CROSSRAIL CONTINUED

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HOT SPOTS REFRESHER

In the last article we wrote about the new Crossrails rail route through London, from the west in Maidenhead passing under London central in 2 new twin-bore tunnels to Shenfield in Essex connecting and creating numerous business and housing hot spots along the way in Southall, Hanwell, Paddington, Bond Street, Farringdon, Maryland and Ilford to Seven Kings, with a side track through Canary Wharf to Woolwich.

ONE TO WATCH: EALING

Tube and rail account for 78 per cent of all trips to central London. Crossrail is expected to bring 1.5 million more people within 45 minutes commuting distance of the capital’s key business districts, giving an estimated £42 billion boost to the economy. Wise home buyers are focusing on areas thrown into the spotlight by the new route.
“Ealing will be one of the biggest beneficiaries as it will connect commuters to every key employment centre,” says Simon Walker of Savills.
“Anyone who lives on the western fringes and works in central London will benefit. Journey times to Bond Street, the City and Canary Wharf will be almost halved to 15, 20 and 29 minutes respectively.
In April 2013, British Land, the commercial property giant, acquired Ealing Broadway shopping centre in a £142.5 million deal, believing the mall will become a much more visited retail destination once Crossrail is up and running a clear vote of confidence in west London.
Developers believe fashionable apartment living, the sort that exists in Docklands, Fulham and Putney will definitely attract urbanites who previously steered clear of this leafy suburb.

MANY OTHERS

Dickens Yard is a town centre regeneration scheme of 698 new flats set around new public squares and pedestrianised lanes being brought to life with shops, restaurants, markets and street theatre. Prices there start at £559,950, damned pricey, yet despite the economic pneumonia there seem to be enough of those yuppies around to afford it. Those prices come with a package of extras – 24 hour concierge, secure underground parking and a spa which will be for the exclusive use of residents.
A smart hotel-like entrance foyer provides a sense of arrival, and the scheme dovetails with surrounding heritage buildings, including Ealing’s gothic-style town hall, a Victorian church and a fine Thirties fire station. For more info contact your Nelsons estate agents in London. Pray, people don't buy themselves bankrupt taking mortgages at the present bottom rates and then fall fowl of increasing retas when the economy gets it's breath back.

ESSEX TO WEST END

Rail connections from Essex to the City are already the quickest from any of the home counties according to estate agents Nelsons in London and for the first time Essex will get a direct link to the West End and the M4 commercial corridor and particularly Shenfield, a key commuter town at the opposite end of the line from the West End, will certainly become a real hot one.
Hammersmith and Fulham Council wants the new station at Imperial Wharf to be up and running by 2020, two years after Crossrail is due to start and well before the scheduled opening of HS2 in 2026.
Acton and West Drayton will be Crossrail beneficiaries too as current property values are cheap by London standards.
The new Crossrails, on a somewhat smaller scale still reminds of the trans-continental Rail link in the USA when standard advice was, “go West young man” and this one will bring just as much prosperity in it's wake as it crosses London from East to West, hail Crossrail!!