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I know people who have moved out of London and the commute is the thing that breaks you (from what I've heard) but it is balanced out by the making of new like minded friends and the space of property you can afford.
I'm currently looking for larger property in London, knowing that I can move further to the edges of London to get something bigger, but knowing that our budget will always be just under getting the size of house we really want.
As long as your missus is willing to hack the commute and you've no desire to stay in London long term. I'd say go for the bigger space in a community you can live with/enjoy..
cornelius_blackfoot
hugo7
Having a dilemma at the moment of whether to proceed with this extraordinarily expensive kitchen extension, or sack it off and move out of London to a house that's 3 times the size.
Extending is banking on London prices going up, otherwise it's money down the drain. Moving means my wife having to commute 90mins each way, minimum.
We're in that position of do we 'downsize' to a much bigger house now, before we've started a family. Or hold our nerve in London and reap/regret it...