Crossrail adds value to properties.

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.

 

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.

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