South West London

News, events, tips and advice on SW London

Archive for November, 2014

Why South West London is really moving

SW london moving

London’s congested roads, teeming tube carriages, packed trains and busy busses mean good transport links are one of the most crucial factors in most people’s choice of where to live in the capital.
A property that’s close to the centre of London and has a train or tube station nearby can be up to 20% more expensive than other properties further away, recent research has shown.
Consequently, news that transport links in SW London are due to be upgraded and extended in the coming months and years is exciting news for anyone looking to move into this part of the capital.
The proposed £1 billion extension of the Northern Line has just been given the go-head by the government and is likely to be completed by 2020. It will start at Kennington and run from there to Battersea Power Station to serve the huge new housing, shopping and recreational development under way at the site. A further station is set to be built in between at Nine Elms.
This will give an area that, until now, has been relatively badly served by public transport, a huge lift as well as bringing thousands of new residents and visitors to the area.
There is significant interest from those looking to buy one of the 18,000 new homes planned for the area, which is centred around the new US embassy and the redeveloped power station.
The transport upgrade does not begin and end with the Underground; if you cycle in London then you’ll be interested to hear about plans to make the roundabout at Queen’s Circus one of the first fully segregated interchanges in London, with raised kerbs and traffic lights set to safely keep cars and bikes apart.
Also, nearby Wandsworth town centre is to become less congested soon if plans by the council to remove much of the one-way gyratory within the town and replace it with two-way roads get the thumbs up following a public consultation.
“Improved transport links and new stations can have a very dramatic effect on an area’s popularity and in particular on house prices, so it will interesting to see what these improvements do for Wandsworth and especially the Nine Elms area,” says Ewen Bunting, Sales Director at London estate agents James Pendleton.

To find out more about how improved transport links could be effecting house prices in your area contact us here today.