As ever, it’s mind the mortgage gap as the Waterloo and City line has been named the most expensive for homeowners on the underground network with an average payment of £5,632 per month.
It’s not much better in Bank, the financial heart of the city, where properties typically cost £825,000 – a whopping £527,834 over value of the average UK home, projected at £297,166 as per Halifax’s House Price Index for December 2024.
This ‘useless’ tube line is home to London’s most expensive mortgages Ever wondered just how much your fellow commuters are paying for their monthly mortgages?
In the late 1800s, a survey found that 12,000 per day needed to get from Waterloo to the City (and back home again, as many commuted in from Surrey and the surrounding home counties).
And so, in 1894 work began on this short but sweet tube line – and it received its royal opening by Prince George, the Duke of Cambridge, in 1898.
