What impact is Crossrail having on house prices?

[Martin@AS Financial]

(From Nationwide Building Society)

Key points:

- Areas on the west side of the route have seen much stronger than average rates of house price growth since the announcement of the project

- Slough and Reading have been the top performers

Full report here:

http://www.nationwide.co.uk/~/media/...ial_report.pdf

[Old Greg]

(From Nationwide Building Society)

Key points:

- Areas on the west side of the route have seen much stronger than average rates of house price growth since the announcement of the project

- Slough and Reading have been the top performers

Full report here:

http://www.nationwide.co.uk/~/media/...ial_report.pdf

What decrease have they seen since the referendum in USD and EUR terms?

[vetran]

Slough top of something you say?

[Moose423956]

(From Nationwide Building Society)

Key points:

- Areas on the west side of the route have seen much stronger than average rates of house price growth since the announcement of the project

- Slough and Reading have been the top performers

Full report here:

http://www.nationwide.co.uk/~/media/...ial_report.pdf

Maidenhead (between Slough and Reading) not doing too badly. Saw a 3-bed terraced house on the market the other day for £550k. Nearly fainted.

[squarepeg]

Maidenhead (between Slough and Reading) not doing too badly. Saw a 3-bed terraced house on the market the other day for £550k. Nearly fainted.

Dunno about Slough, but having lived in Reading I can say it's not a place you want to live in if you have to commute to London. Crossrail or not. Yet the property prices are on the ridiculous London levels for some reason. It ain't Kensington...

[vetran]

Dunno about Slough, but having lived in Reading I can say it's not a place you want to live in if you have to commute to London. Crossrail or not. Yet the property prices are on the ridiculous London levels for some reason. It ain't Kensington...

as with all areas some are rank, however there are some lovely areas in and around Reading. Just as there are around Surrey & Slough.

[shaunbhoy]

What decrease have they seen since the referendum in USD and EUR terms?

Fairly sure the proportion of people purchasing homes in Berkshire etc. using either USD or EUR is of fairly low volume.

HTH

[scooterscot]

I'm guessing not near as much impact as QE or 'help to buy.

[GB9]

I'm guessing not near as much impact as QE or 'help to buy.

You guess loads of economic stuff and as usual, get it wrong.

[ChimpMaster]

Slough has been a good ride and is still undergoing significant regeneration with huge amounts of investment around the town. I'm pretty sure much of Slough residential property is up well over the touted 60% since 2010/11.

And I think there's more gains to be had in the area. Slough is still somewhat of a hidden gem - depending of course on how you view such areas.