Canada Water named as London property hotspot

27th October 2017

Canada Water has been named as one of London’s most desirable neighbourhoods, in a new study from University College London. The London Residential Mobility Report evaluates locations based on four factors: connectivity to the rest of the capital; the types of jobs held by residents; population density; and the house-price-to-income ratio. Average price per square foot comes in at £850, while the average sale value, based on Land Registry data between October 2016 and September 2017, came in at £841,000. Greenwich also made the shortlist, with price per square foot averaging £800, with an average transaction value of £495,000. The top five was completed by East Dulwich, Maida Vale, and Hammersmith.

Property Week (19/10/2017)