Old Kent Road was the cheapest space available on the Monopoly board at a cost of £60 when the game launched in Britain in the 1930s. But today, the average asking price for the postcode sits at £1,181,577, according to new research. Real-life renters pay an average of £2,574 per month; a far cry from the £10 coughed up by Monopoly players to rent a house on the road. Meanwhile property prices on Whitechapel Road, which shares the cheapest spot with Old Kent Road on the Monopoly board, are almost 50% more expensive than the capital's average. Average asking prices for this postcode in east London currently sit at £730,284 and tenants pay an average of £1,955 per month. |
The Daily Telegraph (28/06/2021) |