At the time of writing, we are half way through 2016, which means 2017 doesn’t seem so far away at all. As the year moves on, and the New Year starts to become even closer, we begin to think about our plans for the year ahead. Many people look to switch jobs, lose weight, or take up a new hobby. There are others though, who think about moving home in and around London.
If you are already thinking of moving home in and around London, then you may have already started looking. The good news is we can predict where some of the best locations to buy your home may be. So, if 2017 is going to be the year you move, you may want to consider these areas:
The current mayor of London Sadiq Khan hails from this neck of the woods, and it’s thought to be the perfect place for those who wish to climb the property ladder. With great transport links, Tooting really has a lot of potential, and is perfect for those who may not be able to afford to live in Central London, but who are happy to live a short distance away. With a terraced house selling for around £800,00 at the time of writing, prices are still reasonably low for London.
With over 5,000 new homes that have been recently built in this area, Woolwich is starting to thrive. There may be some estates in this neck of the woods that need updating, but it looks like they are going to be dealt with sometime soon. With a terraced house in this area typically selling for approximately £340,500, prices here are a lot lower than in other parts of London. But with the Crossrail development occurring close by, chances are it will affect house prices, which means if you can get in now and buy a property, you could find yourself paying a lot less than anyone who comes to live in Woolwich in 5 years’ time.
With plenty of Edwardian and Victorian style homes around the area, Queens Park is ideal for those of you who want to live somewhere grand. You should be aware that a terraced house in this area costs approximately £1,200,000 at the time of writing, but if you have the cash, this is a good place to splash it. With excellent transport links, a good range of independent shops, and some divine cafés, Queens Park has everything you’ll ever need.
If you know anything about London, you will know that Islington is an expensive place to live. Aside from the fact that homes in this part of London can cost a lot of money (£1,420,000 for a terraced house at the time of writing), Islington is a beautiful place to be. With parks, theatres, restaurants and shops all close by, there really isn’t very much you cannot do here. With excellent transport links, Islington is great if you would like to get to Central London, so it looks as though those living in this part of the world really do have everything on their door step. If you have the chance to buy a property in this area, it’s recommended that you do.
East Ham is definitely a place you should consider investing in. With the demand for home increasing by more than 25% in the last part of 2015, this is a good place to be. With a nature reserve, places to walk your dog, and take your children, East Ham is a good spot for a growing family. With a multi-cultural community, this neck of the woods is vibrant, and it has good transport links to Central London. Prices here are quite low compared to other parts of London, with a Edwardian or Victorian style terraced house selling for approximately £330,000 at the time of writing.
There are some wonderful places to live in London, and there really is something for everyone in and around this bustling city. At the time of writing, house prices could be increasing in some parts of London, so it may be worth your while buying a property now. Alternatively, you may want to think about investing in a property or two, which could also prove to be fruitful in years to come. Woolwich may be the best place for investment at the time of writing, as you could potentially buy 2 homes in Woolwich for the cost of 1 home elsewhere. It all depends what you want to do, and where you want to invest. If you are simply looking for somewhere to call your home, then why not take a closer look at some of the above destinations, and see what takes your fancy?