New line 'will make Forest Hill boom-spot'

A South-East London suburb could become a rental property boom-spot, as housing experts predict strong knock-on effects from improved transport links that will help the area feel more like part of the capital.

The Telegraph claimed that green and tranquil Forest Hill will soon benefit from the buzz of London commuting and higher demand for its property, once the East London Line extension is complete and running.

Forest Hill - in the borough of Lewisham - had much to gain from the revamp of the underground line, claimed the newspaper, with house prices likely to remain strong now that work has begun on the £1 billion East London Line project.

Polly Ogden, branch manager of Wates Residential, told The Telegraph: "There's no doubt that the lack of a Tube station has held prices back.

"Everyone's been talking about the East London line extension for years, but now that the rumour's turning into reality, there's a real buzz in the area."

Running from West Croydon to Dalston Kingsland and eventually Highbury and Islington in the north, the new line will allow Forest Hill residents easy access to Canary Wharf (via Canada Water), and the City, via Shadwell and the DLR.

Published 21st January, 2008

© 2008 Estates IT Limited

Latest London Property News Headlines

Camden house prices rise at fastest rate in UK

Camden house prices rise at fastest rate in UK

Amid widespread concern over a possible housing bubble, house prices in the London Borough of Camden are rising at a faster rate than anywhere in the UK. The Nationwide House Price Index reports higher prices across London and the South East in its third quarter report, but Camden is particularly hard hit.

Read Article ... Published on 28th October, 2014

Islington Council launches a new initiative for renters in the borough

Islington Council launches a new initiative for renters in the borough

These include - a proposal for extra landlord licensing along Holloway Road and Caledonian Road, and a new council-run lettings agency to give tenants access to affordable homes.

Read Article ... Published on 27th October, 2014

Wandstead: A picturesque suburban area in the heart of London

Wandstead: A picturesque suburban area in the heart of London

Wanstead in the London borough of Redbridge, is a picturesque and desirable suburb in which to live. It has a largely suburban feel to it, and has lots of green spaces and open landscapes. The area is a very historical one and contains ancient royal connections, as well as great schools.

Read Article ... Published on 24th October, 2014

Islington Council chosen to trial new apprenticeship standard

Islington Council chosen to trial new apprenticeship standard

Islington Council has been selected to lead the way in a new scheme which would transform the way apprenticeships are delivered in the borough.

Read Article ... Published on 23rd October, 2014

Harlesden town centre gets a revamp

Harlesden town centre gets a revamp

A major regeneration project is taking place in Harlesden Green, it has been revealed.

Read Article ... Published on 23rd October, 2014

New campaign aims to revamp former chemical site

New campaign aims to revamp former chemical site

An eyesore located in the heart of east London could be transformed into an area of natural beauty, thanks to recent announcements.

Read Article ... Published on 23rd October, 2014

Cost of renting drops in UK regions

Cost of renting drops in UK regions

It is becoming cheaper to rent property across the UK, according to new findings.

Read Article ... Published on 21st October, 2014

Hounslow Council announces £2.2m investment into Gunnersbury Park

Hounslow Council announces £2.2m investment into Gunnersbury Park

Hounslow Council is investing millions into regenerating the area, according to new research.

Read Article ... Published on 20th October, 2014

Manor Park: An authentic and simplistic area in the heart of Newham

Manor Park: An authentic and simplistic area in the heart of Newham

Manor Park is a district based in the borough of Newham. It is not too far from Forest Gate and has excellent transport links into central London.

Read Article ... Published on 17th October, 2014

Southwark Council launches drive to boost private rental sector homes

Southwark Council launches drive to boost private rental sector homes

Southwark Council has introduced new measures to boost the quality of private rented sector housing in the borough, it has been announced.

Read Article ... Published on 15th October, 2014

A south-east London suburb could become a rental property boom-spot, as housing experts predict strong knock-on effects from improved transport links that will help the area feel more like part of the capital.

Do you want a Short Let?

Do you want a Commercial Let?



Like this?
Share this
Follow Net-Lettings
Facebook Net-Lettings.co.uk Twitter Net-Lettings.co.uk RSS Feed
Follow Estates IT
Facebook Estates IT Twitter Estates IT RSS Feed

Estates IT offering Estate Agents Software. Lettings Agent Software, Rental Software, Property Management Software.
Net-Lettings.co.uk

Net-Lettings.co.uk was one of the first property and agent directory websites on the internet launched in 1996. We still believe in simplicity today. Use this London Lettings Directory for all your rental property needs whether a Tenant or Landlord.

Subscribe to RSS feed, or bookmark us so you do not miss any London News Articles we publish.

London Areas

London is a diverse community of people. There are many areas to choose from we have around 245 that appear on the map and approximately 338 total London areas. Here are just a few of the latest hot areas.

Letting Agents Docklands
Letting Agents Camden
Letting Agents Notting Hill
Letting Agents St John's Wood

Advertising & Sales

This site offers Letting Agents low cost effective advertising of their web site. We are not a Letting Agency but connect you directly Lettings Agents in your required area. Letting Agents see below options available with Net-Lettings. You can contact or follow us below.

Advertise on this site ...
Register with us ...
Need Estate Agent Software?

Nibbler report