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With £565,000 to spend, would you choose Tottenham Hale or Castle Hedingham?

Tranquil: Open space by the River Lea PICTURE: ALAMY


■ For many, Tottenham Hale is a station to whiz through en route to Stansted, but it’s emerging as a price-friendly alternative to trendier east London neighbourhoods. Regeneration is underway: Hale Village, a new 1,200-home community, is nearly finished. ‘We see buyers spill over from Bethnal Green, Shoreditch and Hackney as there’s a similar lifestyle offering with breweries, cafes and canals but it doesn’t carry a similar premium,’ says Mustafa Khalifa of Hunters. ‘It’s growing rapidly and is served by the Victoria line, one of London’s quickest transport links. One-bed flats start at around £300,000 and three-bed terraces from about £500,000.’

Tottenham Hale

2-bed flat, £565,000

Swanky pad: This new seventh-floor flat on the last parcel of land in Hale Village has two bathrooms, a kitchen/living/dining room and a balcony. Anthology,

Commute time: (to Zone 1) 10 mins to King’s Cross by Tube, 17 mins to Liverpool Street by train

Commute cost: Annual Travelcard £1,600

Price per sq ft: £674


■ This pretty village near the Essex/Suffolk border takes its name from its 900-year-old Norman castle. No sleepy backwater, it has a decent array of amenities for its size, and the castle hosts weddings, parties and other events. ‘Castle Hedingham contains two pubs, a restaurant, a surgery, primary school, shops and a tea room,’ says Caroline Edwards of Carter Jonas. ‘There’s an attractive mix of timber-framed properties, elegant Georgian facades and charming colourful cottages, including traditional Suffolk pink. Chocolate-box cottages start from about £200,000, while grand Georgian mansions, well suited to families, rise up to £2million.’

Castle Hedingham

3-bed house, £550,000

Beamed beauty: This house has lots of character

Period appeal: Located in the heart of the village, this listed house is arranged over three floors and features carved timber beams, open fireplaces and a big south-facing garden. David Burr,

Commute time: (to Zone 1) about 45 minutes’ drive to Witham station, then 45 minutes on the train to Liverpool Street

Commute cost: Annual season ticket £5,516

Price per sq ft: £240

…or why not get 2 for the price of 1?

Tottenham Hale

One-bed flat, £355,000, Knights Residential,

Immaculate Victorian ground-floor conversion within walking distance of Tottenham Hale station. Tastefully decorated in neutral shades throughout and with original features such as a cast-iron fireplace and coving, it has a front living room with a bay window, double bedroom, a bright kitchen/diner, contemporary bathroom at the back and its own private garden with a patio area and lawn. There’s no service charge and 122 years left on the lease.

Castle Hedingham

Two-bed house, £199,995, David Burr,

The village shops and pubs are a short walk from this mid-terrace, Grade II-listed cottage. It’s set over three storeys, and on the ground floor a ledge-and-board door leads into a sitting room with exposed beams and a brick fireplace with a wood-burning stove. This room opens into the kitchen, fitted with modern cabinets and oak worktops. One of the bedrooms and a shower room are on the first floor, and the master bedroom is at the top.

Total spend: £554,995