Just a hunch, but I intuitively sense that prices within commuter distance are going to start going up possibly at a slightly higher rate than those in London, as more and more are forced out and put pressure on places further out. If you sold up now and sat on it for six months, that money might not go as far as it would if you sold and bought simultaneously. Saying that though, renting where you're looking would give you the best way of sussing out where's best. We tried that for a year up in Walthamstow, and we found a few streets we really liked that were well within our budget. Of course the market moved on so much in that year that by the time we were ready to buy, we were completely priced out :(
seconded.
Just a hunch, but I intuitively sense that prices within commuter distance are going to start going up possibly at a slightly higher rate than those in London, as more and more are forced out and put pressure on places further out. If you sold up now and sat on it for six months, that money might not go as far as it would if you sold and bought simultaneously. Saying that though, renting where you're looking would give you the best way of sussing out where's best. We tried that for a year up in Walthamstow, and we found a few streets we really liked that were well within our budget. Of course the market moved on so much in that year that by the time we were ready to buy, we were completely priced out :(