Marathon route homes hit £700k

21st April 2017

Ahead of the London Marathon, the Standard looks at property along the route, noting that prices have more than tripled in value since 2000 to an average of £700,000. However, the figure is skewed by values east of Tower Hill, as the 26-mile course draws to its conclusion on the Mall, where properties in St James’s cost in the region of £1.6m; the ongoing regeneration of the Docklands area has brought with it a number of more affordable sites that are sure to rise in value in the next few years. Canary Wharf remains the jewel in the crown of the region, with One Park Drive the latest in a new wave of luxury skyscrapers on the horizon. Prices at the 58-storey tower, designed by Tate Modern architects Herzon & de Meuron, start at £575,000 for a studio and £1.08m for a two-bedroom apartment. Neighbouring Limehouse (£528,694), Greenwich (£544,899) and Deptford (£418,949) also offer great value, while at Woolwich – soon to enjoy rapid connections to Canary Wharf via the Elizabeth Line – properties can be found for £328,866.

Evening Standard (19/04/2017)