{"id":22235,"date":"2018-12-05T15:41:59","date_gmt":"2018-12-05T15:41:59","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=22235"},"modified":"2018-12-05T15:41:59","modified_gmt":"2018-12-05T15:41:59","slug":"rents-rise-in-london-along-crossrail-route","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/12\/05\/rents-rise-in-london-along-crossrail-route\/","title":{"rendered":"Rents rise along Crossrail route"},"content":{"rendered":"
The effect of the long-planned Crossrail link through London that is nearing completion has been seen in a rise in rents near to the line, research has shown.<\/strong><\/p>\n Analysis from Landbay of the areas near the 38 stations on the route that are outside of London\u2019s central Zone 1 shows that average rents were \u00a31,376 in June 2018 \u2013 up from \u00a31,193 in January 2012. That\u2019s a growth of 15.34%, compared to 8.20% rise in rents in the rest of London over the same period.<\/p>\n Leading the way in growth on the route, which stretches from Reading in the west to Shenfield in the east, is Southall where rents have grown by 38% since 2012 to stand at an average of \u00a31,517. Second on the list is much further east, with Manor Park seeing rents go up by 37% while Romford, further down the route from Manor Park, is third on 30.5%.<\/p>\n Rents in some areas have fallen, however, with rents in Taplow dropping by 2%, and in Maryland by 6.51%.<\/p>\n