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Has Crosrail been a jubilee for investors and property pries?

  • 20.05.22

Marc von Grundherr, a director at Benham and Reeves estate agency recalls that there was an awful lot of excitement in certain locations. We saw an influx of buyers ...

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How Crossrail is affecting house prices in London’s suburbs and commuter towns

  • 19.05.22

City Monitor analysis of property data collated by Benham and Reeves estate agents shows that across the 41 stations, the average house price has increased by 70% since May 2012, ahead of the national average of 65%. When the seven central London station postcodes are removed (from Paddington to Canary Wharf), the average house price has risen by 73%.

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Is 'economic gravity' catching up with runaway house prices? Property inflation slips back to 9.8% as the cost of living crisis and rising rates hit buyers

  • 18.05.22

Marc von Grundherr, a Director at Benham and Reeves, said: 'The winds of change are certainly starting to blow and and while this building economic headwind is yet to derail the phenomenal rates of house price growth being seen across the UK on an annual basis, it certainly seems as though dark clouds are gathering on the horizon with a reduction in pace already materialising on a monthly basis.'

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London's Crossrail Project Has Driven up Prices in Surrounding Areas by as Much as 215%

  • 17.05.22

Since being announced in 2008, London’s Crossrail has increased home prices by 79% in postcodes due to benefit from the new rail line, according to research released Tuesday from London-based lettings and estate agent Benham and Reeves.

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Crossrail house prices up by as much as 215% since it was first announced

  • 17.05.22

With the initial launch of Crossrail imminent, research by London lettings and estate agent, Benham and Reeves, has revealed that postcodes with stations due to benefit from Crossrail (CR) have seen house prices increase by 79% since the project was first announced, carrying a 14% premium versus the wider areas.

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The Elizabeth line effect: House prices along Crossrail skyrocket by as much as 215 per cent

  • 17.05.22

“Despite the extensive delays to its actual delivery, Crossrail has been the gift that keeps on giving for homeowners living within arm’s reach of a Crossrail station, with property values climbing considerably since it was first announced back in 2008,” commented the director of Benham and Reeves, Marc von Grundherr.

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House price hotspots: where to invest in property along the Elizabeth Line

  • 13.05.22

When it was first announced, investment poured into property along the line. But that didn’t always translate into rising house prices as delay after delay hit, said Marc von Grundherr, of estate agents Benham and Reeves.

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Agents prepare for planning overhaul as sector digests Queen's Speech

  • 11.05.22

Marc von Grundherr, Director of Benham and Reeves, added: “The problem with announcements around planning reform, whilst it is badly needed, is that injecting more democracy on a local level is likely to clog up the system rather than improve it."

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How Hongkongers became the biggest foreign homeowners in London and where they are buying

  • 10.05.22

The research, by property company Benham and Reeves, shows that Hong Kong buyers currently have the biggest international footprint within the London market, accounting for the highest proportion of homes registered to foreign addresses in a total of 17 boroughs.

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Impossible for vast majority to buy a house on their own

  • 09.05.22

Benham and Reeves looked at the average base salary of eight different professions and their property purchasing power based on the average borrowing eligibility of 4.5 times their income.

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