16th December 2017
London workers are increasingly opting to reduce commuting times and improve quality of life by moving to areas with a more reasonable distance to the workplace. While Zone 1 is outside the budget of most buyers Zone 2 properties are more affordable with Whitechapel, Haggerston, Mile End and Rotherhithe also being outside the congestion charge zone. A new development in Mile End’s St Clements has seen the conversion of the site of a Victorian asylum into 252 homes with prices starting from £485,000. Locations walkable to Canary Wharf such as Bow are set prove more popular as 5,700 civil servants move from Whitehall to the financial district.
Evening Standard (15/12/2016)