Crossrail adds value to properties.
March 31, 2016
Properties within easy reach of the capital have seen values soar in the past year.
Crossrail is still a year away from opening but is still having an upward effect on prices of properties within easy reach of the stations that will serve London commuters.
The Land Registry said in its report yesterday that Slough on the crossrail line, saw a 19% rise in prices in the year to February, the biggest increase in the country, in East London prices rose by 16.9% in Havering.
Other nearby London boroughs also saw big increases, including Thurrock, where the figure was 17.2%, and Barking and Dagenham, which saw a 16% rise.
The Elizabeth Line is planned to open between Liverpool Street and Shenfield in May next year.
You May Also Enjoy
Thames Valley Rents Surge to £1,448 – 6% Above UK Average
Average rents in Thames Valley reach £1,448 pcm, nearly 6% above the UK average, new report reveals Rents in Thames Valley reach £1,448 pcm, nearly 6% above the UK average of £1,369 Wokingham and Reading highlighted as key areas of interest for renters and investors Renters in Thames Valley are more likely to be older than anywhere else in…
Read More 
July’s HMRC Property Transactions Report
Headline statistics Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in July 2026 is 96,710, 1% lower than July 2025 and 2% lower than June 2026 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in July 2026 is 106,620, 5% higher than July…
Read More 
Almost half of homesellers hit by broken chains
The latest research from House Buyer Bureau has revealed that almost half of home sellers who form part of a property chain have seen that chain break during the sales process, with buyers changing their minds and pulling out by far the most common reason why. House Buyer Bureau commissioned an independent survey of 1,072…
Read More 
Only 1 in 10 new-build homebuyers happy
Just 1 in 10 new-build buyers got the home they wanted before moving in The latest research from UK Property Development (UKPD) has found that just 11% of people who purchased a new-build home in the past two years were able to personalise their property exactly as they wanted before moving in. As a…
Read More 
One-third of tenant income in the UK goes on rent
Lomond’s Summer 2026 Quarterly Insights report reveals tenants now spend an average of 32.7% of their yearly income on rent UK average rents rise to £1,369pcm, increasing by +4.3% in the same period last year Average rent in London reaches £2,418pcm, 76% higher than the UK average The average age of renters across the UK is now 31.5 Lomond, the UK’s leading network of lettings and sales agents, has…
Read More 
Six in 10 UK businesses look to adapt operations in response to extreme heat
37 per cent have increased heat-related investment, with 23 per cent considering it Cooling equipment, including air conditioning and ventilation, is the most common investment priority (28 per cent) Barclays anonymised client data shows that air conditioning suppliers saw cash inflows increase by 4.3 per cent year-on-year into Barclays accounts Consumers claim 25.1°C is their…
Read More