With the impending arrival of Crossrail, Essex is increasingly becoming more popular with house-buyers than ever before. For properties with potential, savvy buyers should head to one of these ten up-and-coming locations.
Property prices in London are continuing to rise at an alarming rate, more and more people are leaving the city in favour of nearby commuter towns. The towns in Essex are proving most popular; with affordable homes, access to the countryside and good transport links. Crossrail will open in 2018, making travelling into London from Essex much easier with more frequent trains and much quicker journey times.
We’ve put together 6 investment hot spots in Essex to help you find a great spot in Essex.
A 35 minute journey to London by train makes Chelmsford one of the best commuter towns in Essex. As well as being a great commuter hot spot, Chelmsford offers residents great shopping, sports and leisure facilities, plenty of green spaces, as well as a wide array of dining and night life options.
3 miles away from the city centre is the Beaulieu estate expansion, where neighbourhoods are being built, offering properties from one-bed apartments to five-bedroom family homes.
The overall average property price in Chelmsford is £321,042.
Brentwood is small town in Essex, benefiting from good schools, excellent job opportunities, an expanding shopping area and being surrounded by scenic, unspoilt countryside.
It has fantastic transportation links into London. The town is near the M25 and has trains to Liverpool Street running every ten minutes at peak time. Brentwood will also be benefiting from the Crossrail’s arrival in 2018, with its recent reclassification as a London Zone 9 area. This means annual travel cards will be dropping in price too – by almost £1,000!
The overall average property price in Brentwood is £463,643. To find a great property in Brentwood, speak to a Brentwood estate agents today.
Basildon is 32 miles away from central London, with three train stations in the town available to use. The town centre has many high-street shops and coffee houses; there is the covered Eastgate Shopping Centre which is also in the town centre, home to over 100 retailers. Basildon is home to several secondary schools and three colleges. The Festival Leisure park is home to restaurants, a bowling and arcade centre, two hotels, a cinema and two health clubs. All these facilities, excellent schools and colleges and central location make it a great town for families to settle down in.
The overall average property price in Basildon is £252,860.
Romford is a major metropolitan town, just 14 miles from central London. Romford forms one of the largest commercial, retail, entertainment and leisure districts outside of central London, and has a developed night time economy.
Romford is in the London fare zone 6, with the impending Crossrail project in 2018 set to have a big effect on the town. The Liverpool Street-Shenfield service will be replaced by the Crossrail in 2018; which means more frequent trains and more comfortable travelling conditions.
The overall average property price in Romford is £328,941.
Ongar is a hidden gem, offering picturesque ancient high streets, beautiful old buildings, eateries and leisure centre, as well as being surrounded by rolling countryside. Ongar is just 22 miles from Central London; which can be reached by the central line from Epping, or a National Rail service from Brentwood.
The overall average property price in Ongar is £383,933.
South Woodham Ferrers
South Woodham Ferrers is a town and civil parish in the borough of Chelmsford, just 35 miles from Central London. The town is home to several primary and secondary schools, and a town centre is nearby with 100 retailers. The town has good travel facilities, including road, rail and ferry to nearby destinations including Southend Airport.
The overall average property price in South Woodham Ferrers is £304,078.
Each of these towns offer great transportation links and each has its own character. The surrounding countryside offers further opportunities for commuters and local workers.