October 16, 2012

Crossrail predicted to increase property values by 25%

A new report has been published on the predicted effect Crossrail will have on London property prices. The headline is that “Residential capital values are projected to increase immediately around Crossrail stations in central London by 25 per cent, and by 20 per cent in the suburbs, again above a rising baseline projection. In many locations, Crossrail will have a transformative effect on the property market and development activity over time.”

Crossrail is among the most significant infrastructure projects ever undertaken in the UK. From improving journey times across London, to easing congestion and offering better connections, Crossrail will change the way people travel around the capital. Crossrail’s new stations will revitalise the concept of the station being the centre of the community it serves.

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