Following the long-awaited arrival of the new Elizabeth Line, Bull and Bear discuss the project and its impact on property values along the route.
The opening marks the beginning of a new era for London transport. However, it won’t be until May next year that passengers will be able to travel directly from one end of the line to the other.
Shoreditch and Clerkenwell have seen office rent increases in excess of 120% since the proposal to build Crossrail was given Royal Ascent in 2008.
The Elizabeth Line has already had a transformational impact on the residential market. Average house prices surrounding 76% of stations served by the route have outperformed the regional average.