Houses near to crossrail stations see values surge

March 20, 2015

Property values around some Crossrail stations have surged since the east-west London line got the green light in 2008, with the fastest-rising jumping 82%, according to a new report.

Stretching the length of the entire line from Maidenhead to Shenfield prices within a short walk of stations have risen only 5% more than the local market, gaining 43% on average since 2008, but within that some areas have soared much faster. In a recent TV report it highlighted that Chinese and Far East London property buyers were earmarking around the stations on crossrail as their target purchase areas.

The tunnelling for Crossrail, Europe’s largest infrastructure project, is nearly complete, and the 73-mile (118km) railway line is expected to open in late 2018. The high-speed line will increase London’s overall rail capacity by 10%.


Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

England tightens planning rules to save local pubs

Turning pubs into housing or offices will be made harder as part of changes to government planning rules in England. Under the updated National Planning Policy Framework (NPPF), anyone seeking to change the use of a beloved local venue must now provide strict proof that the business cannot survive, including evidence that it has been…
Read More →
Breaking News

UK modern method auction house sales up nearly 15%

UK house sales via modern method auctions increase nearly 15% year-on-year New data from leading estate and lettings agency network shows growing appetite for modern method auctions, with completion times 43% quicker on average versus traditional methods Modern method auction (MMoA) sales are gaining ground in the UK housing market. New data from Lomond, the UK’s leading network of lettings and sales…
Read More →
Breaking News

London’s garden squares commanding huge market premiums

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that homes surrounding some of Prime London’s most prestigious garden squares continue to command huge values even in cooler market conditions, with buyers paying property premiums as high as 175% compared to the wider borough. Wilton Crescent Garden, located on the…
Read More →
Breaking News

Full Steam Ahead to Fast-Track More Homes Near Stations

Thousands of quality homes to be built closer to stations, cutting commute times and helping families live closer to work, school and transport New planning rules will fast-track building quality homes near transport hubs in England Part of the biggest rewrite of planning rules in over a decade to build homes faster, drive good growth, unlock investment, jobs and education opportunities   Thousands of new homes will be built around England’s train, tram and underground stations under new planning…
Read More →
Breaking News

Breaking Property News 17/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   New regional property roadshow to generate conversations with vendors, buyers and homeowners   Fine & Country West Wales, in partnership with Homes of Wales, is launching a new regional property roadshow designed to generate conversations with vendors, buyers and homeowners whose moving plans have…
Read More →
Rightmove logo
Breaking News

Largest August price drop since 2018 despite mini Burnham bounce in demand

Average newly-listed asking prices drop by 2.0% (-£7,360) this month to £364,999, a much larger than usual August drop: Many summer sellers slash their price expectations in reaction to the quieter holiday period and 12-year high number of homes for sale at this time of year Average prices are now 1.0% lower than a year…
Read More →