A new map illustrates the link between property prices and tube stations. The map shows average prices and rents for apartments in postcode-based catchment areas around each of the London Underground tube stations. It proves that west is still best when it comes to London property.
This map shows the value of property in London’s West End and West London roughly equating to Zone 1. It gives Londoners the ability to question property developers, estate agents and landlords about whether they are living close to a ‘good value’ tube station or ‘poor return’ tube station.
Property marketing makes clever use of imagery and smart marketing suites to tempt buyers. However, one thing it cannot do is change the name of the local tube station so the tube-linked data provides a good starting point.
West still best
To create the
Wetherell London-Underground Property Map, Wetherell estate agent in association with
Dataloft undertook an extensive survey, analysing sales and rental values for two-bedroomed apartments (as reported by the Land Registry, Lonres and Zoopla) over 12-months.
- The Piccadilly Line is London’s most prestigious, as ranked by the average value of a 2-bed apartment, £1.36 million.
- The next best is the District Line (£1.06 million), Circle Line (£1.02 million) and Central Line (£995,452).
- Unsurprisingly, ranked by property values, Knightsbridge is London’s most expensive tube station. Others in the top 10 include Hyde Park Corner, Sloane Square, Green Park, High Street Kensington and Regent’s Park.
The map shows that East London still has a long way to go before it can rival West London in offering the most sought-after places in which to live.
Wetherell London-Underground Property Map a journey through London's property values.