While Londoners disagree on lots of things - like whether North or South is better, or the best Tube line - there is one thing that is universally accepted in the capital - it’s ridiculously expensive to live there. It now costs on average £983 to rent a room in the city according to SpareRoom , with many areas costing much higher. So, of course, anywhere where you can snap up a bargain with good transport links is bound to go down a treat.
SpareRoom has put together a list of the cheapest London postcodes to rent a room in, with several Zone 3 areas featuring. But one area took top spot, being named London’s cheapest postcode for the period of April 1 to June 30 of this year. READ MORE: Seaside London commuter town dubbed 'new Hackney' as young people flock there from city In Chingford, renters can expect to pay on average £767 per month for a room, £216 a month less than the London average.
And, while Chingford is in travel zone five, the journey from the Overground station to Liverpool Street takes just half an hour. But more than that, the suburban town of Chingford is a popular choice as it's on the doorstep of beautiful woodlands, home to historical attractions and has a community feel. MyLondon spoke to Molly, a sales negotiator with Estates East who lives in the Chingford area: “Everyone is really friendly.
You have two main high streets, Station Road, coffee shops, normal shops, you also have Chingford Mall which has quite a few shops. “It's quite quiet re.