5th February 2016
New research reveals that the average cost of a home in more than half of London postcodes now exceeds £500,000. Land Registry figures show that of 279 postcode districts in Greater London, 142 (51%) had an average price of at least half a million pounds.
The Guardian (04/02/2016)
5th February 2016
House price growth in the UK increased to 9.7% in the year to January, up from 9.5% a month earlier, according to the Halifax, while the average cost of a house or flat in the UK has now risen to £212,430. Martin Ellis, Halifax's housing economist, said: "The imbalance between supply and demand continues to exert significant upward pressure on house prices".
The Times (04/02/2016)
29th January 2016
Galliard Homes has a new tranche of six properties at its Baltimore Tower scheme in Canary Wharf, a 45-storey, 151m tower in Canary Wharf designed by Skidmore Owings & Merril. Prices start at £600,000 for a studio apartment, rising to £775,000 for a one-bedroom property, all the way up to £3.5m for a four-bedroom duplex penthouse. Residents will benefit from amenities such as a health club, swimming pool, gym, private cinema, and boxing arena.
City AM (27/01/2016)
29th January 2016
London & Quadrant is preparing to release the first private sales at its Quebec Quarter project. Close to Canada Water and Surrey Quays stations, the development consists of 151 one, two and three-bedroom apartments, and 69 one and two-bedroom Shared Ownership homes, spread across seven blocks. The first three-bed properties will be available to view from Saturday, January 30th, costing from £770,000 to £845,000. Further phases are scheduled to launch throughout the year, with the scheme scheduled for completion in early 2017.
The Wharf (25/01/2016)
29th January 2016
Twenty-one per cent of Londoners questioned by YouGov and property group Lendlease chose Stratford and the Queen Elizabeth Olympic Park as the area of the city likely to improve most by 2020, putting it ahead of Croydon (9%), the City (9%), Tottenham (6%), and Canary Wharf (4%).
Home Designer & Architect (29/01/2016)
29th January 2016
In an interview with The Wharf, Tower Hamlets Mayor John Biggs discusses the planning legacy of his predecessor, Lutfor Rahman, describing it as “a very stressful issue, especially on the Isle of Dogs”, where he is keen to address concerns about housing density. He comments: “We’re reviewing our Local Plan but when you’re close to a very good transport hub like Canary Wharf you probably can get some denser developments there, it makes sense. But you have to make sure the services are there too and you need to resist the temptation for developers to stick a few more floors on their buildings”.
The Wharf (27/01/2016)