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However, the other factor is that as soon as you leave (and therefore step off the insane London property escalator) you're buggered if you want to come back again.
Unless you move to: Northern Ireland, The South East or East Angular. From July 14 to July 15 London rose 5.5% and England as a whole on average was 5.6%, so you'd be more than likely better off living out of London than in it:
Northern Ireland 7.4% rise
North East England 0.7% fall
North West England 3.7% rise
Yorkshire and the Humber 4.7% rise
East Midlands 5% rise
West Midlands 4.9% rise
East of England 8.3% rise
London 5.5% rise
South East England 6.7% rise
South West England 4.2% rise
Source: ONS; 12 months to end of July 2015Londoner in not thinking there is anything going on outside London shocker. ;)
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Hefty
I'd love to move out of London, but the Mrs won't hear of living anywhere but, so that knocks that one on the head.
However, the other factor is that as soon as you leave (and therefore step off the insane London property escalator) you're buggered if you want to come back again.