What is the Average Cost of a Flat in London? Average London Flat Price

The cost of property in London, whether for purchase or rental depends largely on the neighborhood. With a one bedroom, single occupancy flat in London prices are, on average, around £700 a month. On average, the most expensive area to rent in London (though not by much) is North London. In central London expect to pay over £1000 for a one bedroom flat. A money saving option would be to share accommodations with a flatmate.