FAQs About Moving to City of London!
Compare My Move have gathered all the important information to inform you of everything you need to know about your move to City of London. Our removals data shows the average removal company cost in City of London is currently £1,075.
We also found that August is the most popular month to move house. The average property price for City of London stands at £1,028,271. For those looking to rent, the average cost is £2,468 pcm.
- How Much Are House Removal Costs In City of London?
- What is The Best Time of Year To Move in City of London?
- What Is The Best Day Of The Week To Move In City of London?
- Most Popular Locations for City of London Movers?
- What Are The Average Property Prices In City of London?
- What is the Average Rent in City of London?
How Much Are House Removal Costs In City of London?
Compare My Move have worked hard to research everything you need to know for your upcoming move to City of London. Our data shows that the average cost of a removal company in City of London is £1,075, with the lowest price being £759 and the highest was £1,392.
The true cost of your removal company will be different for each person. The size of your move, the distance travelled, the day you choose and the removal company's rates will all have an effect on the overall price.
To get the best price for your removals, it's important to compare quotes from a few removal companies to weigh up your options.
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What is The Best Time of Year To Move in City of London?
The best day for a house move in City of London is August, with 12.50% of all moves happening in this summer month.
Followed closely by February, 11.36% opted for a move at the start of the year. With August and February seeing school holidays, many families try to fit their move and time off work with their children's school holidays.
There’s no surprise that December only saw 3.41% of all moves. The darker and colder days make it less appealing to pack up and move house, but rest assured, our Compare My Move removal companies make it stress-free to move house at any time of the year.
What Is The Best Day Of The Week To Move In City of London?
The most popular day for a house move in City of London is a Friday, with 23.86% of people opting for this day. The second favourite day is Saturday, with 22.73% of our City of London movers choosing this day to book their removal company.
Tuesday is the least favourite day, with just 6.82% of movers choosing a mid-week move. With more people opting for a weekend move over a weekday move, we can see why it’s popular with the extra time off work to settle in their new home.
We have removal partners all over London to help with your house move any day of the week. Remember, some firms will lower their prices at quiet periods to keep their work up, so it's worth asking about this.
Most Popular Locations for City of London Movers?
According to our data, the most popular location for a move outside of City of London was Hammersmith and Fulham, Lambeth and Tower Hamlets, with each borough seeing 20% of all moves.
Tower Hamlets and Lambeth both offer more affordable property prices than City of London, so we can see why almost half of all moves went there. With all the top 4 locations offering excellent transport links around the city as well as exciting job opportunities, it's not a surprise they're so popular.
Below we’ve listed the top 4 destinations our City of London movers chose to set up home. We’ve included the average house price as well as some information about the area to help with your search.
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- Hammersmith and Fulham
Increasingly popular amongst young professionals and families, Hammersmith and Fulham has an average house price of £1,030,525.
- Lambeth
One of the most popular locations for our London movers, Lambeth saw 20% of all moves from City of London. With an average house price of £920,638, Lambeth is a sought after area to live.
- Westminster
Another sought after London borough, Westminster saw 20% of all City of London movers. The average house price is £1,244,543.
- Tower Hamlets
Tower Hamlets offers both a diverse and vibrant area of London, so there’s no surprise that 10% of movers chose the borough. The average house price is £552,291.
What Are The Average Property Prices In City of London?
If you’re staying in and around City of London for your house move, it’s important to know a bit about the area. The average property price in City of London is a high £1,028,271, so property is extremely sought after.
In February 2021, house prices took a massive -15.5% yearly dip and a -12.5% monthly decrease, so it could be a good time to look at buying property in City of London.
Over the last 12 months, the most expensive area to buy within City Of London was the EC3 area, with the average property price set at £1,751,000. The cheapest place to buy property was Smithfield, with the average price at £605,700.
We’ve listed 4 areas of City of London to help you with your house and area hunt, including their average house price as well as some important information about each area. It’s worth noting that a lot of areas in City of London are spacious apartments and maisonette type flats.
- Aldersgate
As one of only two primarily residential wards in City of London, Aldersgate has a high average property price of £965,000.
- Barbican
A popular and well-maintained residential estate, Barbican offers flats and maisonettes for an average price of £935,310.
- Aldgate
Aldgate has seen a lot of regeneration and is tipped as an up and coming area, hence the property price remains low for London prices at £677,455.
- Holburn
Offering great schools and transport links, Holburn has an average house price of £1,658,949.
What is the Average Rent in City of London?
A popular option for many Londoners, renting in City of London might be suited to you if you’re not ready to buy. The average rental price in City of London is £2,468 pcm, with one-bedroom flats costing £1,965 pcm and two-bedroom houses costing £2,589 pcm.
We’ve listed 4 areas of City of London that offer rental accommodation and included the average overall price for renting there as well as the cost of a one-bedroom flat and a two-bedroom flat.
As City of London is mainly made up of businesses and flats, we’ve only included the cost of flats and not houses. Our removal companies are here to help whether you’re buying or renting in City of London.
- Aldersgate
The average rent in Aldersgate is £1,661 pcm, with one-bedroom flats costing £1,573 pcm and two-bedroom flats averaging at £1,839 pcm.
- Barbican
Barbican has an average rent price of £2,166 pcm, with one-bedroom flats costing £1,864 pcm and £2,808 pcm for a two-bedroom flat.
- Aldgate
If you're looking to rent in Aldgate, expect to pay £2,097 pcm, with one-bedroom flats costing £1,790 pcm and two-bedroom flats averaging £2,426 pcm.
- Norton Folgate
Norton Folgate has an average rental price of £1,829 pcm, with one-bedroom flats averaging at £1,495 pcm and two-bedroom flats costing £2,137 pcm.
