East London Line drives Brockley house prices

Prices of homes near the East London Line have risen faster than the London average, with houses near Brockley Station experiencing the second-fastest rise along the overground route, according to research by Hamilton International, reported in today's City AM. The paper says:

Homes within a 10 minute walk of an overground station have outdone the rest of London’s house price growth since the line was set up in 2007 [sic]. Now, house prices sit 31 per cent higher than the capital’s average level for homes near the stations. In 2007, they were around 15 per cent more expensive. 

Some of the areas with nearby underground stations have seen prices swell even more rapidly than the London average... Dalston Kingsland, Brockley and Hackney Central’s prices have risen by an average of 31, 30 and 29 per cent in the last year respectively.

With thanks to Alastair for the report.

9 comments:

Monkeyboy said...

Best of all (if you look at the source report on the Hamptons site) it confirms that the Overground is now the "Ginger Line".

Brockley Nick said...

I really hate the name Ginger Line.

Crepi said...

Ginger whine?

Rose Bud said...

me too.

Gingerlinefan said...

I love it

Monkeyboy said...

get a +1 from Malpas Road

Happy said...

at least we have one thing better than the rest of London great house prices

brockley man said...

Liking the name: The Ginger Line! Well done.

Ollie said...

It's the Hipster Express, I thought everyone knew that?

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