Sell My House Quickly in Ealing
Sell My House Quickly found another interesting article about properties in Ealing.
Epping vs Ealing:how do house prices compare at each end of the Central Line? There’s a difference of £291,000 for the average family home, depending on which end of the Central line you buy.
The Central line runs from Epping, in Essex, in the north-east to Ealing Broadway and West Ruislip in the west.
The Tube from Epping takes less than 40 minutes to reach Liverpool Street and homes within a kilometre of the station in this Essex location cost, on average, £582,327.
For those taking the Central line to Tottenham Court Road, buying a home in walking distance of West Ruislip would cost almost £200,000 less than buying in Epping, while commuting 10 minutes less each way.
Epping vs Ealing
At the other end of the southwesterly branch of the Central line is Ealing Broadway, a busy transport hub linking the Central line with the District line and London Overground. Yet the average cost of buying a home near this well-connected suburb in Zone 3 is significantly higher, at £873,389.
“There are a whole range of factors that affect the average house price within a kilometre of the last stop at each end of all the Underground lines such as property types, standard of local schools, green space and frequency of trains,” says Lawrence Bowles of Savills.
“The semi-rural market town has great local schools,” says James Barton, partner at Knight Frank. “It attracts young families with a farmers’ market and good restaurants and nurseries.”
Catalyst Homes is building one-, two- and three-bedroom shared-ownership flats at Blenheim Gardens on the outskirts of Epping.
Walk down tree-lined streets of double-fronted Edwardian houses with gravel drives and it is easy to see why Ealing in west London is known as the “Queen of Suburbs”.
Families come for the schools and the easy commute, which, with the arrival of the Elizabeth line, will get easier still.
There is also £5 billion of development coming. The council aims to deliver 2,500 “genuinely affordable” homes by 2022.
We found this article on Homes & Property. Kindly click the link to read the full story.
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