Essex Beats Herts and Kent to Take Top Ranking London Commuter Hotspot County
New research by TotallyMoney suggests Essex is one of the best counties for London commuter hotspots, with Hertfordshire and Kent following close behind.
Interactive tool: https://www.totallymoney.com/commuter-hotspots/ Information and analysis: https://www.totallymoney.com/commuter-hotspots/information/ The research defines a commuter hotspot by looking at average house price, length of commute time into London by train, the cost of an annual season ticket, and the town’s life satisfaction score. It then ranks 116 towns in order of most desirable commuter location, to least. Three Essex towns — Purfleet (close to Lakeside Shopping Centre), Laindon, and Grays — sit in the top 10, ranking first, sixth, and eighth respectively. All three have journey times into London of less than 40 minutes and have reasonably priced season tickets, both factors contributing considerably to their top rankings. They do well for life satisfaction, too, with all three towns scoring a respectable 7.77 out of 10. Pitsea and Harlow rank 13th and 19th to bring the total for Essex towns in the top 20 to five. Following closely behind… Hertfordshire towns Waltham Cross and Cheshunt take second and third place, with journey times into London of less than 30 minutes and season ticket costs of £1,968 and £2,220. Hertfordshire this year falls short as the top performing county, as 2017 hotspot runner-up Bushey drops to 15th place. While Hertfordshire does take six spots in the top 25, its positions don’t rank as highly as Essex’s. Gravesend and Swanley in Kent take fifth and ninth position. Although Gravesend and Swanley have cheaper average house prices than the Hertfordshire towns, their season tickets are significantly more expensive, pushing them lower down the rankings.
Top 25 London Commuter Hotspots
House Price (Zoopla)
Season Ticket (National Rail)
Taking last place… The research showed Virginia Water, Surrey, to be the worst performing town as a London Commuter Hotspot. Despite life satisfaction scoring well, the average house price here is £1,408,785 and makes the town an out-of-reach commuter hotspot for many, sending it to the bottom of the rankings. Oxford, Oxfordshire, takes second-from-last place. The average house price is just over half a million, the journey time into London is four minutes shy of an hour, and season tickets will set commuters back nearly six grand. Find your best commuter town Based on the findings, TotallyMoney has built an interactive tool to help users find the best commuter town for their personal needs. They can input their house price budget, how much they’re willing to spend on a season ticket, and how long they want to travel for to reveal the towns that are the most suitable for them. TotallyMoney Head of Brand and Communications Joe Gardiner said: “Like so many life decisions, finding your perfect home is about balancing what’s important to you. “While house prices have a massive impact on where people buy, it’s not the only influencing factor. We hope our research will open people’s eyes to locations they might not have thought of previously.” About TotallyMoney TotallyMoney provides customers with a Free Credit Report and Live Score that puts them right at the centre of their credit data, helps them make smarter decisions, and take control of their finances. TotallyMoney’s unique Borrowing Power algorithm shows customers how likely they are to be offered credit by real-world lenders. TotallyMoney was named Best Credit Report Provider at the 2018 Moneynet Personal Finance Awards. TotallyMoney won the Innovation in Customer Contact award at the 2017 Credit Awards for their intelligent email alerts service. These personalised monthly emails tell users about products that could help them, based on their credit eligibility. TotallyMoney is an independent credit broker, not a lender. It provides a free comparison service to customers, though they may be paid a fee by lenders. How much they get paid doesn't influence how the service works or the ranking of any credit products presented to customers.
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