Apr
10

Fast Trains Boost London Fringe Homes by 29% Before Tracks Open

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  • Home values in West Ealing, Palmers Green lead price gains
  • Price growth in commuter markets to outperform central areas

Home prices are surging in London’s outer districts as improvements to rail networks and lower prices lure Londoners further out of the expensive city center.

Home values in West Ealing, where the commute time to London Liverpool Street will fall by half when a Crossrail train station opens in 2019, climbed 29 percent in the 12 months through February, according to a Bloomberg analysis of preliminary Land Registry data. That compares with a 12 percent increase for London as a whole, the data showed…

Fast Trains Boost London Fringe Homes by 29% Before Tracks Open

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