It’s not a big bang home development, a trendy artisan cafe, or a place for new art. Perhaps, unlike other stops, there was nothing terrible from the beginning in this comfortable, family-friendly suburb, without the need to build many acres of unloved industrial land.
That’s why buyers need to know Seven Kings.
Skvil Basra, the office manager of Edward Chase’s real estate agent, estimates that one of the region’s 1970s three-bedroom cicadas can be purchased for around £ 500,000 to £ 550,000. Remodeling a two-bedroom apartment costs about £ 350,000, but you can build a (slightly smaller) desired apartment from about £ 325,000.
Average home price since Crossrail work began
2012: £ 262,910
2022: 441,350 pounds
Growth rate: 68%
Source: Hamptons
There are also some Victorian streets around Meads Lane, but these rarely appear and are snapped.
Overall, prices have risen by just over 5% over the last two years.
For renters, a two bedroom flat costs about £ 1,200pcm.
“Thanks to Covid-19, the market is booming now,” Basra said. “Typical buyers are exchanging apartments like Mile End and Eastham for the whole house. They can get more for their money and in quieter areas.”
Basra admits that Crossrail hasn’t made a big difference in the area — “there’s really no land for it” — or raised Ante in terms of shops and cafes. “The only thing that really changed was the station,” he said.
But Seven Kings has its benefits, aside from the value of money.
There are plenty of green spaces such as South Park and Seven Kings Park. You can dine at some of the finest restaurants nearby, including the Asian Fusion Wokwara Street Kitchen and the Colony Restaurant serving Indian-style street food. Both are high. road.
Cross rail travel time
From Seven Kings to Tottenham Court Road: 34 minutes
From Seven Kings to Paddington: 39 minutes
Seven Kings to Heathrow: From 75 Minutes
Timing includes 10 minutes for the Liverpool Street interchange and 8 minutes for the Paddington interchange, which is valid until 2023.
For shopping and nightlife, watch Uber to Stratford or Wanstead, four miles away.
The future of Seven Kings
As always, we are skeptical. The Redbridge Council is backing plans to redevelop the council-owned parking lot on the highway into more than 200 apartments and some form of health center, but the planning pipeline in the area is fairly simple. .. There is no work start date yet.