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PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

11 commuter towns where you can save £480,000 on a house 60 minutes outside London

  • <p>Basingstoke: Sitting less than 50 miles from London, the Hampshire town is playfully dubbed ‘Roundabout City’. It boomed during the 1960s, expanding rapidly from a small market town to a commuter hub, now home to more than 152,000 people. (Wikimedia) </p>
    1/11

    Basingstoke

    Basingstoke: Sitting less than 50 miles from London, the Hampshire town is playfully dubbed ‘Roundabout City’. It boomed during the 1960s, expanding rapidly from a small market town to a commuter hub, now home to more than 152,000 people. (Wikimedia)

  • <p>Winchester: The area around the Hampshire town has been inhabited since pre-history. The cathedral is one of the largest in Europe, and dates from about 1079. (Andrew Matthews/PA Images via Getty Images) </p>
    2/11

    Winchester

    Winchester: The area around the Hampshire town has been inhabited since pre-history. The cathedral is one of the largest in Europe, and dates from about 1079. (Andrew Matthews/PA Images via Getty Images)

  • <p><span>Tunbridge Wells: The Kent town boasts a large number of cafe, restaurants and bars and is home to about 56,000 people. (Tim Graham/Getty Images)</span> </p>
    3/11

    Tunbridge Wells

    Tunbridge Wells: The Kent town boasts a large number of cafe, restaurants and bars and is home to about 56,000 people. (Tim Graham/Getty Images)

  • <p><span>Gravesend: Dating back to the Domesday Book, the Kent town has a number of notable historical milestones, including being the place where Pocahontas, the first Native America to visit England, died. (Gareth Fuller/PA Images via Getty Images)</span> </p>
    4/11

    Gravesend

    Gravesend: Dating back to the Domesday Book, the Kent town has a number of notable historical milestones, including being the place where Pocahontas, the first Native America to visit England, died. (Gareth Fuller/PA Images via Getty Images)

  • <p><span>Colchester: The oldest recorded Roman town in the country, Colchester has retained its military links to the modern day, as home to the 16th Air Assault Brigade. (Geography Photos/Universal Images Group via Getty Images)</span> </p>
    5/11

    Colchester

    Colchester: The oldest recorded Roman town in the country, Colchester has retained its military links to the modern day, as home to the 16th Air Assault Brigade. (Geography Photos/Universal Images Group via Getty Images)

  • <p><span>Peterborough: Much remodelled over recent years, Peterborough has been an important town since the days before the Romans. (David Goddard/Getty Images)</span> </p>
    6/11

    Peterborough

    Peterborough: Much remodelled over recent years, Peterborough has been an important town since the days before the Romans. (David Goddard/Getty Images)

  • <p><span>Windsor: Home to the Queen, sort of, and about 218,000 of her subjects, Windsor is just over 20 miles west of Charing Cross. (JUSTIN TALLIS/AFP/Getty Images)</span> </p>
    7/11

    Windsor

    Windsor: Home to the Queen, sort of, and about 218,000 of her subjects, Windsor is just over 20 miles west of Charing Cross. (JUSTIN TALLIS/AFP/Getty Images)

  • <p><span>Northampton: A little over 60 miles away from the capital, Northampton was once the heart of the UK shoemaking industry. (Tony Marshall/PA Images via Getty Images)</span> </p>
    8/11

    Northampton

    Northampton: A little over 60 miles away from the capital, Northampton was once the heart of the UK shoemaking industry. (Tony Marshall/PA Images via Getty Images)

  • <p><span>Swindon: Major employers in the town include Honda and BMW/Mini. It is also the headquarters of the National Trust. (Matt Cardy/Getty Images)</span> </p>
    9/11

    Swindon

    Swindon: Major employers in the town include Honda and BMW/Mini. It is also the headquarters of the National Trust. (Matt Cardy/Getty Images)

  • <p><span>Crawley: Such is the rapid expansion of London that Crawley could soon be gobbled up. But for now, the West Sussex town provides a great setting for easy access to the heart of the capital. It also hosts the World Marble Championships… (Chris J Ratcliffe/Getty Images)</span> </p>
    10/11

    11 commuter towns where you can save £480,000 on a house 60 minutes outside London

    Crawley: Such is the rapid expansion of London that Crawley could soon be gobbled up. But for now, the West Sussex town provides a great setting for easy access to the heart of the capital. It also hosts the World Marble Championships… (Chris J Ratcliffe/Getty Images)

  • <p><span>Wellingborough: The Northamptonshire town is home of Dr Martens boots, famed the world over. (BEN STANSALL/AFP/Getty Images)</span> </p>
    11/11

    Wellingborough

    Wellingborough: The Northamptonshire town is home of Dr Martens boots, famed the world over. (BEN STANSALL/AFP/Getty Images)

<p>Basingstoke: Sitting less than 50 miles from London, the Hampshire town is playfully dubbed ‘Roundabout City’. It boomed during the 1960s, expanding rapidly from a small market town to a commuter hub, now home to more than 152,000 people. (Wikimedia) </p>
<p>Winchester: The area around the Hampshire town has been inhabited since pre-history. The cathedral is one of the largest in Europe, and dates from about 1079. (Andrew Matthews/PA Images via Getty Images) </p>
<p><span>Tunbridge Wells: The Kent town boasts a large number of cafe, restaurants and bars and is home to about 56,000 people. (Tim Graham/Getty Images)</span> </p>
<p><span>Gravesend: Dating back to the Domesday Book, the Kent town has a number of notable historical milestones, including being the place where Pocahontas, the first Native America to visit England, died. (Gareth Fuller/PA Images via Getty Images)</span> </p>
<p><span>Colchester: The oldest recorded Roman town in the country, Colchester has retained its military links to the modern day, as home to the 16th Air Assault Brigade. (Geography Photos/Universal Images Group via Getty Images)</span> </p>
<p><span>Peterborough: Much remodelled over recent years, Peterborough has been an important town since the days before the Romans. (David Goddard/Getty Images)</span> </p>
<p><span>Windsor: Home to the Queen, sort of, and about 218,000 of her subjects, Windsor is just over 20 miles west of Charing Cross. (JUSTIN TALLIS/AFP/Getty Images)</span> </p>
<p><span>Northampton: A little over 60 miles away from the capital, Northampton was once the heart of the UK shoemaking industry. (Tony Marshall/PA Images via Getty Images)</span> </p>
<p><span>Swindon: Major employers in the town include Honda and BMW/Mini. It is also the headquarters of the National Trust. (Matt Cardy/Getty Images)</span> </p>
<p><span>Crawley: Such is the rapid expansion of London that Crawley could soon be gobbled up. But for now, the West Sussex town provides a great setting for easy access to the heart of the capital. It also hosts the World Marble Championships… (Chris J Ratcliffe/Getty Images)</span> </p>
<p><span>Wellingborough: The Northamptonshire town is home of Dr Martens boots, famed the world over. (BEN STANSALL/AFP/Getty Images)</span> </p>
Mark Dorman

Commuters prepared to travel just an hour to work in London could save themselves big, big money on a property.

According to research by Lloyds Bank, homes in commuter towns 60-minutes or so outside of zone 1 and 2 are, on average, £480,000 cheaper than those in central London.

It found that property in towns located between 41 and 60 minutes away from the capital, including Windsor, Oxford, Peterborough, Gravesend, and Colchester, cost an average £316,000 – that’s 60% cheaper.