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Here's what you can buy with £500,000 in different areas of London

By Daisy Mason

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Dependent on which area you choose to live in and what kind of property you're looking for, the prices of London's properties vary dramatically. But here we show you just how varied the capital's property market is, by comparing a range of homes that all have an asking price of £500,000.

Two bedroom flat in Willesden Green

Set within a period conversion, this charming two bedroom flat has a lovely homely feel about it and is typical of the well maintained properties we see in Willesden Green. It has been refurbished throughout to an excellent standard and there is also access to a shared garden.

Three bedroom house in Croydon

Offering well proportioned living space with a conservatory and a garden, this elegant three bedroom house in Croydon is on the market for £500,000. Over the past few years, Croydon has seen huge changes to its town centre and its popularity rises by the day, so we're sure it won't take long for someone to snap up this lovely family home.

One bedroom flat in London Docklands

In various stages of construction, London City Island is set to become a residential and commercial hotspot just outside of Canary Wharf. For £500,000, you could buy a brand new one bedroom apartment with access to luxurious communal facilities and a private balcony.

Four bedroom flat in Hackney

Like Shoreditch, Hackney has become one of the coolest areas to live in London, with new cafes, bars and event spaces popping up all the time. This four bedroom ex-local authority flat is just down the road from Hackney Downs Station and is modern throughout.

Five bedroom house in Enfield

In the leafy north London suburb of Enfield, you will find this large five bedroom family house with an asking price of £500,000. Arranged over three storeys, there is space for a separate dining room and a garden at the rear.

One bedroom flat in Angel

With an N1 postcode and only a few minutes' walk from Angel Underground Station, this bright one bedroom apartment is set within a converted Victorian School and has a double-height reception room with a mezzanine-level bedroom overhead.

A studio in Earl's Court

Located on desirable Philbeach Gardens and just a short walk from Earl's Court Underground Station and the fantastic amenities the area has to offer, this studio flat with a separate kitchen and private patio will set you back £500,000.

Two bedroom flat in Peckham

Situated in the Pelican Estate, this two bedroom flat benefits from a stylish makeover and incredible views over London from two balconies. It's located close to bustling Rye Lane, Peckham Rye Station and Peckham Road, where you'll find everything this fashionable area of London has to offer.

Three bedroom house in Plaistow

Recently refurbished throughout, this three bedroom house in Plaistow has a large usable lower ground level, a separate dining room and a garden, as well as a convenient location within walking distance of Plaistow Underground Station and Plaistow Park.

Four bedroom house in Mitcham

For £500,000, you could buy this four bedroom end-of-terrace house in Mitcham that's in need of modernisation. It's the perfect project for someone who is looking for the space for a family, but with a more affordable price tag.

If you're ready to shop, read our guide to buying a flat in London. Working with a smaller budget? Read: flats for sale in London for under £500k.

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