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10 cheapest places to buy a property in London

By Daisy Mason

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(This article has been updated - click here to see the cheapest places to buy property in London in 2018)

Here, we've listed the cheapest places to buy a property in London according to the UK House Price Index*. Whether you're stepping onto the London property ladder for the first time, or you're looking for your next investment, these are the most affordable London boroughs.

As you can see from the map graphic above (cheapest boroughs shown in dark green), it is east London that dominates our list of the most affordable London areas.

The London Borough of Barking and Dagenham is at the top with the lowest average house price of £285,085, although the surrounding boroughs of Bexley and Havering are close behind.

While there is a considerable £124,163 difference between the top and bottom places on this cheapest places to buy in London list, the figures are a far cry from the average property price in London's most expensive borough, Kensington and Chelsea, which stands at £1,369,708.

Scroll through to see the 10 cheapest places to buy a property in London in ascending order.

barking high street
Barking High Street, Barking

Barking and Dagenham

Average property price*: £285,085

erith pier
Erith Pier, Erith

Bexley

Average property price: £334,191

langtons house
Langtons House, Hornchurch

Havering

Average property price: £358,251

westfield stratford
Westfield Stratford, Stratford

Newham

Average property price: £364,137

Properties to buy in Newham

croydon skyline
Croydon

Croydon

Average property price: £365,445

Properties to buy in Croydon

beddington park
Beddington Park, Sutton

Sutton

Average property price: £376,836

Properties to buy in Sutton

Queen's House, Greenwich Park
Queen's House, Greenwich Park

Greenwich

Average property price: £385,103

Properties to buy in Greenwich

New Cross Gate Station
New Cross Gate Station, New Cross

Lewisham

Average property price: £407,777

Properties to buy in Lewisham

Enfield Market
Enfield Market, Enfield

Enfield

Average property price: £407,921

Properties to buy in Enfield

Woodford Underground Station
Woodford Underground Station, Woodford

Redbridge

Average property price: £409,248

*UK House Price Index April 2017

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