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Hostels can be somewhat more bewildering than a hotel. How much do they really cost, what do you get for your money, and what do you need to know about them? These vary by country and city; here is some information about what you can expect for hostels in England, especially the pricier London area, and how prices compare in different areas of England. There are also links of useful websites to book your reservation and read reviews, look at pictures, etc.
First off: What exactly is a hostel? It is basically a dormitory-style budget sleeping accommodation, generally frequented by young backpackers and other people traveling on the cheap.
Everybody clap your hands!