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The Night Tube’s Positive Impact In The Property Market

Posted by Pete Winter on January 4, 2017
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The introduction of the night tube gave way for starting families, young professionals and other property buyers to new parts of the Capital.

Turns out, huge investment in various transport services and infrastructure has had an extraordinary influence on the house price increases during 2016. It enticed more and more young professionals, as well as other interested buyers to new (and fresh) areas of London.

With the advancing improvements planned, such as the Crossrail 2 and the Queen Elizabeth line, the trend is likely set to further continue.

The Night Tube, which is usable on Fridays and Saturdays, greatly helped in transforming London into a 24-hour city over the recent months and rendered a real boost to the quality of areas covered by its service, as ideal places to reside or relax.

Five tube lines including part of the Jubilee, Northern, Central and Victoria- are now on the night tube network. The Piccadilly is the last one to join last December.

With the improved 24-hour transport links to the heart of the capital during weekends, more and more people are now interested in renting or buying in new properties further along the tube lines. Transportations to London has also developed; the night bus services are set to link up with the 24-hour tube, so weekend staff workers in the city centre can now sensibly consider a whole range of new postcodes when determining where to settle.

Aside from that, individuals will be able to live in Zones 3 and 4 – in parts such as Acton, South Wimbledon, and Willesden – whilst still being able to savour the best of the capital’s bars, restaurants, and other amenities the capital has to offer.

Truly, 2016 has shown that developed transport links open up whole new areas of London that are previously overlooked by numerous property buyers. As more people are draw into the outer zones which they may not have considered in the past, these areas are likely to experience regeneration and various investments.

This new year is the great time for buyers to consider purchasing properties either in areas where transport links are going to be reinforced by future infrastructure plans, as well as the parts covered by the night tube.