How to get rich quick from Crossrail
A cool, new tool reveals the full extent of house price growth and commuter times for each Crossrail station
Homeowners in Whitechapel will see a 54pc increase in house prices over the next five years - the biggest jump in values for any London village on the Crossrail route.
A new interactive graphic built by the property company, JLL, and to be launched this morning, has revealed the full extent of house price growth along the entire 38-station route from Reading to Shenfield in Essex.
Whitechapel is “ripe” for regeneration, according to JLL, while Woolwich came second in the ranking with a 52pc uplift in prices. The forecast for house price rises took into account the “Crossrail effect”, regeneration and property price inflation regardless of the new line.
West Drayton (51pc), Ealing Broadway (50pc) and West Ealing (48pc) completed the top five areas in the index, which analysed a 750m radius around each station on the track which is designed to transport commuters and tourists into London faster.
Homeowners living in the top-performing areas will enjoy around 19pc growth as a result of Crossrail alone, while the average impact across all 38 stations is 8pc.
Crossrail facts
•It is Europe’s largest infrastructure project
•42km of tunnelling is being dug beneath London
•10 new stations are being built
•Over 62m working hours have been completed so far
•The full service will be running by 2019
•It will bring 1.5m people within a 45-minute commute of London.
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