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Housing costs depending on the zone

In general, London is one of the most expensive cities for housing. The price of rent in
London varies according to the area. We will make statistical studies about the rent in
London and the most expensive areas.

Average rents in London in 1 year

Mean : 20251/12=1688
Inner London : Westminster, Kensington and Chelsea,Camden,Islington,Tower
Hamlets, Lambeth

Outer London : Croydon, Dagenham, Barking,Sutton, Havering

 Median of mean by area : 1586,6

 Lower quartile (Q1) of mean by area = (13+1)*1/4 = (3,5) th data point

So : Q1 = (1255+1324,2)/2=1289,5

 Upper quartile (Q3) of mean by area = (13+1)*3/4 = (10,5) th data point


So : Q3=(2144,8+2605,6)/2=2375,2

 IQR of mean by area = 2375,2-1289,5 = 1085,7

 Outliers :

[Q1 – 1.5 x (IQR); Q3 + 1.5 x (IQR)] = [-542,85 ; 4003,75]

There are no outsiders.

BOX PLOT

Statical annalistic of each area using previous table with average rent in London
by area and property
Pour conclure, après plusieurs analyses statistiques, on peut dabord confirmer que le
prix des loyers à Londres dépend de plusieurs caractéristiques dont la zone et le
nombre de chambre. En faisant l’analyse en fonction des propriétés dans chaque zone
et en calculant tout ce qui est mean, median on se rend compte que les zones les plus
chères sont les zones in inner London avec des means by area supérieures à 2100
pounds par mois. Ces zones ont les médianes les plus élevées. The lowest median
monthly rent for a two-bedroom home is £1105 in Bexley and in Havering, while the median
rent in Kensington and Chelsea is around two and a half times higher at £2920.
Expensive area tend to have a wider distribution of rents, as shown by the range between the
lower and upper quartile figures. Après analyse , les zones les plus chères sont
Kensington,Chelsea, Camden and Islington.
https://homelet.co.uk/homelet-rental-index/london#:~:text=Average%20Rents
%20London%20The%20average%20rental%20value%20for,have%20increased
%20by%2011.8%25%20compared%20to%20last%20year.

https://www.simplybusiness.co.uk/knowledge/articles/2021/03/average-rent-in-
london-guide-for-buy-to-let-landlords/

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