Standard fare for Bakerloo Line

Property journalists - their boosterism makes BC look coy. Today's Evening Standard has got in as quickly to the Bakerloo bonanza as it advises its readers to.

Today's Homes & Property section predicts that South East London will be transformed by the Bakerloo Line extension, which is coming sooner rather than later and highlights New Cross and Lewisham as being among the biggest beneficiaries of its brown beneficence. The paper says:

South-east London is already seeing a surge of interest as homebuyers and renters wake up to its lower prices and good commuter links to the City and Canary Wharf. Now, [the Bakerloo Line] is set to be the capital’s next major Tube upgrade.

Analysis by estate agent Winkworth shows a marked population shift to south-east London. “The first wave was triggered by the arrival of the Overground three years ago, and the Bakerloo line extension will accelerate the trend.”

New Cross Gate is set to be a big Bakerloo line beneficiary This transport interchange is already plugged into the Overground and also offers five-minute trains to London Bridge, a fast Thameslink service to Gatwick and a one-stop connection to the Jubilee line. For many years the area’s only two attractions were Goldsmiths College, where Damien Hirst studied fine art, and The Venue, a lively nightclub. But things are changing.

Young singles and couples — not just public sector key workers, but Canary Wharf and City types too — are finding homes. Families are settling here as well. One sought-after pocket is Telegraph Hill conservation area, perched at the top of a slope and offering wide tree-lined roads, great views, two parks, a community cafĂ© and Haberdashers’ Aske’s school, one of the most oversubscribed state secondaries in London.

Lewisham is in the throes of a town centre makeover, bringing hundreds of new homes, a modern transport interchange, a new shopping mall and pedestrian-friendly public spaces.

Catford and Lewisham are almost joined at the hip, with barely half a mile between the two town centres. For decades, Catford’s main draw was its Greyhound Stadium, now being redeveloped into a 588-home quarter called Catford Green, right alongside the proposed Bakerloo line station.

16 comments:

Tyrwhitt Michael said...

Two things I never thought I'd see in the same sentence; Damien Hirst and the Venue.....

Guest said...

I will eat my hat if Bakerloo Line extension is build within the next 20 years. Too many developers with money bags in South West London for TFL to ignore.

Brockley Nick said...

Happy to take that bet. It won't be an either/or.

Testing said...

The same developers could buy up pretty much the whole of old kent road for the price of a house in parts of the south west, I bet it will be here in 20 years.

MoreLikeFifteen said...

New Cross Gate ... offers five-minute trains to London Bridge. Bahahahaha, as if...

Guest said...

This is one bet I want to lose but with Crossrail 2 recommended over the Bakerloo Line extension, I doubt we will see any construction beginning before 2030 with completion 10 years later at the earliest. It will probably get cancelled anyway to make way for yet another shinier new tunnel in West London for them tfl bosses.

Anon said...

I'm surprised you didn't pick up what Boris & George said last week BUT it relies on the Conservatives winning the next election.

Would (spend our way out of austerity) Ed and his party ditch the plan in a Labour borough? Is there a danger newcomers to the area would more likely not vote red?


Does it mean more visits from Kirstie & Phil to 'up and coming' Catford or as it is known Blackheath South?

Anon said...

Could the Standard article be on the back of the full page ads promoting the micro apartments at Riverdale House which go on show this week?

Woman of Brockley said...

Brockley to NXG - two minutes. NXG to the points just outside LB - 2 minutes. Time till a platform becomes available in LB and the points change - 10 minutes.

Slow coach commuter said...

Indeed, I was on such a train this evening.

London Bridge.....one day it will be ready for all the trains and their customers. At the moment, it is a few minutes to the beginning of a queue and you wait and wait.....

How many times have we heard that New Cross will be the next Peckam? Dream on!

anon said...

It took TFL 1 year to build an elevator... good luck

anon said...

Labour comment on the subject of Bakerloo extension



"The Labour MPs argue that a growing population of younger people
would be served if the line goes further west instead — to Camberwell,
Herne Hill and Streatham.

Mr Umunna, the Streatham MP, said:
“Boris is failing in his duty as Mayor to represent the needs of all
Londoners. Clearly he is so distracted by his ambition to be Tory leader
he has forgotten about his actual responsibility as Mayor of London.”"

Brockley Nick said...

How ridiculously self-serving.

Olaf_Hansen said...

Surely this is how you get the tube to Streatham i.e. after Crossrail 2 when capacity exists on Victoria Line.

http://www.ianvisits.co.uk/blog/2015/02/22/extending-the-northern-line-to-peckham-and-streatham/

Toga Party said...

Kirstie and Phil have already been to Catford and done that and yes property prices in Catford are sky rocketing.
First timers in SE6 now need at least £280,000 for a one bed. That's nearly twice the price of the rest of the UK.

Charlie said...

The benefit of the Old Kent Road alignment is that it will put more people within reach of stations where there are none. Camberwell has Loughborough Junction and Herne Hill and Streatham have trains to multiple London terminals.

Brockley Central Label Cloud