Great Western Coffee Shop

All across the Great Western territory => The Wider Picture in the United Kingdom => Topic started by: TaplowGreen on January 02, 2015, 10:40:44



Title: Crossrail - effect on House prices
Post by: TaplowGreen on January 02, 2015, 10:40:44
http://www.cityam.com/1412154460/crossrail-send-property-prices-soaring-60-cent

Blimey! From a purely selfish point of view, good news, but probably won't help youngsters trying to get on the property ladder.

The general local feeling was that it may cause a 10-15% rise in prices but certainly not of this magnitude.


Title: Re: Crossrail - effect on House prices
Post by: ChrisB on January 02, 2015, 10:49:39
That's Estate Agents trying for the maximum!

If people don't pay - then they'll have to revise their prices/valuations....


Title: Re: Crossrail - effect on House prices
Post by: Electric train on January 02, 2015, 11:51:34
Its called the "sparks effect" well known phenomena when a railway is electrified.  The house prices in the Maidenhead area are absurd anyway but that the consequence of living in an area that has such good communication links.
There was chatter a while ago of FGW investigating with NR if a twice hourly service on the Marlow branch is possible, I feel Crossrail is the bases for this.

I believe the area where property values will benefit the most from Crossrail is Greenwich / Abbey Wood.

So with the increased wealth the railways has generated for people an increase in fares is not an issue  ;D  (I'm joking honist guv)


Title: Re: Crossrail - effect on House prices
Post by: eightf48544 on January 02, 2015, 15:30:24
As one whose house is in the Crossrail lollipop here's a question for you all.

Where should I move to to cash in on my bonanza.

There are some criteria, must have good public transport bus and rail, reasonably level, easy acess to Morrisons )Waitrose adequate health care reasonable climate so not the East Coast or Bristol


Title: Re: Crossrail - effect on House prices
Post by: ChrisB on January 02, 2015, 15:35:47
Bicester?


Title: Re: Crossrail - effect on House prices
Post by: onthecushions on January 02, 2015, 17:42:30

Published 2014 property increases for London 17.8%, Reading 19%.

A Deo et Regina

OTC


Title: Re: Crossrail - effect on House prices
Post by: Chris from Nailsea on January 03, 2015, 01:16:30
Where should I move to to cash in on my bonanza.
There are some criteria, must have good public transport bus and rail, reasonably level, easy access to ... Waitrose adequate health care reasonable climate ...

Nailsea.  ;) :D ;D


Title: Re: Crossrail - effect on House prices
Post by: JayMac on January 03, 2015, 03:43:20
Nailsea & Backwell Station. Reasonably level?

Pull the other one.  ;D


Title: Re: Crossrail - effect on House prices
Post by: Electric train on January 03, 2015, 09:00:37
If I was looking to move ..... a beach hut with dusky maidens on a tropical island  ;D

Seriously I would look at somewhere near the Eastwest Rail, Buckingham area, no stations yet but in a few years there will be, friends of min just moved there, got a similar size house but a semi and not mid terrace, quitter estate, paid most of the mortgage off even after allowing funds to do improvements to their new place. 


Title: Re: Crossrail - effect on House prices
Post by: Red Squirrel on January 03, 2015, 09:15:19
Hmm... Portishead?


Title: Re: Crossrail - effect on House prices
Post by: TaplowGreen on January 03, 2015, 09:22:19
Hmm... Portishead?

Amsterdam?


Title: Re: Crossrail - effect on House prices
Post by: bobm on January 03, 2015, 10:50:19
(This will fire things up)

Swindon   ;D


Title: Re: Crossrail - effect on House prices
Post by: Electric train on January 03, 2015, 12:40:33
Hmm... Portishead?


You cannot be serious  :D

Amsterdam?

Ah yes excellent city, still prefer the beach hut on a desert island though  ;D

(This will fire things up)

Swindon   ;D

Been there done that and still have the scares  :o  besides the town just isn't the same without it's hooter  :'(


Title: Re: Crossrail - effect on House prices
Post by: bobm on January 03, 2015, 12:48:08
(This will fire things up)

Swindon   ;D

Been there done that and still have the scares  :o  besides the town just isn't the same without it's hooter  :'(

I wasn't here when the works were open however I am certain I would hear the hooter if it still sounded.  Many I speak to speak fondly of it.

Once a year there is an event at the STEAM museum where a steam powered hooter is sounded on the hour which brings back memories for many.


Title: Re: Crossrail - effect on House prices
Post by: chuffed on January 07, 2015, 10:18:38
If Swindon just isn't the same without its hooter...think the same could be said for Amsterdam without its , er, hookers ! ;D


Title: Re: Crossrail - effect on House prices
Post by: eightf48544 on January 07, 2015, 10:34:36
Thanks  for the suggestions afraid Portishead and Nailsea are too near Bristol and not enomourd of Swindon.

However somwhere East West might be good. I quite like Alyesbury which will hopefully have trains to Milton Keynes. ^15.65 Travelcard with railcard and quite late trains back from town.

Otherwise Kidderminister although i know it's not all that flat but I could work on the Severn Valley.


Title: Re: Crossrail - effect on House prices
Post by: Red Squirrel on January 07, 2015, 14:29:14
Thanks  for the suggestions afraid Portishead and Nailsea are too near Bristol and not enomourd of Swindon.

However somwhere East West might be good. I quite like Alyesbury which will hopefully have trains to Milton Keynes. ^15.65 Travelcard with railcard and quite late trains back from town.

Otherwise Kidderminister although i know it's not all that flat but I could work on the Severn Valley.

Bit confused by the phrase 'too near Bristol'... How could anything be too near to Bristol?


Title: Re: Crossrail - effect on House prices
Post by: eightf48544 on January 08, 2015, 09:07:41
I first visited Bristol in summer of 1960 by train (steam). Took an instant dislike to the place. Although it was Sunday so nothing/nobody about.

Totally irrational, I know, but nothing I've seen since on a number of visits has changed my mind.


Title: Re: Crossrail - effect on House prices
Post by: TaplowGreen on January 08, 2015, 10:49:56
I first visited Bristol in summer of 1960 by train (steam). Took an instant dislike to the place. Although it was Sunday so nothing/nobody about.

Totally irrational, I know, but nothing I've seen since on a number of visits has changed my mind.

Oooooh a little harsh Sir!

I was never a huge fan but there has been a whole load of regeneration in Bristol with great restaurants, pubs, music venues etc..............obviously not a patch on Plymouth, but then again I'm biased!  ;D

Now Swindon......that's a grim place! (I actually came back from there on the 1629 to Paddington yesterday, in coach B and it wasn't a great ride, bouncing around quite a lot between Swindon and Didcot, not sure whether it was the track or the train!)


Title: Re: Crossrail - effect on House prices
Post by: Electric train on January 08, 2015, 18:31:21
I first visited Bristol in summer of 1960 by train (steam). Took an instant dislike to the place. Although it was Sunday so nothing/nobody about.

Totally irrational, I know, but nothing I've seen since on a number of visits has changed my mind.

Oooooh a little harsh Sir!

I was never a huge fan but there has been a whole load of regeneration in Bristol with great restaurants, pubs, music venues etc..............obviously not a patch on Plymouth, but then again I'm biased!  ;D

Now Swindon......that's a grim place! (I actually came back from there on the 1629 to Paddington yesterday, in coach B and it wasn't a great ride, bouncing around quite a lot between Swindon and Didcot, not sure whether it was the track or the train!)

As a Gurt Westurn Swindon first year trained apprentice who also spent time at collage in Brissle and having spent a lot of my Railway career working all over the country I know of places a lot lot worse that these 2



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