It’s all about London’s South East

INDUSTRY CHATTER

It’s all about London’s South East… Apparently…

house price growth in London

According to a recent article in the Financial Times, property prices in Brixton have risen 76% in five years and are still going up. This is based on Savills research, which also states that prices are still rising. Values rose a healthy 3.5 per cent in the past year while prices in prime central London conversely dropped by about 7 per cent.

Couple this with Knight Frank’s recent research, recorded in Homes & Property, which found that property prices in Dulwich had grown a record 863% over two decades (outpacing every other area in the country) and that house prices in nearby Hackney and Peckham have jumped over 50% since 2008, and the investment potential of this south east London enclave becomes clear.

Knight Frank’s research shows that eight of the top 10 performing postcodes for house price growth in London since 2008 are in the east or south east of the capital. The very fastest price jumps are in fashionable Herne Hill, south east London. Average house prices here have leapt almost 60% since their pre-crisis peak and have been matched by significant investments in local infrastructure, services, shops and restaurants.

The Financial Times tips the trendy Poet’s Corner — a cluster of Victorian streets named after Milton, Chaucer and Spenser in between Herne Hill and Brixton — as a property hotspot with flats selling for more than £500,000 and well turned-out houses up to three times that much.

Paul Humphrey’s Head of Knight Frank Dulwich Village, is quoted in Business Insider explaining that “It is no surprise to us that Herne Hill tops the list of best performers in the capital, especially given the wider context of the recent transformation of south-east London.

“Demand for prime London property has dispersed over the last few years and this ‘ripple effect’ has meant that families looking for green, open spaces, large houses, good transport links and excellent schooling have flocked to the Dulwich area, and specifically Herne Hill.”

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According to a recent article in the Financial Times, property prices in Brixton have risen 76% in five years and are still going up. This is based on Savills research, which also states that prices are still rising. Values rose a healthy 3.5 per cent in the past year while prices in prime central London conversely dropped by about 7 per cent.

Couple this with Knight Frank’s recent research, recorded in Homes & Property, which found that property prices in Dulwich had grown a record 863% over two decades (outpacing every other area in the country) and that house prices in nearby Hackney and Peckham have jumped over 50% since 2008, and the investment potential of this south east London enclave becomes clear.

Knight Frank’s research shows that eight of the top 10 performing postcodes for house price growth in London since 2008 are in the east or south east of the capital. The very fastest price jumps are in fashionable Herne Hill, south east London. Average house prices here have leapt almost 60% since their pre-crisis peak and have been matched by significant investments in local infrastructure, services, shops and restaurants.

The Financial Times tips the trendy Poet’s Corner — a cluster of Victorian streets named after Milton, Chaucer and Spenser in between Herne Hill and Brixton — as a property hotspot with flats selling for more than £500,000 and well turned-out houses up to three times that much.

Paul Humphrey’s Head of Knight Frank Dulwich Village, is quoted in Business Insider explaining that “It is no surprise to us that Herne Hill tops the list of best performers in the capital, especially given the wider context of the recent transformation of south-east London.

“Demand for prime London property has dispersed over the last few years and this ‘ripple effect’ has meant that families looking for green, open spaces, large houses, good transport links and excellent schooling have flocked to the Dulwich area, and specifically Herne Hill.”

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Happy Homes – London’s Most Contented Boroughs

INDUSTRY CHATTER

Happy Homes – London’s Most Contented Boroughs

happiest places to live in london

Rightmove, the UK’s largest online real estate portal and property website, has released research revealing which of the capital’s boroughs are the happiest in which to live. The company’s annual Happy at Home Index invited 2,700 residents to rate their local area based on 12 factors relating to both their home and their surrounding community. These comprised décor, space, value, pride, costs, safety, amenities, recreation, community, contentment, neighbourliness and area upkeep.

Topping the chart was Richmond-upon-Thames which came in the top 20 of 130 places around Great Britain. Inhabitants were quick to praise its scope of recreational facilities and wider amenities. In second place was Kingston-upon-Thames which scored highly for local upkeep.

With Bromley sweeping in to take third and Sutton claiming fourth, many were quick to flag a link between living south of the river and levels of contentment, particularly as the four boroughs ranking least well all lay to the north of the Thames.

Prices in winning Richmond are certainly in line with its poll-topping happiness rating. In a House Price Index, again published again by Rightmove at the beginning of the year, average prices of a house in the coveted borough were cited at £864,137.

Happily for Barking and Dagenham, which was rated the lowest in the happiness stakes, it has been named as one of London’s best annual performers with price growth of 5.2% to September 2017. Perhaps if residents read that they might feel a bit chirpier…

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Rightmove, the UK’s largest online real estate portal and property website, has released research revealing which of the capital’s boroughs are the happiest in which to live. The company’s annual Happy at Home Index invited 2,700 residents to rate their local area based on 12 factors relating to both their home and their surrounding community. These comprised décor, space, value, pride, costs, safety, amenities, recreation, community, contentment, neighbourliness and area upkeep.

Topping the chart was Richmond-upon-Thames which came in the top 20 of 130 places around Great Britain. Inhabitants were quick to praise its scope of recreational facilities and wider amenities. In second place was Kingston-upon-Thames which scored highly for local upkeep.

With Bromley sweeping in to take third and Sutton claiming fourth, many were quick to flag a link between living south of the river and levels of contentment, particularly as the four boroughs ranking least well all lay to the north of the Thames.

Prices in winning Richmond are certainly in line with its poll-topping happiness rating. In a House Price Index, again published again by Rightmove at the beginning of the year, average prices of a house in the coveted borough were cited at £864,137.

Happily for Barking and Dagenham, which was rated the lowest in the happiness stakes, it has been named as one of London’s best annual performers with price growth of 5.2% to September 2017. Perhaps if residents read that they might feel a bit chirpier…

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happiest places to live in london

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Team images by Martin Gardner

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Team images by Martin Gardner

 

 

 

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Big Ben’s Makeover, A London Landmark

INDUSTRY CHATTER

Big Ben’s Makeover, A London Landmark

London Big Ben

A complex job to restore one of London’s most iconic landmarks, and at 315-ft the Big Ben Tower is no exception. It appears the price tag to renovate and restore will be much higher than expected (£61m to be exact) but this magnificent building deserves it. The Great Clock will be dismantled and its parts removed for examination and repair. The four dials will be cleaned, the glass repaired, and the hands removed and refurbished. The delivery of this extraordinary project has fallen into the hands of Sir Robert McAlpine Special Projects Division Ltd and no doubt they will go to all lengths to reveal the tower in all its glory after 4 years of hard work and silencing of the tower.

We were surprised to learn that the renovation is being carried out using steel from Germany, Brazil and the United Arab Emirates. As Britain’s steelmakers face intense international competition and struggle to recover from the crisis which wracked the industry two years ago and cost thousands of jobs, this news can’t have been received well. It appears the ‘quantity and size’ of the scaffolding meant some of the steel had to come from abroad. Further controversy increased as clock enthusiast Mr Melvyn Lee (of Thwaites & Reed, Britain’s oldest clockmakers) expressed his thoughts when the silencing of the bell was announced saying it was ‘nonsense’ and that the clock mechanism for the bell could be maintained even throughout renovation. Protecting workers ear drums and the like used as excuses but it seems this throws up a wider conversation about our love for and patriotic views towards London landmarks, their role and traditions.  Either way this renovation will be for the good of this architecturally outstanding building and its familiar tones.

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A complex job to restore one of London’s most iconic landmarks, and at 315-ft the Big Ben Tower is no exception. It appears the price tag to renovate and restore will be much higher than expected (£61m to be exact) but this magnificent building deserves it. The Great Clock will be dismantled and its parts removed for examination and repair. The four dials will be cleaned, the glass repaired, and the hands removed and refurbished. The delivery of this extraordinary project has fallen into the hands of Sir Robert McAlpine Special Projects Division Ltd and no doubt they will go to all lengths to reveal the tower in all its glory after 4 years of hard work and silencing of the tower.

We were surprised to learn that the renovation is being carried out using steel from Germany, Brazil and the United Arab Emirates. As Britain’s steelmakers face intense international competition and struggle to recover from the crisis which wracked the industry two years ago and cost thousands of jobs, this news can’t have been received well. It appears the ‘quantity and size’ of the scaffolding meant some of the steel had to come from abroad. Further controversy increased as clock enthusiast Mr Melvyn Lee (of Thwaites & Reed, Britain’s oldest clockmakers) expressed his thoughts when the silencing of the bell was announced saying it was ‘nonsense’ and that the clock mechanism for the bell could be maintained even throughout renovation. Protecting workers ear drums and the like used as excuses but it seems this throws up a wider conversation about our love for and patriotic views towards London landmarks, their role and traditions.  Either way this renovation will be for the good of this architecturally outstanding building and its familiar tones.

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London Big Ben

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Tel +44 (0)7824 366705
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Selected images by
Jon Bond Photography
Team images by Martin Gardner

Copyright 2022 © Ebury Communications | All Rights Reserved

 

 

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Tel +44 (0)7824 366705
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CREDIT

Selected images by Jon Bond Photography

Team images by Martin Gardner

 

 

 

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EBURY COMMUNICATIONS
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A Facelift for one of the Alps’ most Treasured Resorts

INDUSTRY CHATTER

A Facelift for one of the Alps’ most Treasured Resorts

val d'isere news

Val d’Isere, a coveted resort for the skiing elite, is set to undergo a significant transformation with a £170m upgrade due to complete in 2020. The ambitious plan includes a myriad of enhancements and improvements expected to catapult the already-popular resort to the very pinnacle of alpine desirability.

Masterminds behind the changes want to ensure that the resort is recognized for a stylish aesthetic, a better choice of accommodation with the creation of 900 extra beds, improved access to the pistes and a range of luxury facilities. As such it will become a veritable competitor on the global ski stage rivaling the likes of Verbier and Courchevel. A spokesperson for the project has called it ‘the most ambitious building project undertaken anywhere in the Alps in a generation’.

Promised highlights include an underground moving walkway to get skiers to the slopes, an extension of the piste to a new residential development, underground bus station and roads, new crèche and kindergarten, new 50 room hotel and 20 apartment residence with four bed apartments, Val Tower – a new feature including a restaurant, residences, shops and cafes, La Tarentaise hotel, new shopping street and a new covered pedestrian area.

Favoured après hotspots Dick’s T Bar and Le Petit Danois will be relocated alongside many other businesses however guests have been assured that construction will be completed in phases and carefully designed to have minimum impact and disruption in the winter months.

To top it all, the resort will become home to France’s highest hotel – a 40 bedroom boutique property located in the former cable car station at Tete de Solais featuring a luxurious spa & restaurant and breathtaking views.

These are not the first upgrades for the resort in recent years. New lifts, ski areas and amenities have been gradually introduced over previous seasons. Such is the calibre of the proposed new resort it was awarded a double accolade at the World Snow Awards in 2016 named as European Ski Resort of the Year and Overall Ski Resort of the Year.

It remains to be seen if everything will be executed as originally planned – an environmental study into the effects of the development is being carried out this season ahead of the issue of final building permits next spring – however one thing is for sure… there are big changes ahead for this pioneering resort and it’s certainly one to keep an eye on.

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Val d’Isere, a coveted resort for the skiing elite, is set to undergo a significant transformation with a £170m upgrade due to complete in 2020. The ambitious plan includes a myriad of enhancements and improvements expected to catapult the already-popular resort to the very pinnacle of alpine desirability.

Masterminds behind the changes want to ensure that the resort is recognized for a stylish aesthetic, a better choice of accommodation with the creation of 900 extra beds, improved access to the pistes and a range of luxury facilities. As such it will become a veritable competitor on the global ski stage rivaling the likes of Verbier and Courchevel. A spokesperson for the project has called it ‘the most ambitious building project undertaken anywhere in the Alps in a generation’.

Promised highlights include an underground moving walkway to get skiers to the slopes, an extension of the piste to a new residential development, underground bus station and roads, new crèche and kindergarten, new 50 room hotel and 20 apartment residence with four bed apartments, Val Tower – a new feature including a restaurant, residences, shops and cafes, La Tarentaise hotel, new shopping street and a new covered pedestrian area.

Favoured après hotspots Dick’s T Bar and Le Petit Danois will be relocated alongside many other businesses however guests have been assured that construction will be completed in phases and carefully designed to have minimum impact and disruption in the winter months.

To top it all, the resort will become home to France’s highest hotel – a 40 bedroom boutique property located in the former cable car station at Tete de Solais featuring a luxurious spa & restaurant and breathtaking views.

These are not the first upgrades for the resort in recent years. New lifts, ski areas and amenities have been gradually introduced over previous seasons. Such is the calibre of the proposed new resort it was awarded a double accolade at the World Snow Awards in 2016 named as European Ski Resort of the Year and Overall Ski Resort of the Year.

It remains to be seen if everything will be executed as originally planned – an environmental study into the effects of the development is being carried out this season ahead of the issue of final building permits next spring – however one thing is for sure… there are big changes ahead for this pioneering resort and it’s certainly one to keep an eye on.

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val d'isere news

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Copyright 2022 © Ebury Communications | All Rights Reserved

 

 

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Selected images by Jon Bond Photography

Team images by Martin Gardner

 

 

 

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Chelsea Island….Eye I can see you

INDUSTRY CHATTER

Chelsea Island… Eye I can see you

Chelsea Harbour

On a typical weekend stroll along the river, we can see the impressive developments around Chelsea Harbour waterfront growing upwards and outwards. It is an area totally transforming over the last 12 months and as the developers Hadley Property Group and St George power more men on the ground to deliver and complete, we’re looking forward to a coffee in one of the new smart cafes in the years to come.

What are the motivations to invest and buy here…. is it the new bespoke scent package specifically created by Rachel Vosper for residents or a five-bedroom penthouse views from the outdoor hot tub (for a mere £17m) or direct access to the Thames, ambitious USPs and a market which has sunk but is soon to swing back in favour, says Cluttons.

Lots Road power station, an industrial landmark built in 1905 will certainly grab the attention of both UK and international buyers, this 8-acre scheme including glass towers, 700 new homes and 24-hour security, is brilliantly located in our mind. But what really matters is if what is promised at Chelsea Waterfront, is actually delivered on your doorstep, lets hope the new health club, water gardens and high-end shops promised by the Hong Kong conglomerate Cheung Kong Property Holdings comes true and in good time.

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On a typical weekend stroll along the river, we can see the impressive developments around Chelsea Harbour waterfront growing upwards and outwards. It is an area totally transforming over the last 12 months and as the developers Hadley Property Group and St George power more men on the ground to deliver and complete, we’re looking forward to a coffee in one of the new smart cafes in the years to come.

What are the motivations to invest and buy here…. is it the new bespoke scent package specifically created by Rachel Vosper for residents or a five-bedroom penthouse views from the outdoor hot tub (for a mere £17m) or direct access to the Thames, ambitious USPs and a market which has sunk but is soon to swing back in favour, says Cluttons.

Lots Road power station, an industrial landmark built in 1905 will certainly grab the attention of both UK and international buyers, this 8-acre scheme including glass towers, 700 new homes and 24-hour security, is brilliantly located in our mind. But what really matters is if what is promised at Chelsea Waterfront, is actually delivered on your doorstep, lets hope the new health club, water gardens and high-end shops promised by the Hong Kong conglomerate Cheung Kong Property Holdings comes true and in good time.

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Chelsea Harbour

What people
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What people
say about us

 

Property PR Agency

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LUXURY PROPERTY BRAND BUILDERS

 

CONTACT

SOCIAL

25 Eccleston Place,
London, SW1W 9NF
Tel +44 (0)7824 366705
hello@eburycomms.com

 

CREDIT

Selected images by
Jon Bond Photography
Team images by Martin Gardner

Copyright 2022 © Ebury Communications | All Rights Reserved

 

 

CONTACT

SOCIAL

25 Eccleston Place,
London, SW1W 9NF

Tel +44 (0)7824 366705
hello@eburycomms.com

Ebury Comms on LinkedIn
Ebury Comms on Instagram
 

CREDIT

Selected images by Jon Bond Photography

Team images by Martin Gardner

 

 

 

Property PR Agency

EBURY COMMUNICATIONS
LUXURY PROPERTY BRAND BUILDERS

 

Copyright 2022 © Ebury Communications | All Rights Reserved