North East London- Caledonian Road
Caledonian Road or The Cally as it is affectionally known to it’s friends and residents is another example of the changing face of London. It is yet another of London’s well kept secrets. Having lived in the shadow of the now ‘up and come’ King’s X it is finally making it’s mark. The fact that it is criss-crossed by train tracks and surrounded by Pentonville and Holloway prisons means that it has not been at the forefront of the developers mind. Now, however Holloway Prison is being earmarked for development and people are beginning to take note of it’s hidden gems, such as, it’s neighbouring early 19th century Barnsbury village which is full of cottages, squares and restaurants and the 2 acre Calendonian Park. With it’s multicultural and urban flavour and with housing working out at around 20% cheaper than it’s neighbours it might be well worth considering as a place to live.
From North London to South West London
Brixton and Streatham
Despite its chequered past and years of regeneration it is also well and truly on the map. It has new developments with affordable and shared-ownership housing. An average price for a starter home for first-time buyers is around £100,000 for a 25 per cent share whereas a standard one bed. flat in Brixton averages between £350,000 to £400,000. If these prices mean buying a property here is a little out of reach you can always head down to neighbouring Streatham Hill where you can find homes offering slightly more for you money with a 2 bed. flat averaging between £350,000 to £450,000. Brixton has a lot to offer with it’s well known market, shops, bars and restaurants stretching out along Coldharbour Lane and nearby Brockwell Park with open spaces, lido and cafe. The tube link is good and there is also a good bus network.
From South West London going even further North, the changing face of London continues
Hornsey is also on the up!
Hornsey – set between Crouch End and Alexandra Palace, is a traditional Victorian suburb and is also becoming one of London’s ‘slightly’ more affordable places to buy. Developers have been flocking to make the most of this gem with Berkley Group developing a derelict industrial site just off Hornsey High Street to build 440 homes at Smithfield Square, some homes still available in its final phase for anyone who is interested. In addition Sanctuary Homes have some shared ownership homes in Smithfield Square with prices for a 25 percent share averaging around £108,000 and 2 beds for around £135,000 in the Quadrangle. To add to this already buoyant and developing area planning permission was granted in April for a further 1,700 new homes to be built with a third of the homes priced with first-time buyers in mind. It is intended to be a mixed development to include restaurants, shops and a nursery and starting prices for a 1 bed. flat will be around £425,000 and 2 beds. for around £517,000. Transport links are good.
We continuously work at providing up-to-date information on the changing face of London’s housing market and schooling options. We also operate in the South East and provide an exceptional service for all our clients. Should you require help with your home/school relocation please contact Amanda on 07944 305921 or Anji on 07748 682818.