Tag Archives: Knight Frank

Crossrail: London Reborn?

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£14.8bn is the expected cost of construction for Crossrail, with 73 miles of extra track length to be added to existing London’s transport systems, 200 million more journeys each year and 24 extra journeys to run at peak times of the day per hour. It is Europe’s largest and most ambitious infrastructure project to date and the largest scheme in London for more than 20 years since the extension of London’s underground system with the Jubilee Line in the late 1990’s. Until now, London’s transport system has generated a land value of £9billion. The Crossrail will no doubt take precedence […]

The Rise of the Super Flat

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Turn on ITV at 9pm and you’ll most likely be greeted by the latest period drama boasting stately homes, acres upon acres of gardens and the richest Brits around. Back then the only way to make an exhibition of your wealth was by owning the biggest, tallest house on the manor. Drawing rooms, libraries and sweeping staircases have always been as much a tangible representation of wealth as champagne and lobster dinners. Well, not anymore. The newest generation of millionaire house hunters are ditching traditional London townhouses and stately homes for something more modern, uber-cool and altogether trendier – introducing London’s […]

Crossrail Causes Surge in House Prices

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Europe’s largest infrastructure project is currently underway, since being given the green light to begin tunnelling in 2008. The Crossrail project, despite not even being completed yet, has caused a surge in house prices by almost 82%. The Crossrail is a 73 mile railway line that is expected to open in late 2018, and will provide faster routes into London without making any changes to the underground. The line extends from Maidenhead to Shenfield, where house prices within a short walking distance of stations have risen by 5%, more than the local market, gaining a 43% average since 2008. The […]