It may be too late to buy your dream home close to the Crossrail route with prices having increased dramatically above the London averages in most areas within a close distance of the stations serving the route. Some areas are still to catch up though so it may be worth looking into investing in the near future and looking at those near the proposed Crossrail 2 development!
The Crossrail project continues to boost local house prices, with the value of properties in walking distance* of new stations growing by as much as 73% since 2013, new Groundsure research released today reveals. The rate of house price growth in these areas has outstripped the London average by more than 56%. The top five areas that have seen the biggest growth since 2013 are Taplow (73%), Gidea Park (49%), Custom House (46%), Hayes & Harlington (46%) and Southall (45%). Based on increases in these areas along the route, homeowners who purchased in 2013 are set to pocket on average an additional £117,000**.