In a previous blog we discussed the Your New Town Hall project in Lambeth and how it would free up land for new homes. The first of these were completed in March at the Wynne Road site to the north of Brixton town centre. The land was freed up during the restructuring of council offices and is now home to 25 brand new one bedroom flats. Continue reading
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Kingston Council is planning a 2,000 home project
The growth in prices in outer Boroughs in London and availability of more space is driving demand. As a result many local councils in these areas are looking to create new homes to satisfy demands. Kingston Council became one of the latest towards the end of March when they revealed their plans for Cambridge Road Estate. They will regenerate the site to create 2,000 homes. Continue reading
Kensington and Chelsea has retained the title of most expensive area in England
The latest figures from the Office of National Statistics (ONS) reveal that Kensington and Chelsea remains the most expensive area to live in England. It has held this title since 1997, the first year the data was collected. Continue reading
Islington has grown into an attractive destination
Islington has proven to be a popular destination for people moving from Westminster and Kensington and Chelsea. The area offers more space and better value for money whilst still delivering great transport links and a central location. As a result Prime areas in the Borough have been pushed forward, enjoying good increases in value. Continue reading
Two popular areas in Hounslow
Osterley and Isleworth in the London Borough of Hounslow have a very interesting history. Both areas were popular amongst aristocrats and rich industrialists when the court was held at Kew. These people purchased lots of land in the areas and built large mansions. Only two of these remain; Osterley House and Syon House. Continue reading
The Crossrail effect is continuing
New figures from Land Registry show that Hillingdon has been the highest performing Borough in London in the last year. Values have rise by 17.1%, almost three times faster than the national average in the same period. The Borough of Havering had a similar rise but remains slightly behind in terms of the average price. Continue reading
Ambitious property investment in Havering by the local authority
Havering Council is planning one of the most ambitious projects to tackle the demand for houses in the Borough. The Housing Regeneration Programme will see an estimated 3,500 new homes created within the next ten years. Approximately £1 billion will be invested to accomplish this, making it one of the biggest local authority led projects not just in London, but across the UK. Continue reading
A green light for a development in Harrow
New homes will soon be created in Wealdstone, Harrow in close proximity to the local station after a project previously rejected was given the green light by the Mayor of London. The Palmerston Road development will be seventeen storeys tall when it is finished, creating 186 homes, 74 of which will be affordable. Continue reading
Making progress with the Haringey Development Vehicle (HDV)
The Haringey Development Vehicle (HDV) is an approach the local Council has taken to develop the significant amount of land in the area, creating new homes and jobs in the process. The strategy is an interesting one and will involve a partnership between the authority and a private developer. That way financing becomes easier, development can proceed at a faster pace, and profits can be shared to be reinvested. Continue reading
New office and retail space can impact the property market
A new mixed use scheme could see the 70s Landmark House and Thames Tower buildings demolished and replaced with new towers twice their current height. This would boost the amount of office space and create extra facilities such as a hotel and a bar. Continue reading
