22 of the Jubilee Line’s stations vaunt an average property price of over £658,987.
Potential property buyers hoping to buy outside of Zone 1 and 2 on the Jubilee Line will still need a minimum 10% deposit of around £55,000 to secure a home.
Jubilee Line by Sold.co.uk
3rd – Victoria Line
Average house price – £ 1,175,403
The Victoria Line spans London’s inner-city Fare Zones 1 to 3. With the average price of a property on the line a staggering £1,175,403 it is no surprise that it is the third most expensive in the capital. The Victoria Line is one of London’s most well-trodden and it was the first deep level underground line to be built in the capital since 1907.
The line’s most expensive location to live is Green Park, with an average property price of £5,463,846. The Zone 1 station is not alone, with Oxford Circus, Warren Street, Victoria, and Highbury & Islington, all with average asking prices over £1 million.
This cluster of locations are located in Central London, providing unparalleled transport links and easy access to workplaces, retail, and leisure opportunities.
This sort of access comes at a premium. Even areas which were once considered more affordable in the city, such as Vauxhall and Brixton have unachievable property values, particularly for first time buyers, and gentrification is to blame.
Brixton is slightly easier at £546,430 but a property in Vauxhall will set you back an average of £955,935– you’d need a deposit of just over £95,000.
Victoria Line by Sold.co.uk
London’s Least Expensive Tube Lines
1st – DLR
Average house price – £504,102
Greeting 92.3 million passengers per year, the DLR Line is one of the most important routes on the London Underground system. The line opened in 1987 when it only had 15 stops, and has had six more expansions since that time, until 2009, when it was finally complete. The DLR is also the only line – besides Piccadilly – to connect to an airport in London. The DLR can take you straight to London City Airport.
If you were thinking of purchasing a property on the DLR you would need an average deposit around £50,500 as property prices tend to hover around £504,102. Over half of the DLR’s stations have an average property below £500,000, all of which are Zones 2 to 3 locations. The top three most expensive are Tower Gateway (£976,553), Canary Wharf (£861,004) and Bank (£810,608).
DLR by Sold.co.uk
3rd – Metropolitan Line
Average house price – £767,707
Colloquially known as the Met, the Metropolitan Line is a behemoth spanning 40 miles and home to 34 stations.
Properties on this line are some of the most affordable in the city, with an average property price of £767,707. However, there are some surprises when you delve into specific locations. Generally speaking, the further you head out of central London, the cheaper the property prices are.
However, there are exceptions. You could live on the Met line’s Zone 6 Uxbridge for £359,830; the cheapest location on the line.
Seven of the line’s stations boast properties available for under £500,000, closely followed by Zone 4 station, Wembley Park, which stands at an average property price of £506,567. Surprisingly, the cheapest and most central location on the Metropolitan Line is Aldgate, with an average property price of £609,965.
As you would predict the most expensive properties well into the millions are located around Great Portland Street, Finchley Road and Baker Street.
However, there were some surprising entries edging towards the top. Chalfont & Latimer and Moor Park – both Zone 6 stations – are more expensive to buy a house in than King’s Cross St. Pancras.
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