When looking for accommodation, finding the right rooms to rent in London depends a lot on the location and travel zone the flat or house is located in. With an average monthly rental cost of £552, rooms in a London flatshare in Paddington, Zone 1, can cost around £1100 a month, whereas a room in Ealing, Zone 4, can be almost half of that. Council tax may also be a consideration for renters if not included in the bills. Areas like Richmond and Kingston tend to be the most expensive, averaging £1929 a year, while Wandsworth has some of the cheapest council tax rates in the city at an average of £823 a year.
28% of room renters in London are students who attend one of the numerous institutions here. London has the highest concentration of universities and higher education institutions in the world, and The University of London is by far the biggest with over 135,000 students at its campuses. Finding a London flatshare or rooms to rent in London close to this university will be costly because of its central location, but nearby train services from Russell Square Underground station make reaching here relatively easy.
Professionals renting rooms on the other hand account for 72% of the London flatshare market. For those looking for a room to rent, the average length of time it takes to find accommodation is 24 days, while the average time it takes to let a room is 26 days.
London’s eleven lines on the Underground mean that your London flatshare is located close to public transport. With trains finishing around 00.15, many buses operate 24 hour services although these can be infrequent in the early hours. If you and your London flatmate plan a night out, the city offers a variety of nightlife, from the theatre productions of the West End in Leicester Square and Soho, to the bars, clubs and live music venues of Shoreditch like Cargo and The Old Blue Last.