40-year Londoner here. The truth is that commuting costs compensate for cheaper rents. And where there is a difference you can also factor in the extra “work” time from spending 3 hours commuting every day. This changes when you work from home, but even then there are few places in suburban England where a decent cargo bike can’t replace a car. England isn’t like America where the towns were built around cars. Our towns pre-date them . (Except Milton Keynes)
Also, re-property costs. It’s mostly speculative. If we banned foreign non-resident buyers and disincentivised buy-to-let landlords then prices would be much lower.