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Revealed - where London may see a glut of new rental stock

Data from estate agency Carter Jonas reveals which borough in the capital appears to be seeing the largest number of people wanting to relocate outside London.

The Guardian newspaper reports that Battersea in Wandsworth, regarded as a family-centric area of south-west London and one of the capital’s wealthiest spots, has the largest number of households seeking to leave.

Carter Jonas looked at data from its network showing where London residents are now trying to rent, and found a sharp rise in the numbers searching for homes around an hour from the city. 

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Those looking to quit the capital come from all parts of London, but 37 per cent of them are currently living in the wealthy south-west of the city.

Neither the agency nor the newspaper comments as to whether this figure reflects the Carter Jonas coverage rather than a full picture of London.

Battersea SW11 is sometimes called Nappy Valley because of the large number of young families living there.

David Ruddock, Carter Jonas’s head of residential sales, tells the paper that some of those now looking to rent outside London owned homes in the capital that they were hoping to let.

“Some people are doing it for health reasons: they think it will be easier to isolate outside London” he says. 

“Some are doing it for space – there are families where both parents are now working from home and they need to do it. Others are just dipping a toe in the water and trying out somewhere new before they decide.”

 

Areas in and around Winchester, Oxford and Cambridge appear to be highest on the list of alternative locations for these movers. 

Carter Jonas says inquiries from Londoners looking to move to those cities are up by as much as 700 per cent.

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    Londoners fleeing the city, nice properties in Norfolk are selling like hot cakes, often for over asking prices.

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    They said an hour from London, not two days 😂

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    Simon, look on a map and check train time tables, Norfolk is only an hour from London, I know many locally that do it.

     
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    I think it's fantastic that other parts of the UK are tapping into the demand that is typically reserved for London.

    However, there is a reason why London is so popular and I can't help but feel that things will return to normal once life sees a degree of normality again.

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