An interactive affordability map by reallymoving reveals the most affordable areas for first-time buyers in London. It allows users to search by budget and number of bedrooms, visually representing affordability with a color-coded system. The average budget for a first-time buyer looking for a one-bedroom flat is £315,000. Optimal regions include east London, Essex, and Kent, particularly areas like Canning Town and Stratford, which show 90% or more properties within budget. Other notable areas include Brixton and Tower Hamlets, with several other affordable spots accessible by train to central London.
The interactive affordability map allows buyers to search for a home by budget and number of bedrooms, highlighting green, orange, and red zones for property affordability.
The capital's east end presents significantly more home options within the first-time buyer's budget, with areas like Canning Town and Stratford emerging as affordable.
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