London property and “the Crossrail factor”
Consultancy Jones Lang LaSalle have been looking at the effect on house prices of London’s massive Crossrail project, and are predicting price rises in some neighbourhoods of as much as 44% by 2018. The east-west rail link through the capital, and Europe’s largest infrastructure project, will cause more property ripples, and have a bigger impact on London, than even the latest Tube extensions to the Jubilee and East London lines.