This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Research has revealed the most in-demand London Underground stations for house hunters.
Online estate agent eMoov found that Watford is the most popular tube station for house buyers, despite not actually being in London, but in Hertfordshire.
The study highlighted the growing popularity of outer London among property hunters, with all stops in the top ten located in zone 5 or beyond. Homes here are more affordable than inner London areas.
Contrastingly, the ten least in-demand stations are all in zone 1, the most central area of the capital.
Watford, in zone 7, has a demand rating of 78%, calculated by eMoov by comparing the amount of properties listed against the number that have sold in a certain period.
The Most In-Demand Tube Stations for House Hunters
Bond Street is the least popular, with a demand rating of just 13%.
The top nine most in-demand stations are all in North West London. East London is also popular, with most of the stations with the highest increases in demand located in this area.
East Ham, in zone 3, experienced a 26% increase in demand since February.
The Central line is the most popular with house hunters, with demand at 48%. However, the Jubilee line saw the largest rise in demand in the last six months, up 18%.
The least in-demand lines are the Circle, Northern and Victoria, all at 37%.
Founder and Chief Executive of eMoov, Russell Quirk, comments: “It is interesting to look at the data not only by the popularity of the station, but also which zones are most in-demand, as well as the lines that run through them.
“West Ruislip is the only top ten station on the Central line in terms of property demand, even though the Central line as a whole accounts for the largest demand percentage of all the lines.
“Based on our research, the most in-demand area of London is currently East London, home to the majority of the most in-demand stations, all of which are positioned in zones 5 and outwards. But zones 3 and 4 are also enjoying strong demand and big increases since January.
“With great transport links via the Jubilee and Central lines as well as the development of the Crossrail project, strength of demand in these areas should remain strong.”1
Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources.
When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.
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