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London property hotspot where homes are being snapped up for as little as £250k

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Cheap housing is not the first thing that comes to mind when you think of London.

In fact, London’s population is dwindling .

As a result of the pandemic, as many as 15 per cent of Londoners could be planning to leave the capital behind.

READ MORE: The East London street that it’s hard to believe still exists in 2021

Bexley is undergoing huge redevelopment
(Image: David Anstiss)

But not all parts of London are subject to this mass exodus.

The South East London borough of Bexley, stretching from the Thames to Chislehurst, is seeing a property boom.

Tucked between Woolwich and Dartford, 74 per cent of the houses in Bexley are being snapped up, Rightmove has revealed.

It’s no wonder this borough is seeing a boom, as there are plenty of things to do.

74 per cent of homes are selling in the borough
(Image: Bexley Council)

Hall Place, a stately home that was once owned by a Tudor merchant, boasts sprawling gardens and an on-site cafe to relax in after you’ve explored the 500-year-old mansion.

If beer is more your speed, Bexley Brewery is a micro-brewery which offers brewery tours and tasting events.

If you fancy a bit of indoor wildlife, Bexley Butterfly House and Plant Centre is open seven days a week and lets you walk among the butterflies for a tropical experience.

Bexley has 57 primary schools and 16 secondary schools, 13 of which are rated Outstanding by Ofsted and 20 which are rated Good.

Being a commuter is not a problem in Bexley, with a train to London Bridge taking only half an hour.

A two-hour train ride will get you to the beautiful seaside town of Margate, or a 90-minute drive.

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In the other direction, an hour and a half on public transport will get you to the heart of the Sevenoaks forests.

Over the last year, the average price of a house in Bexley was £508,736.

You don’t have to shell out that much however, as semi-detached houses in the area recently sold for as little as £250,000.

If you’re looking for something more high-end, Bexley’s most expensive property is a six-room mansion that recently sold for a whopping £1,450,000.

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