New figures show just how valuable Crossrail will be to West London property owners

Residential property prices and rents forecast to rise by more than 10% in West London as Crossrail will dramatically shorten journey times to central London

West London property owners are likely to be the next beneficiary of London’s continuing transport upgrades to its transport infrastructure, with Crossrail and a new runway at Heathrow set to boost property prices in the area.

Furthermore Imperial College ranked the 4th best University in the world in 2018* has recently developed a world leading campus at White City, bringing together world-class researchers, businesses and partners from academia to work, share ideas and turn cutting-edge research into benefits for society. The University’s investment follows on from the £1.6bn development of the Westfield London which, at the equivalent size of 30 football pitches, is the largest shopping centre in the UK.

Coupled together these factors lead international property forecasters** to suggest that house prices and rents in this West London area are expected to rise by more than 10% in the next five years.

Crossrail is due to be operational by autumn 2019 and a third runway at Heathrow has been approved by the Government, so now may be the best time to buy or invest before the transport links’ scheduled openings. 

ludlowthompson has consistently emphasised the value that new transport links and modern infrastructure can add to homes, not just in West London but across the capital. 

London’s ‘always on’ transport infrastructure has made it increasingly easy for people living in zone 2 and 3 to enjoy all the benefits of central London’s working and social life without long journey times, as we have previously explained here.

The existing Night Tube and extended  London Overground Night Service coupled with Crossrail will make it quicker than ever before to go right across London 24/7 from East to West and connect Canary Wharf with the City and the West End. This will make places like Acton even more desirable than ever for young professionals and families.

Stephen Ludlow, Chairman at ludlowthompson, says: “London continues to be the most attractive place to buy a property in the UK, and the ever improving transport links are only going to make it more desirable.”

“West London is fast becoming one of the best connected places in the UK, which is only going to increase its popularity going forward. Now may be the best time for landlords or people looking for a home to enter the property market whilst there is evidence to support considerable upside and with it price growth to come.”

*World Top 20 Project - Global Universities Ranking

**JLL insight – West London September 2018