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House buyers’ most in-demand Tube stop is… outside London
The Tube is London’s lifeline, connecting the sprawling North West to the green South East, from Amersham to Morden and Lewisham.
A study by online estate agent eMoov.co.uk has found the hottest and coldest Underground Stations to live close to, based on data from major property portals, with a surprising result.
The hottest stop on the Underground network is Watford, home to Geri Halliwell and only accessible through the Metropolitan line, with demand for properties at 78% – and it’s not even in (Greater) London, but in Hertfordshire.
Demand – defined as the percentage of properties currently sold – along the Underground lines is steadily growing: the last six months saw an increase of 13% across the 280 stations making up the network, but in some locations demand is exploding.
Tube strike madness: nearly 100 million customers pass through Oxford Circus each day – but demand for flats is declining.
While the Central line is the most popular to live on – demand saw a 14% rise and is at its highest ever – the top three least popular stations are right in the middle of it: Bond Street, Oxford Circus and Marble Arch.
‘Our research shows that the East London property market is on fire at the moment,’ Russell Quirk, founder and CEO eMoov.co.uk, said.
‘From city brokers, trendy hipsters to commuting parents, the East offers up a variety of property for every type of homeowner.’
East London stations clocked the highest rise, with demand around East Ham Station – sitting just on the border between Zone 3 and 4 – rising by 26%; it’s followed by Woodford, in Zone 4 on the Central Line, and Zone 6’s Upminster Bridge, which rose by 25% and 23% respectively.
The post House buyers’ most in-demand Tube stop is… outside London appeared first on Gay Star News.
Stefanie Gerdes
www.gaystarnews.com/article/house-buyers-most-in-demand-tube-stop-is-outside-london/
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