Average rental prices for one-bedroom properties in the capital sit at £1,150 pcm, while purchasing one could cost an average of £680,000.
Ellis & Co knows London, but have YOU considered these gems in the capital's crown? Here are five postcodes that could surprise you when it comes to your property search.
GOLDERS GREENA haven for families, this pocket of North West London is a multi-cultural hub with space to spread your wings.
The greens of Golders Hill Park are great areas for the children to play during the warmer months, while the area also boasts a small zoo and butterfly house - one of only two free access zoos in the capital.
Take a walk around the walled water gardens and duck ponds before grabbing a home-made ice cream at Refreshment House.
Or, if you do need to get away (and we can't think why you would!), the M1 is also nearby, meaning an escape to the glorious Chiltern Hills is just a 30-minute drive away, as is Luton airport for a host of international flights.
Ellis & Co Golders Green: Tel 020 8455 1014 or email firstname.lastname@example.org
ISLINGTONOnce considered simply a suburb, Islington has gained a high-profile reputation as a classy and trendy destination in its own right.
Home to Labour leader Jeremy Corbyn, the area boasts St Pancras Station on its border (home to the Eurostar terminal) as well as a host of Underground stations for busy commuters. Alternatively, if you fancy a brisk walk, central London is a 30-minute walk away.
Properties vary in the area, with around 80% of apartments being rental homes. There are some stunning Georgian and Victorian terraces in roads like Colebrooke Row, although these are highly sought-after.
Ellis & Co Islington: Tel 020 7354 0909 or email email@example.com
WILLESDEN GREENAn area on the up having been sought out by those priced out of Queens Park and Kensal Green, families have flocked to large family homes in the Brondesbury Park area of Willesden Green.
With the Jubilee Line offering solid service into the West End, the City and Canary Wharf, the area has also become popular with young professionals.
For those who like to enjoy a drink al-fresco, the Queensbury pub sits right next to Willesden Green tube station with a huge outdoor seating area to the front, while Gladstone Park offers those some green refuge from the hustle and bustle of the High Road.
Ellis & Co Willesden Green: Tel 020 8451 7272 or email firstname.lastname@example.org
FINCHLEYLike Golders Green, Finchley is a great area for families, with 17 primary schools and seven secondary schools in the area.
Green spaces like Mill Hill Park, Highgate Wood and the idyllic, storybook beauty of Cherry Tree Wood offer sanctuary for those seeking some rest and relaxation, while four tube stations (East Finchley, Finchley Central, West Finchley and Woodside Park) mean access to central London for work and pleasure is a breeze.
Quiet residential streets offer a multitude of detached and semi-detached inter-war homes attracting affluent families and booming young professionals.
Ellis & Co Finchley: Tel 020 8349 3131 or email email@example.com
LEYTONSTONE / LEYTONE10 and E11 are starting to catch the eye. Next-door neighbours to fashionable Walthamstow and Stratford, Leyton and Leytonstone can offer all of the culture at a fraction of the price.
New homes sit among period properties and purpose-built flats, while the London 2012 Olympics legacy has seen the area receive a splash of paint and a host of new cafes, pubs and restaurants move into the postcode.
Traditionally working class areas, an overspill of first-time buyers and young professionals from areas like Shoreditch has seen E10 and E11 develop briskly in recent years and with Leyton and Leytonstone stations offering a 15-minute commute into central London, the popularity is showing no signs of abating.
Ellis & Co Leyton: Tel 020 8558 0911 or email firstname.lastname@example.org
Good luck with your property search! If you are interested in any other areas of London contact your local Ellis & Co office.