This is a question for all of you who live in London, especially those of you who are students.
Trying to do a bit of research..hoping to move to London in the next couple of years to get back to full-time study and I need to plan ahead now for costs. I need to know what I'm talking about when I have to soap up the Bank Manager
Can you guys tell me what would you consider to be a realistic average weekly figure for living in London (excl. accommodation)
Separately, how much are you all paying in rent in various parts of the city and for what type of accommodation.
Thanks for any help
Personally I would certainly try to leave myself at least £400 per month after rent and bills, but I might be a bit extravagant there.
As for rent, well, I'm lucky enough not to be a student anymore - my girlfriend and I pay about £1000pcm for a nice 1 bed flat near Archway. You can get really cheap if you don't mind it being a bit scruffy, particularly if you're a student - we used to share a house in Turnpike Lane with quite a few other people, we paid £350pcm for the two of us, I think the single folk paid £250 per room. If you're prepared to live a bit further out you get a bit more for your money - two of my friends share quite a nice 2 bed flat in Hither Green for £800pcm.
I pay £350pcm (all inclusive) for a double room in a 4-bedroom houseshare in southwest London's zone 3. That's quite a steal, for such a price you can usually get only a single room. Double rooms would work out to at least £400pcm.
Living expenses can work out to a bit because transport is not cheap, up to £100 each month. You definitely want to factor that in when choosing a place to stay.
I can get by with about £200 each month for food and some socialising! Girls eat less.
That's great, exactly the sort of info I was looking for.
If you were going to be studying near The Elephant & Castle, what areas would you recommend to live in?
Well the nicest bits around that patch are probably Dulwich (Dulwich Village is particularly nice) and Clapham, they're both relatively pricey, but they're a short bus ride or a longer walk away from Elephant and Castle.
For cheaper things, some folk like Brixton which has a vibrant west indian feel to it but it's not everybody's scene. Streatham's not too bad and is quite cheap.
I would personally avoid Peckham and Camberwell.
Wimbledon is quite nice, not extortionately expensive and has quite a few houseshares - it's a little bit further out than the others above but there are direct trains to Elephant & Castle.
Thanks a lot for your help