The Crossrail Effect

February 16, 2016

New data focused on property close to the Crossrail terminals in London shows that demand has more than doubled in the last year.

It is expected that Crossrail services will commence on the central section by late 2018, In all Crossrail will be connecting 40 stations and it is projected  that around 200 million passengers  will travel on Crossrail each year.

Russell Quirk, the founder and Chief Executive Officer of eMoov.co.uk, reportedly said: “It’s evident that the forthcoming arrival of the Crossrail development is already having a notable impact on the areas due to benefit. As the primary mode of traversing the capital, the on-going improvements in rail links are continuously changing the London property landscape, in terms of which areas are the most in demand amongst UK buyers.

“It will be interesting to keep an eye on the parts of London due to benefit from Crossrail, particularly that pocket of Park Royal and Hanger Lane up to the Ruislip area. I expect homeowners already living here will see a significant value increase on their property over the next few years and those looking to sell, should certainly consider holding out until Crossrail is up and running at least.”

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

The £2m Mansion Tax, ‘Renting for Now’, and Life Under the Renters’ Rights Act

Leading estate agency Winkworth has released its Autumn Report on Prime Central London, highlighting the key trends that shaped the third quarter of 2026. The report provides exclusive analysis of how the incoming High Value Council Tax Surcharge, the so-called Mansion Tax, is already influencing pricing around the £2 million threshold, and how the market…
Read More →
Breaking News

Rightsizing Revisited: Homeowners seek £100k profits from downsizing

A new Barclays policy snapshot, Rightsizing Revisited, finds a quarter (24 per cent) of homeowners are open to downsizing However, seven in 10 (71 per cent) homeowners cite financial risks and upfront costs as barriers to making the change Homeowners say they would need to release an average of £108,516 from their property sale for…
Read More →
Estate Agent Talk

Renting an Apartment for Streaming and Gaming: What to Check Before Paying the Security Deposit

For those who stream or compete online from home, choosing a place to live becomes a task with many variables. Beautiful photos in a listing say little about whether an apartment is suitable for a home studio, stable livestreaming, and long hours in front of a monitor. The decision should be based not on the…
Read More →
Breaking News

London rents outperform property values

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that rental growth has outperformed house price growth across 26 of London’s 32 boroughs since the start of the year, with rents continuing to climb despite weaker property price performance across much of the capital. Benham and Reeves analysed the average…
Read More →
Breaking News

Rental property availability falls

The number of rental properties available across England fell by 12.1% during the third quarter of 2026, according to new analysis by Dwelly, highlighting an increasingly competitive rental market in many parts of the country. Dwelly is one of the UK’s largest rental property management groups, with more than 15,000 properties under management. The firm’s…
Read More →
Breaking News

Average advertised rents surpass £1,400 for the first time

The average advertised rent of homes outside London has risen to a new record of £1,418 per calendar month, up 1.5% this quarter: Despite a new record rent, annual rental growth has returned to a more stable level of +2.4% Number of available rental homes nationally is 2% lower than a year ago, while renter…
Read More →