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Old January 18th 08, 12:23 AM posted to uk.transport.london
Tom Anderson Tom Anderson is offline
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First recorded activity at LondonBanter: Oct 2003
Posts: 3,188
Default 16/01/2008 - London Lite

On Wed, 16 Jan 2008, Henry wrote:

On Jan 17, 12:05 am, Tom Anderson wrote:

True. I'm still surprised at the implication that prices in nice parts
of Z5/6 are apparently lower than in manky parts of Z2/3.


That does seem strange - but tube stations are more likely to be on a
main road surrounded by shops, so that the average for areas further out
is likely to be depressed by over-representation of locally undesirable
flats. Not sure I've explained that very well! Basically a house in a
cheap area can still cost more than a flat in a posh one.


No, i get it - in the outer suburbs, there are town centres around the
stations, with shops and cheap, undesirable housing, with the leafy lanes
of big expensive houses further out. Makes perfect sense.

Did they try to correct for the nature of the property somehow (only
include 2-bed houses or something)?


I don't believe so.

tom

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