Up and coming areas of London 2023

Up and coming areas of London 2023

There is something about the city pulse which just keeps everything moving. London is an ever-changing landscape with boroughs and areas becoming gentrified, and new transport links lighting up unknown parts of the suburban hinterlands. With the new Elizabeth line providing transport links into the city, Abbey Wood, Shenfield, and Reading, and all in between, are places of interest for home buyers and renters.  Eastern and western arms of the line put Southall and Forest Gate firmly on the relevant London map.  Here are a few places to watch out for in London over the next years as they gain more popularity through redevelopment and better transport links. 

Nine Elms 

Since 2021, the new Nine Elms station has been serving this designated regeneration area. As part of the Northern Line extension to Battersea it provides quick access this new area which is now home to the Embassy of the United States and New Covent Garden Market.  40 major development sites here aim at building 20,000 new homes between now and 2030. Private sector money realizes the potential of riverside apartments and mixed-use commercial, residential and business areas.  With the city centre within 15 minutes reach, this new area of regeneration will become a bustling residential and commercial area. This development will further enhance the Southbank of the Thames which is already a cultural and artistic mecca. 

Brentford 

With the Bees tearing away in the Premier League and Brentford’s new football stadium, this west London area is experiencing something of a face lift. Griffin Park, the former Brentford stadium is set to become 145 new homes with parking, plus there are many new build developments around Brentford Lock and the river.  The New Brentford Project that runs along the bank of the Thames is a mixture of residential apartments and commercial spaces. The Apartments, The Lanes, and The High Street make up the Brentford Project, plus there is already the trendy Santa Maria pizzeria set in the Duke of London classic car hub, making it anything but prefabricated. The Moorings offers affordable housing options for those who want to get on the property ladder on the Brentford Lock.  Network Homes are set to have another 69 affordable housing options by 2024.  New investment amongst Brentford’s period terraces and council estates, as well as the houseboat community,  suggest a diverse neighborhood is on the cards.  While it may be developing it may still contain most of the community spirit that has kept Brentford fans so loyal over the years. 

Abbey Wood 

At the Eastern end of the Elizabeth line Abbey Wood has experienced accelerated house prices, from £175,550 in 2012 to £392,608 today. It straddles the borders of the Borough of Greenwich and the London Borough of Bexley.  Plenty of new build options in the area increase housing stock and offer energy-efficient properties for sale. Names after Lesnes Abbey, the Lesnes Abbey Woods are open for visitors all year round.  Breathtaking views from the woods and the atmospheric Abbey ruins give this location a rural and relaxing feel.  For those that want city life, but at a distance Abbey Wood, with its range of Ofsted schools is an excellent choice. 

Hanwell

On the Western side of the Elizabeth Line, just past Ealing and West Ealing is the pretty parish of Hanwell.  While the Uxbridge Road high street has some room for improvement, access to the River Brent and the Bunny Park make it a delightful area.  Several listed buildings in the area and some beautiful churches preserve the parish feel of bygone London.  Period terraced cottages and houses make up a lot of the housing stock and contribute to the nostalgic local feel. House prices last year were around £670,000, considerably less than neighbouring Ealing’s £800,000. Within the Borough of Ealing, Hanwell can be considered under Ealing’s title of The Queen of the Suburbs

The impact of gentrification in London

Gentrification occurs when an influx of wealthier households buy property in an area causing the house prices to rise.  The existing residents often are displaced as they increasingly cannot afford the rent and local services which develop around the new residents.  In the process, low-quality houses are replaced with more aspirational homes and neighbourhoods. In some cases, it is industrial or old commercial areas that are transformed into residential neighbourhoods.  Industrial riverside areas in London have been a focus for investment and gentrification, we see with Brentford and Nine Elms.  With new development of riverside industrial areas into mixed-use commercial and residential areas, the city is expanding.  In addition, the fast rail links into the city will increase the possibilities of Londoners to live in the city, but at a more relaxed pace in the suburbs. 

Quadra in Hackney Fields

Quadra in the sought after neighbourhood of Hackney Fields is a housing development of “downsizer” homes. Age exclusive, these flats are built for those over 55, aimed at baby boomers heading into retirement.  Providing a central location with a smaller footprint is the aspirational model for those that can release equity by shedding the family nest. Built to mobility standards, but differentiated from a residential care complex, these flats are deliberately placed within a lively, youthful area of London. A 2-bedroom, 2-bathroom flat can be bought for £550,000.  London Fields is the nearest station. While younger generations that struggle to buy into this area may resent this age-exclusive development, it is a unique response to an untapped part of the demographic, that of the downsizer. 

Downsizing and storage in London 

As London’s favourite removal and storage company, we help people solve problems. If you are downsizing into a new property, one way we can help is with our various storage packages.  Aussie London has three storage options.  One option is the AusBox storage that comes in two sizes, 175 cubic feet of storage at £12.95 a week plus VAT, and 250 cubic feet at £24 per week plus VAT. If you can pay 6 months in advance, we can come and collect your items for free.  With the AusBox, you can visit your storage four times per calendar month at no extra charge.  If you are planning a home renovation, or a house move, you may also find our self-storage or long-term storage options very handy. 

Aussie removals and storage in London 

Our customer reviews demonstrate that whether it’s our removals services or our Man and Van team, our services will always be five-star. If you need to relocate an office, or archive and store equipment, we can put a plan together for you that will work long-term. If you are moving home and daunted at the prospect, let us guide you through the process and take on all the heavy work. Plus we have a range of services for landlords and tenants that can come in handy if you need a quick end-of-tenancy clean, or an emergency handymanGet in touch with Aussie today for a quote or to discuss your removals and storage needs. We will be only too happy to tailor-make a service that suits you best, keeping costs down, and your spirits high. 

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