'London has become unaffordable' — which postcode has seen rents rise 55%?

London rents have increased by 32 per cent on average since 2019, according to a report from SpareRoom.

SE2, which covers Abbey Wood, saw the most eye-watering increase, with rents up 54.7 per cent in the last five years. Renters in SE2 now have to pay £289 more a month for a room, with prices rising from £531 in 2019 to £820 in 2024.