Private jet costs to Nice could cover your rent in the UK for nearly three years

August 23, 2019
Development on Air fields

While a private jet may seem like an appropriate method of travel for royalty, Harry and Meghan have come under fire for opting to fly on their fourth in 11 days after departing Sir Elton’s £15m pad in France.

Despite Elton picking up the tab, a two-hour return flight from Nice to London on a private jet cost over £20,000 (£21,832), enough for the average UK tenant to put a roof over their head for 2.7 years! Just over two years for tenants in England, 2.5 years in Scotland, 3 in Northern Ireland and 3.5 years in Wales!

In fact, there’s only a handful of places where it would set you back more to rent for a whole 12 months – all of which are located in London. Kensington, Westminster, Camden, City of London, Hammersmith and Fulham, Richmond, Islington, Hackney and Wandsworth all come in at an annual rental cost of above £21,832.

But where doesn’t?

Well, pretty much the rest of the UK, but to put it into perspective, the average tenant could rent for 12 whole months in the prestigious Surrey climbs of Elmbridge (£21,312), the likes of Tower Hamlets (£21,276), Lambeth (£21,012) or Southwark (£20,112), South Bucks (£17,496) and Guildford (£16,956).

Even if you were to split the cost between mates and actually fill out the 12 seater plane it would still cost you £1,819 per person. That’s nearly three months of rent for the average UK tenant.

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

“Meghan and Harry aside, it’s pretty mad to see how the other half live when you consider the struggle many have when trying to stay afloat in the UK rental sector.

To think you could put a roof over your head for nearly three years on the cost of one return trip to Nice in a private jet really puts it into perspective, especially when the cost of rent is one of the largest financial burdens in this day and age.

Until I make it into Elton’s inner circle, I’ll have to make do with the £120 return flight in economy.”

Average annual rent – nations
Location
Monthly Rent
Annual Rent
Years rent for cost of a private jet
ENGLAND
£858
£10,296
2.1
WALES
£515
£6,182
3.5
SCOTLAND
£732
£8,786
2.5
NORTHERN IRELAND
£612
£7,344
3.0
UNITED KINGDOM
£679
£8,152
2.7
Average annual rent vs private jet to Nice
Location
Annual Rent
Kensington and Chelsea
£38,496
Westminster
£33,984
Camden
£29,124
City of London
£28,524
Hammersmith and Fulham
£24,840
Richmond upon Thames
£22,752
Islington
£22,740
Hackney
£22,008
Wandsworth
£21,936
Private Jet to Nice
£21,832
Elmbridge
£21,312
Tower Hamlets
£21,276
Lambeth
£21,012
Southwark
£20,112
Brent
£18,936
Barnet
£18,576
Merton
£18,504
Haringey
£18,156
Ealing
£17,808
South Bucks
£17,496
Newham
£17,064
Guildford
£16,956
Hounslow
£16,920
Harrow
£16,752
Kingston upon Thames
£16,752
Sevenoaks
£16,632

 

Sources
Private Jet estimated
Based on a return fare
Private rent statistics
Eng
Scot
Wal
NI

 

Properganda PR

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

You May Also Enjoy

Estate Agent Talk

Fast track to London: The Essex villages offering country living and commuter convenience

For London buyers looking to exchange city life for more space, greenery and a stronger sense of community, Essex offers an appealing combination of countryside living and convenient connections into the capital. The rise of hybrid working has changed what buyers expect from a commuter location, and rather than simply searching for the shortest possible…
Read More →
Breaking News

‘Spider season’ hits UK bedrooms

‘Spider season’ hits UK bedrooms – expert shares FIVE expert tips on keeping eight-legged visitors at bay As autumn sets in, millions of UK households are bracing themselves for ‘spider season’, the surge of male spiders entering homes in September and October in search for a mate. One of the most common places that spiders…
Read More →
Estate Agent Talk

Good-view homes command 81% premium

The latest research from UK Property Development (UKPD) reveals that new-build homes that boast a good view command an average price premium of 81.4% compared to overall new-build prices, with the premium in London approaching 110%. UKPD has analysed the estimated average asking price of new-build homes in England marketed as offering a ‘good view’,…
Read More →
Christmas Decorations - Good or Bad for Selling
Breaking News

Want to Be in Your New Home by Christmas?

Moving house can be a complex and stressful process, with delays at various stages potentially putting completion dates at risk. Government data shows that the average home purchase takes around 120 days to complete, while around one in three property sales fall through, costing sellers an estimated £400 million each year. With Christmas now just…
Read More →
what is happening to house prices
Estate Agent Talk

Help Buyers to get Britain Building

Tim Foreman, Managing Director of Land and New Homes, LRG, comments: It is clear that Labour cannot meet its housing ambitions just through planning reform. It is imperative that Andy Burnham uses time at the upcoming Labour Party Conference to back a targeted successor to Help to Buy – one that restores demand without repeating…
Read More →
Letting Agent Talk

Landlords say managing rentals has become harder

Three-quarters of portfolio landlords say managing rentals has become harder   The latest research from residential property management specialist, Rushbrook, has found that almost three-quarters of portfolio landlords say managing their rental portfolio has become harder in recent years, with the changing legislative landscape now prompting many to reconsider whether they need professional help with…
Read More →