London : England

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What it's Like to Retire in London

London, the capital city of England, stands on the River Thames and is the most populous city in England and the United Kingdom. It is also one of the most visited (and expensive) cities in the world, and is considered to be a world cultural capital, financial center, and home to over 40 schools of higher education. The Greater London Authority estimated the population to be over 8 million in 2015, with a diverse range of peoples and cultures, and over 300 languages spoken.  The city has hosted the Summer Olympics three times, most recently in 2012, and one of London's best known sporting events, the Wimbledon Tennis Championships, is held each year at the All England Club. Picture of The Tower with Tower Bridge courtesy of Wikipedia and Wjfox2005; picture of the Red Double Decker Bus, an icon symbol of London, courtesy of Wikipedia and Chris Sampson; picture of Harrods in Knightsbridge courtesy of Wikipedia and Dilliff.

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Where to Retire in London and Home Prices

London is made up of many neighborhoods and boroughs with the price of homes varying according to location.  The average single family home is about $600,000 in the municipality, but most sales are Flats with their average price over $400,000.  There are retirement communities in London-see link on top right.

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What is special about London

London is a world finance center, cultural hub, a major center for higher education teaching and research, and one of the major classical and popular music capitals of the world. It is also home to museums, historical sites, an entertainment district, and several parks including Hyde Park and Kensington Gardens. London also offers a national health care system for all residents.

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What is not special about London

London is a costly place to live and visit;  does not offer a sunny, warm climate; is a major international tourist destination with millions of visitors each year.

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Who will like retirement in London

Retirees who want a vibrant city full of cutlural venues with arts, entertainment, education, and historical sites may enjoy living here.  London also offers various modes of transportation to make it easy to get around.

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Local economy is driven by

London is one of the world's largest finance centers and home to Bank of England, London Stock Exchange, and Lloyd's of London.  Tourism is also a prime driver of the economy as the city attracts over 16 million international visiters each year, making it Europe's most visited city.

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Climate and Physical Environment

The January average temperature is about 40 degrees with snow occuring every so often, July's average is 65 degrees.  London gets about 24 inches of rain each year.

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Restaurants & Cultural Scene

There is a reason why London is a top tourist destination in Europe, with it's museums, galleries, music, fashion, colleges and parks. London is home to four World Heritage Sites which include the Tower of London, Kew Gardens, the Palace of Westminister, and Saint Margaret's Church.  Other famous landmarks are Buckingham Palace, Piccadilly Circus, and Trafalgar Square.

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Crime

The crime rate here is hard to pinpoint as London is made up of 33 boroughs each keeping their own crime records.  As with all large cities, there are neighborhoods that are much safer than others so you would need to do your homework.

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Medical facilities

The National Health Service provides care to all residents with several facilities throughout the city.

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Transportation

London boasts several modes of transportaion including the Tube, the oldest and one of the longest metro systems in the world, buses, trams, and a major international airport hub.  Cycling is also a popular way to get around.

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Valuable Links

Visit London

Wikipedia on London

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What people are saying about London

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Facts about LONDON
  • State: ENGLAND
  • Environment: Urban,College Town,Cultural Center,
  • City Population: 100,001+
  • Median age of Population: 45-64
  • Avg Jan Temperature: 21-40
  • Avg July Temperature: 60-80
  • Median HH Income: 0-20,000
  • Average Home Price (MLS): $500,001+
  • Annual Property Tax on a $200,000 house: NA
  • Total Crime Index: 101-110 (slightly above average)
  • Cost of Living Index: 121+ (very high)
  • Culture Index: 121+ (very high)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide:

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

London retirement communities
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