
Tenants could halve their rental costs each month by moving from an average priced location to the least expensive postcode in their borough, according to a report which reveals the capital’s best-value postcodes by online estate agent Emoov.
The so-called ‘bargain’ postcodes are not cheap, but they do offer relative value for those who wish to stay in, or at least close to, their preferred neighbourhoods.
And many of the areas offer cheaper rental rates than the London average of £2,002 per month.