{"id":1876,"date":"2025-02-18T09:52:35","date_gmt":"2025-02-18T09:52:35","guid":{"rendered":"https:\/\/www.benhams.com\/press-release\/?p=1876"},"modified":"2025-03-20T04:14:36","modified_gmt":"2025-03-20T04:14:36","slug":"hillingdon-homeowners-sell-before-third-runway-expansion","status":"publish","type":"post","link":"https:\/\/www.benhams.com\/press-release\/london-property-market\/hillingdon-homeowners-sell-before-third-runway-expansion\/","title":{"rendered":"Hillingdon homeowners look to depart before third runway takes off, as seller market activity surges across the borough"},"content":{"rendered":"<p><img decoding=\"async\" data-src=\"https:\/\/www.benhams.com\/press-release\/wp-content\/uploads\/2025\/02\/1739858130_imgpsh_fullsize_anim-300x200.webp\" alt=\"Hillingdon homeowners look to depart before third runway takes off, as seller market activity surges across the borough\" width=\"300\" height=\"200\" class=\"alignright size-medium wp-image-1877 lazyload\" data-srcset=\"https:\/\/www.benhams.com\/press-release\/wp-content\/uploads\/2025\/02\/1739858130_imgpsh_fullsize_anim-300x200.webp 300w, https:\/\/www.benhams.com\/press-release\/wp-content\/uploads\/2025\/02\/1739858130_imgpsh_fullsize_anim-768x512.webp 768w, https:\/\/www.benhams.com\/press-release\/wp-content\/uploads\/2025\/02\/1739858130_imgpsh_fullsize_anim.webp 900w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/200;\" \/>The latest research by London lettings and estate agent, Benham and Reeves, has revealed that since the government announced its intentions to move ahead with the third runway at Heathrow, there has been a surge in homes entering the market for sale across the London Borough of Hillingdon.<\/p>\n<p>Two weeks ago (29th January 2025), the government spoke to an audience of business chiefs at Siemens in North Oxfordshire, with the Chancellor setting out the government\u2019s latest string of reforms to help boost economic growth. <\/p>\n<p>Amongst them was its for a third runway at Heathrow with the government inviting proposals for the project, <a href=\"https:\/\/news.sky.com\/video\/heathrow-expansion-government-supports-third-runway-but-local-residents-concerned-13299088\" target=\"_blank\" rel=\"noopener\">news which was met with concerns from local residents<\/a>.<\/p>\n<p>The latest property market analysis from Benham and Reeves suggests that there has already been a surge in homeowners looking to exit the borough, as the level of stock reaching the market since the announcement has increased considerably versus the level of stock seen the previous two weeks. <\/p>\n<p>The research* shows that in the two weeks since the government announced its support for a third runway at Heathrow, 268 homes have been listed for sale across the London Borough of Hillingdon. <\/p>\n<p>This marks a 19% increase in new homes reaching the market when compared to the two weeks prior to the government\u2019s public support for a third Heathrow runway. This is the ninth largest increase of all London boroughs and considerably higher than the London average of just 2%. <\/p>\n<p>What\u2019s more, in the two weeks prior to the announcement, Hillingdon ranked at number 20 with respect to new homes listed over a 14 day period as a proportion of total for sale stock. Since the announcement, the borough has climbed to number 14 in the table. <\/p>\n<p><strong>Director of Benham and Reeves, Marc von Grundherr, commented<\/strong><\/p>\n<p>\u201cThe government clearly views a third runway at Heathrow as a vital aspect of its growth plans and there\u2019s no denying that it would bring considerable benefit to the capital as a whole. <\/p>\n<p>However, this benefit could well come at the expense of homeowners in Hillingdon, who are set to endure a considerable period of disruption whilst the project is implemented, not to mention the further strain on local infrastructure and the increased noise pollution. <\/p>\n<p>So whilst we\u2019ve certainly seen a higher degree of recent market activity across some boroughs of London, it\u2019s clear that since the announcement, there has been a notable surge in seller activity across Hillingdon, as the go ahead for a third runway pushes many off the fence and into the market before property values are negatively impacted.\u201d<\/p>\n<div class=\"table-responsive mb20\">\n<table\n              class=\"press-table textfLeft table-fixed font-12\"\n              \n              border=\"1\"><\/p>\n<tbody>\n<tr class=\"bg-table-blue\">\n<th style=\"text-align:left;\">Location<\/th>\n<th>Total stock &#8211; 29th Jan 2025<\/th>\n<th>Listed in the last 14 days<\/th>\n<th>% of All Listed in Last 14 Days<\/th>\n<th>Current Stock &#8211; 13th Feb 2025<\/th>\n<th>Total available listings &#8211; added last 14 days<\/th>\n<th>% of All Listed in Last 14 Days<\/th>\n<th>Change in Stock Listed in Last 14 Days<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>City of London<\/td>\n<td>384<\/td>\n<td>20<\/td>\n<td>0.2%<\/td>\n<td>418<\/td>\n<td>34<\/td>\n<td>0.4%<\/td>\n<td>70%<\/td>\n<\/tr>\n<tr>\n<td>Waltham Forest<\/td>\n<td>804<\/td>\n<td>134<\/td>\n<td>1.5%<\/td>\n<td>1,005<\/td>\n<td>201<\/td>\n<td>2.2%<\/td>\n<td>50%<\/td>\n<\/tr>\n<tr>\n<td>Hackney<\/td>\n<td>1,314<\/td>\n<td>192<\/td>\n<td>2.1%<\/td>\n<td>1,566<\/td>\n<td>252<\/td>\n<td>2.7%<\/td>\n<td>31%<\/td>\n<\/tr>\n<tr>\n<td>Bromley<\/td>\n<td>1,296<\/td>\n<td>203<\/td>\n<td>2.2%<\/td>\n<td>1,560<\/td>\n<td>264<\/td>\n<td>2.8%<\/td>\n<td>30%<\/td>\n<\/tr>\n<tr>\n<td>Haringey<\/td>\n<td>1,110<\/td>\n<td>181<\/td>\n<td>2.0%<\/td>\n<td>1,343<\/td>\n<td>233<\/td>\n<td>2.5%<\/td>\n<td>29%<\/td>\n<\/tr>\n<tr>\n<td>Barking and Dagenham<\/td>\n<td>480<\/td>\n<td>87<\/td>\n<td>1.0%<\/td>\n<td>590<\/td>\n<td>110<\/td>\n<td>1.2%<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Islington<\/td>\n<td>1,594<\/td>\n<td>236<\/td>\n<td>2.6%<\/td>\n<td>1,885<\/td>\n<td>291<\/td>\n<td>3.1%<\/td>\n<td>23%<\/td>\n<\/tr>\n<tr>\n<td>Havering<\/td>\n<td>1,103<\/td>\n<td>239<\/td>\n<td>2.6%<\/td>\n<td>1,390<\/td>\n<td>287<\/td>\n<td>3.1%<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr style=\"background-color: #ffff00;\">\n<td>Hillingdon<\/td>\n<td>1,357<\/td>\n<td>225<\/td>\n<td>2.5%<\/td>\n<td>1,625<\/td>\n<td>268<\/td>\n<td>2.9%<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Merton<\/td>\n<td>1,217<\/td>\n<td>224<\/td>\n<td>2.5%<\/td>\n<td>1,472<\/td>\n<td>255<\/td>\n<td>2.7%<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Newham<\/td>\n<td>1,624<\/td>\n<td>233<\/td>\n<td>2.6%<\/td>\n<td>1,878<\/td>\n<td>254<\/td>\n<td>2.7%<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Enfield<\/td>\n<td>1,368<\/td>\n<td>222<\/td>\n<td>2.4%<\/td>\n<td>1,609<\/td>\n<td>241<\/td>\n<td>2.6%<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Bexley<\/td>\n<td>767<\/td>\n<td>165<\/td>\n<td>1.8%<\/td>\n<td>941<\/td>\n<td>174<\/td>\n<td>1.9%<\/td>\n<td>5%<\/td>\n<\/tr>\n<tr>\n<td>Hounslow<\/td>\n<td>1,733<\/td>\n<td>251<\/td>\n<td>2.8%<\/td>\n<td>1,995<\/td>\n<td>262<\/td>\n<td>2.8%<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>Lewisham<\/td>\n<td>1,683<\/td>\n<td>284<\/td>\n<td>3.1%<\/td>\n<td>1,978<\/td>\n<td>295<\/td>\n<td>3.2%<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>Kingston upon Thames<\/td>\n<td>1,056<\/td>\n<td>182<\/td>\n<td>2.0%<\/td>\n<td>1,243<\/td>\n<td>187<\/td>\n<td>2.0%<\/td>\n<td>3%<\/td>\n<\/tr>\n<tr>\n<td>Sutton<\/td>\n<td>846<\/td>\n<td>186<\/td>\n<td>2.0%<\/td>\n<td>1,036<\/td>\n<td>190<\/td>\n<td>2.0%<\/td>\n<td>2%<\/td>\n<\/tr>\n<tr>\n<td>Tower Hamlets<\/td>\n<td>3,463<\/td>\n<td>454<\/td>\n<td>5.0%<\/td>\n<td>3,920<\/td>\n<td>457<\/td>\n<td>4.9%<\/td>\n<td>1%<\/td>\n<\/tr>\n<tr>\n<td>Croydon<\/td>\n<td>2,338<\/td>\n<td>389<\/td>\n<td>4.3%<\/td>\n<td>2,729<\/td>\n<td>391<\/td>\n<td>4.2%<\/td>\n<td>1%<\/td>\n<\/tr>\n<tr>\n<td>Hammersmith and Fulham<\/td>\n<td>1,807<\/td>\n<td>252<\/td>\n<td>2.8%<\/td>\n<td>2,059<\/td>\n<td>252<\/td>\n<td>2.7%<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Brent<\/td>\n<td>3,130<\/td>\n<td>452<\/td>\n<td>5.0%<\/td>\n<td>3,580<\/td>\n<td>450<\/td>\n<td>4.8%<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Greenwich<\/td>\n<td>1,509<\/td>\n<td>255<\/td>\n<td>2.8%<\/td>\n<td>1,762<\/td>\n<td>253<\/td>\n<td>2.7%<\/td>\n<td>-1%<\/td>\n<\/tr>\n<tr>\n<td>Kensington and Chelsea<\/td>\n<td>3,581<\/td>\n<td>374<\/td>\n<td>4.1%<\/td>\n<td>3,950<\/td>\n<td>369<\/td>\n<td>4.0%<\/td>\n<td>-1%<\/td>\n<\/tr>\n<tr>\n<td>Ealing<\/td>\n<td>2,637<\/td>\n<td>392<\/td>\n<td>4.3%<\/td>\n<td>3,016<\/td>\n<td>379<\/td>\n<td>4.1%<\/td>\n<td>-3%<\/td>\n<\/tr>\n<tr>\n<td>Westminster<\/td>\n<td>5,040<\/td>\n<td>453<\/td>\n<td>5.0%<\/td>\n<td>5,475<\/td>\n<td>435<\/td>\n<td>4.7%<\/td>\n<td>-4%<\/td>\n<\/tr>\n<tr>\n<td>Barnet<\/td>\n<td>3,758<\/td>\n<td>555<\/td>\n<td>6.1%<\/td>\n<td>4,287<\/td>\n<td>529<\/td>\n<td>5.7%<\/td>\n<td>-5%<\/td>\n<\/tr>\n<tr>\n<td>Harrow<\/td>\n<td>1,415<\/td>\n<td>232<\/td>\n<td>2.6%<\/td>\n<td>1,630<\/td>\n<td>215<\/td>\n<td>2.3%<\/td>\n<td>-7%<\/td>\n<\/tr>\n<tr>\n<td>Redbridge<\/td>\n<td>952<\/td>\n<td>180<\/td>\n<td>2.0%<\/td>\n<td>1,116<\/td>\n<td>164<\/td>\n<td>1.8%<\/td>\n<td>-9%<\/td>\n<\/tr>\n<tr>\n<td>Southwark<\/td>\n<td>2,254<\/td>\n<td>349<\/td>\n<td>3.8%<\/td>\n<td>2,568<\/td>\n<td>314<\/td>\n<td>3.4%<\/td>\n<td>-10%<\/td>\n<\/tr>\n<tr>\n<td>Camden<\/td>\n<td>2,217<\/td>\n<td>324<\/td>\n<td>3.6%<\/td>\n<td>2,508<\/td>\n<td>291<\/td>\n<td>3.1%<\/td>\n<td>-10%<\/td>\n<\/tr>\n<tr>\n<td>Lambeth<\/td>\n<td>2,652<\/td>\n<td>416<\/td>\n<td>4.6%<\/td>\n<td>3,024<\/td>\n<td>372<\/td>\n<td>4.0%<\/td>\n<td>-11%<\/td>\n<\/tr>\n<tr>\n<td>Richmond upon Thames<\/td>\n<td>1,384<\/td>\n<td>241<\/td>\n<td>2.6%<\/td>\n<td>1,590<\/td>\n<td>206<\/td>\n<td>2.2%<\/td>\n<td>-15%<\/td>\n<\/tr>\n<tr>\n<td>Wandsworth<\/td>\n<td>3,341<\/td>\n<td>516<\/td>\n<td>5.7%<\/td>\n<td>3,776<\/td>\n<td>435<\/td>\n<td>4.7%<\/td>\n<td>-16%<\/td>\n<\/tr>\n<tr>\n<td><strong>LONDON<\/strong><\/td>\n<td><strong>61,219<\/strong><\/td>\n<td><strong>9,098<\/strong><\/td>\n<td><strong><\/strong><\/td>\n<td><strong>70,527<\/strong><\/td>\n<td><strong>9,308<\/strong><\/td>\n<td><strong>1<\/strong><\/td>\n<td><strong>2%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div style=\"margin-top:10px; font-size:12px; font-style:italic;\" class=\"mb20\">\n        *Sales listing data sourced from Zoopla and based on homes to have entered the market in the 14 days (31st Jan to 13th<br \/>\n        Feb 2025) following the government\u2019s announcement for a third runway on 29th January versus the 14 days prior (16th<br \/>\n        Jan to 29th Jan 2025).\n      <\/div>\n","protected":false},"excerpt":{"rendered":"<p>The latest research by London lettings and estate agent, Benham and Reeves, has revealed that since the government announced its intentions to move ahead with the third runway at Heathrow, there has been a surge in homes entering the market for sale across the London Borough of Hillingdon. Two weeks ago (29th January 2025), the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.benhams.com\/press-release\/london-property-market\/hillingdon-homeowners-sell-before-third-runway-expansion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hillingdon homeowners look to depart before third runway takes off, as seller market activity surges across the borough&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[463],"tags":[],"class_list":["post-1876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-london-property-market"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/posts\/1876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/comments?post=1876"}],"version-history":[{"count":2,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/posts\/1876\/revisions"}],"predecessor-version":[{"id":1904,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/posts\/1876\/revisions\/1904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/media\/1877"}],"wp:attachment":[{"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/media?parent=1876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/categories?post=1876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benhams.com\/press-release\/wp-json\/wp\/v2\/tags?post=1876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}