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London house prices: 15 Night Tube stations where 24-hour services will add a premium to the value of properties


10-09-2015

London house prices: 15 Night Tube stations where 24-hour services will add a premium to the value of properties

24 hour Tube services will add a premium to property prices

The arrival of London's Night Tube will bring with it a price premium of as much as 10 per cent for properties close to a handful of selected stations along the route.

Homes close to Stratford, Willesden Green, Mile End and Canada Water are set to rise more than at any other station served by the Night Tube, commanding a rise in value of between five and 10 per cent more than the surrounding area.

Homeowners within a half mile radius of the stations stand to benefit from the upswing in prices, according to research from Sellmyhome.co.uk and Dataloft.

Buy-to-let investors will also benefit from increased rental income at the stations, with Night Tube adding further appeal for students and younger people who rent largely in the private sector.

The research found property prices close to 15 of 50 stations in zones two and three are set to benefit the most, based on a combination of factors such as the population of residents who are the Night Tube's prime target and the current house prices in areas compared to the average across the capital.

The report suggests Stratford and Finsbury are likely to attract more residents and boost demand as a result of being served by Two Night Tube lines.

Here are the top 15 stations where the Night Tube is likely to push up prices.

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