information on rental charges and salaries in three areas of London.

The table below provide information on rental charges and salaries in three areas of London.

Write a report for a university lecturer describing the information shown below

 

Weekly rents per property (�/w)Salaries needed (�/year)
Area
Notting Hill
Regent’s Park
Fulham

1 bed2 bed3 bed
375485738
325450650
215390600

 

1 bed2 bed3 bed
98,500127,500194,000
85,500118,000170,500
56,500102,500157,500

 

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The table shows two sets of related information: the relative cost, in pounds, of renting a property with one, two or three bedrooms in three different suburbs of London and an indication of the kind of annual salary you would need to be earning to rent in these areas.

Of the three areas mentioned, Notting Hill is the most expensive with weekly rents starting at �375 (salary approximately f 100,000) and rising to �738 per week for a 3-bedroom property. To afford this, you would require a salary in the region of �200,000 per annum. Alternatively, Fulham is the cheapest area shown with rents ranging from �215 per week for a one bedroom property to �600 per week for a 3-bedroom property. To rent in this area, salaries need to be somewhere between �85,000 and �170,000 depending on the number of bedrooms required. For those able to pay in the middle price range for accommodation, Regent’s Park might be a more suitable district.

(163 words)

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salaries

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