PropertyInvesting.net: property investment ideas, advice, insights, trends
Propertyinvesting.net: Property Investment ideas, advice, insights, trends

PropertyInvesting.net: Property Investment News

 Property News

more news articles...

The 10 Tube stops where house demand is rising most (and least)


10-09-2015

 

Oyster card against tube map

Demand is rising for property near London Underground stations (Source: Getty)

Who doesnít want to live near a Tube station? Except perhaps, when thereís a strike on, but demand for properties close to the London Underground is up 13 per cent, and itís in east London where it's rising more than anywhere else across the network.

Homes near East Ham, Woodford and Upminster Bridge have experienced the biggest rise in demand compared to anywhere else in the capital in the last six months.

The hottest station with the most demand is Watford, however, any buyer or seller is warned that the current Watford station is due to close, with trains instead heading to Watford Junction by 2018.

The 10 most in demand Tube stops for property

1. Watford (Metropolitan)

2. Eastcote (Metropolitan, Piccadilly)

3. Ickenham (Metropolitan, Piccadilly)

4. West Ruislip (Central)

5. Ruislip (Metropolitan, Piccadilly)

6. Ruislip Manor (Metropolitan, Piccadilly)

7. Pinner (Metropolitan)

8. Croxley (Metropolitan)

9. Rayners Lane (Metropolitan, Piccadilly)

10. Hornchurch (District)

Elsewhere, demand has fallen for properties in Chorley Wood, Mill Hill East and Northwood.

And itís central London stops in areas such as Bond Street and Oxford Circus which are experiencing the least demand overall. No doubt the pricey properties in the area are a little off-putting for the average house buyer.

The 10 least in demand Tube stops for property

1. Bond Street (Central, Jubilee)

2. Oxford Circus (Central, Victoria, Waterloo)

3. Marble Arch (Central)

4. Marylebone (Bakerloo)

5. Baker Street (Bakerloo, Circle, Metropolitan, Jubilee)

6. Knightsbridge (Piccadilly)

7. Piccadilly Circus (Bakerloo, Piccadilly)

8. Regentís Park (Bakerloo)

9. Green Park (Jubilee, Piccadilly, Victoria)

10. Hyde Park Corner (Piccadilly)

Taking into account all the stations, demand across each Tube line has risen, and despite it having the worst record for delays, itís the Central line on which people are looking to live more than any other. Itís the Jubilee line however which has seen the biggest rise in demand and is one to watch, according to Emoov, which compiled the figures.

East London may be on the up, but itís still predicted to rise further, according to Emoovís founder and chief executive Russell Quirk. ďWith great transport links via the Jubilee and Central Lines as well as the development of the Cross Rail project, strength of demand in this areas should remain due to the improving transport infrastructure, as well as the affordability of property when compared to the rest of the capital.Ē

www.cityam.com/

back to top

Site Map | Privacy Policy | Terms & Conditions | Contact Us | ©2018 PropertyInvesting.net