The new all night Tube will only benefit Londoners who can afford an extra £100,000 on their mortgage, a study has claimed.

Just five of the existing 11 London Underground lines will be open when the service finally launches.

(Dominic Lipinski/PA)

Research by travel app company MapWay found that the average house price in the boroughs the night Tube will operate in is £394,000 compared with £285,000 in the areas set to miss out.

According to the report, 2.1 million of London’s 8.2 million population live in a location that will not be covered by the service, which will operate on most of the Central, Northern and Piccadilly lines and the whole of the Victoria and Jubilee lines.

(Anthony Devlin/PA)

A long-running dispute between Tube bosses and trade unions over how to staff the new service has led to its launch being delayed.