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Lowest House Prices

Sell My House Quickly in Ealing

Sell My House Quickly found another interesting article about properties in Ealing. Elizabeth Line: The five west London Crossrail areas with the lowest house prices.

Lowest House Prices

House-hunters wanting to live on the Crossrail route should target their search in these west London hotspots

Property along London’s newly completed Crossrail service will leap in value over the next five years, according to new research from Savills.

But the agent’s analysis of stations along the new Elizabeth Line has found “The Crossrail Effect” is yet to really take off in the areas around all of its 41 stations.

Since construction work started only a third of Crossrail areas have seen growth that outpaces the local area, though prices are expected to head skywards now the line is finally open.

All this means there are still bargains to be had. The cheapest areas are all on the east and south-east London sections of the Elizabeth line, with the best deals to be found in the suburb of Chadwell Heath. Houses cost just £364,310 on average.

The eastern section has a total of five areas where the average house price is below the £500,000 mark while flats can be picked up for under £250,000.

In west London, where house prices are generally higher, there are two areas where the average home comes under the £500,000 mark. Read on to find the cheapest west London Elizabeth line hotspots.

Hayes & Harlington, £380,438

The cheapest area on Crossrail’s western section is Hayes and Harlington. Once famous for hit records, baked beans, and jars of instant coffee, billions are being spent on the rebirth of this area in the borough of Hillingon.

Its factories, warehouses, and car parks are being repurposed as new homes in developments like The Old Vinyl Factory, where 642 new homes are being on the 17-acre former home of EMI records which is less than a ten minute walk to the station.

This £250m-plus scheme was given planning permission back in 2011. And since then around 500 homes have been built (or are under construction) along with new office space and a climbing centre has been built.

We found this article about Elizabeth Line: The five west London Crossrail areas with the lowest house prices on Evening Standard. Kindly click the link to read the full story.

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