The property averages across Barking rank cheaper than the going rate for London, too (a whopping £678,054), as over the last year, data from Rightmove shows that homes went for £362,669.

A backlog of central London residents searching for more space in the work-from-home era may have contributed to the 27% increase in prices in the W4 postcode during the period.

Moving west, renters in this Zone 3 postcode can expect to pay £917 per month. This northwest London area is also the site of a huge £8 billion regeneration project, Brent Cross Cricklewood.

House Prices Fall in London's Luxury Postcodes Published May 17, 2016 at 6:03 AM EDT Updated Jun 13, 2016 at 5:15 PM EDT ...