Newham crowned London’s most overcrowded borough for property

April 25, 2019

The latest research by leading flatshare platform, ideal flatmate, has looked at where is home to the least number of homes to support the local population across each London borough.

Using data from the London Datastore, ideal flatmate looked at the population and the total number of dwellings for each borough before looking at which borough was home to the lowest percentage of homes in London, as well as which has the lowest ratio when it comes to homes per capita.

When it comes to the amount of straight up homes, the City of London is predictably home to the lowest with just 0.18% of all London properties located within its boundaries.

Kingston is home to the second lowest with just 1.9% of the capital’s total homes in the borough, with Barking and Dagenham, Sutton and Merton also amongst some of the lowest where volumes of housing are concerned.

However, while the amount of homes is one thing, the population of those reliant on housing in each borough is a main contributing factor to how crowded these local London property markets are.

With this considered, Newham is London’s most crowded borough with a population of just under 350,000 people reliant on just 112,628 dwellings in the borough, resulting in a dwellings per capita ratio of just 0.33 – in other words there roughly just one-third of a property available for every one person that resides in Newham.

Redbridge was the next most crowded borough with a dwellings per capita ratio of 3.4, with Barking and Dagenham, Brent, Harrow, Hillingdon, Hounslow, Waltham Forest, Enfield, Ealing, Kingston, Barnet and Tower Hamlets all home to a dwellings per capita ratio of less than 0.4.

While prime central London is used to topping tables around affordability, the higher price tags do mean they are some of the least crowded boroughs in London, with Kensington and Chelsea (0.56) and Westminster (0.51) home to a ratio of over half a property per person living in the borough. Hammersmith and Fulham, Wandsworth and Islington are also amongst some of the capita’s roomiest boroughs where property and population are concerned.

Co-founder of ideal flatmate, Tom Gatzen, commented:

“There’s obviously a clear correlation between the amount you pay either to buy or rent and the space you get for your money, but for those of us that don’t live in the high-end bliss of prime central London, it’s actually quite dire reading when it comes to the ratio of property available to people that need a roof over their head.

It’s no revelation that we aren’t building enough homes and while actual space is part of the issue in areas such as London, this research highlights just how overcrowded things are becoming in the capital.

No wonder then, that we’ve seen an increase in the acceptance of shared living, particularly in our major cities. While cost saving is the driving factor due to the price of renting or buying, coupled with the cost of living in general, there simply aren’t enough homes available to house everyone individually even if we wanted to.

While we’re big fans of co-living and the positives it brings, failure to address this lack of stock is going to see both house prices and the cost of renting continue to spiral out of reach for the average tenant or homebuyer.”

Borough
Population
Number of dwellings
London total dwellings
Percentage of dwellings
Dwellings per capita
Newham
344,533
112,628
3,524,438
3.20%
0.33
Redbridge
301,328
103,462
3,524,438
2.94%
0.34
Barking and Dagenham
208,182
74,510
3,524,438
2.11%
0.36
Brent
326,427
118,013
3,524,438
3.35%
0.36
Harrow
248,697
89,980
3,524,438
2.55%
0.36
Hillingdon
299,899
108,935
3,524,438
3.09%
0.36
Hounslow
268,270
99,824
3,524,438
2.83%
0.37
Waltham Forest
274,222
102,317
3,524,438
2.90%
0.37
Enfield
332,127
125,369
3,524,438
3.56%
0.38
Ealing
344,802
132,094
3,524,438
3.75%
0.38
Kingston upon Thames
173,703
66,924
3,524,438
1.90%
0.39
Barnet
384,774
148,529
3,524,438
4.21%
0.39
Tower Hamlets
300,943
118,012
3,524,438
3.35%
0.39
Haringey
272,078
107,620
3,524,438
3.05%
0.40
Greenwich
279,139
110,983
3,524,438
3.15%
0.40
Hackney
273,239
108,770
3,524,438
3.09%
0.40
Bexley
245,095
97,628
3,524,438
2.77%
0.40
Havering
253,371
101,716
3,524,438
2.89%
0.40
Merton
206,706
83,649
3,524,438
2.37%
0.40
Sutton
201,945
82,281
3,524,438
2.33%
0.41
Croydon
383,301
157,394
3,524,438
4.47%
0.41
Camden
249,162
103,826
3,524,438
2.95%
0.42
Lewisham
298,903
125,961
3,524,438
3.57%
0.42
Bromley
327,580
138,422
3,524,438
3.93%
0.42
Southwark
311,655
132,152
3,524,438
3.75%
0.42
Lambeth
323,063
138,745
3,524,438
3.94%
0.43
Richmond upon Thames
195,187
84,759
3,524,438
2.40%
0.43
Islington
232,055
102,457
3,524,438
2.91%
0.44
Wandsworth
321,497
143,915
3,524,438
4.08%
0.45
Hammersmith and Fulham
181,783
86,609
3,524,438
2.46%
0.48
Westminster
241,974
123,366
3,524,438
3.50%
0.51
Kensington and Chelsea
156,773
87,276
3,524,438
2.48%
0.56
City of London
7,246
6,313
3,524,438
0.18%
0.87

 

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Estate Agent Talk

Mortgage Rates and Human Behaviour: Why Small Changes Create Big Reactions

By Sarah Thompson, Group Financial Services Director, Mortgage Scout Mortgage rates have returned to the headlines in recent weeks, with some lenders pushing products back above 5%. Renewed market volatility has been driven in part by global uncertainty, including the conflict in the Middle East and its impact on energy markets and investor confidence. Yet…
Read More →
Breaking News

Nearly six in ten UK property purchases trigger AML red flags

Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…
Read More →
Breaking News

Vanishing act of sub-4% fixed rate mortgages

A cut to Bank of England Base Rate (BBR) looks increasingly unlikely, with the upheaval in mortgage re-pricing leading to a vanishing act of sub-4% fixed mortgages, according to Moneyfactscompare.co.uk analysis. Mortgage market analysis The pool of lenders offering a sub-4% fixed rate deal has taken a significant blow. All of the biggest banks, namely…
Read More →
Estate Agent Talk

Government’s Home Buying and Selling Reform

Will the Government’s Home Buying and Selling Reform Consultation Increase or decrease the speed at which the market moves? Kevin Shaw, National Sales Managing Director, LRG The government’s consultation on Home Buying and Selling Reform is a step in the right direction. It recognises what every estate agent and conveyancer already knows: property sales take…
Read More →
Letting Agent Talk

The Draft Leasehold and Commonhold Reform Bill

Content and clarification Comment from the Association of Leasehold Enfranchisement Practitioners (ALEP) By Shabnam Ali-Khan – Partner, Russell-Cooke Following the rushed Royal Assent of the Leasehold and Freehold Reform Act 2024, further controversy has arisen. In the King’s Speech on 17 July, the new Leasehold and Commonhold Reform Bill was announced, but the full details…
Read More →
Rightmove logo
Breaking News

Steady March market so far despite global uncertainty

Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…
Read More →