CONTENTS: INTRODUCTION, UNDERSTANDING THE TEMPLATES, BETHNAL GREEN, PADDINGTON, BARNES, ACTON, KINGS CROSS, CAMDEN, CHISWICK, CLAPHAM, CROUCH END, EAST DULWICH, EALING, FINCHLEY, GOLDERS GREEN, HAMMERSMITH, BELSIZE PARK, HIGHGATE, HOLLAND PARK, ISLINGTON, KENNINGTON, KENSINGTON, TUFNELL PARK, KILBURN, MAIDA VALE, MUSWELL HILL, NOTTING HILL, PIMLICO, POPLAR, PUTNEY, RICHMOND, SHEPHERDS BUSH, COVENT GARDEN, ELEPHANT & CASTLE, GREENWICH, STEPNEY, FRIERN BARNET, WANDSWORTH, WEST HAMPSTEAD, WIMBLEDON, BERMONDSEY, PROPOSED TUBE STATIONS, PROPOSED RAIL STATIONS, POWER OF THE POSTCODES, CONGESTION ZONE
| Area: | Greenwich | |||||||
| Catergory: | C | |||||||
| Postcode: | SE3, SE10 | |||||||
| In Congestion Zone: | No – 5.0 miles outside. | |||||||
| Parking and Traffic: | Permits & Meters. Greenwich Town Centre gets congested. | |||||||
| Ethnicity Bias: | None | |||||||
| Investor Profile | Pension, Business, Cash&Equity, University | |||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 29 | 2 | 8 | 12 | ||||
| Yield Range: | 4.1% - 6.4% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Studio flat | 100,000 | 135,000 | 120 | 165 | 6.2% | 6.4% | ||
| 1 bed flat | 135,000 | 230,000 | 165 | 260 | 5.9% | 6.4% | ||
| 2 bed flat | 180,000 | 450,000 | 180 | 425 | 4.9% | 5.2% | ||
| 2 bed house | 210,000 | 350,000 | 165 | 370 | 4.1% | 5.5% | ||
| 3 bed house | 245,000 | 540,000 | 290 | 585 | 5.6% | 6.2% | ||
| Valuations above the London average by: | -25.0% (£181,340) | |||||||
| Actual | London Average | |||||||
| Capital growth last 12 months: | 38.4% | 19% | ||||||
| Capital growth last 48 months: | 96.8% | 89% | ||||||
| Tube: | North Greenwich Jubilee Line (Zone 3) – 22 mins to Westminster. | |||||||
| Demand For Letting: | Good | |||||||
| Average void period: | 7 days | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 7 | 5 | 2 | |||||
| Summary: | We have to wait for this one but there are lots of developments. It cannot afford to fail. | |||||||
| Sought After Streets: | Trafalgar Road, Burney Street and Hyde Vale. | |||||||
| Description: | When you think of Greenwich you can only think of one thing – The Millennium Dome. This area, and surrounding areas being the land around the dome, The Greenwich Peninsula and The Millennium Village, will be a hip, futuristic and well connected place to live and work. The Dome will be an international arena to stage large concerts and corporate events. The land around the Dome will be more homes (around 7,500) and office space. There will be hotels, bars, shops, museums – you name it and it will be there. The currently ugly Peninsula is undergoing development for over 9,000 homes. The Village will be a development of nearly 1,500 homes. It has a tube stop and the DLR so its easy to get north of the river. Along with this will be the necessary infrastructure and so there will be superstore retail parks, business parks and maybe even a hospital. The area will be a highly desired self servicing town with spectacular river views. There has been a lot of smart money going in to this area. A lot of the new build stuff going to serious investors buying off plan. I would wait for the market to find itself for the next few months. Consider checking it out in third quarter of 2003. | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Humphreys Skitt & Co | 205 Greenwich High Road, Greenwich, London, SE10 8NB | 020 8858 1102 | www.humphreys-skitt.com | |||||
| John Payne | 227 Greenwich High Road, Greenwich, London, SE10 8NB | 020 8858 9911 | ||||||
| Feliks Augustine | 5 Greenwich South Street, Greenwich, London, SE10 8NW | 020 8858 7111 | ||||||
| Meridian Estates Ltd | 190, Trafalgar Rd London SE10 9TZ | 020 8858 5628 | www.meridianestates.co.uk | |||||
| Felicity J Lord | 27, Greenwich South St Greenwich London SE10 8NT | 020 8293 8555 | ||||||
| Oliver Bond Ltd | 38, King William Walk London SE10 9HU | 020 8858 9393 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Carlton Property Management Services | 161 Trafalgar Road, London, SE10 9TX | 020 8305 1889 | www.carltonproperty.co.uk | |||||
| Meridian Estates Ltd | 190 Trafalgar Road, London, SE10 9TZ | 020 8858 5628 | www.meridianestates.co.uk | |||||
| Hindwoods Hunter Payne Ltd | 21 Burney Street, Greenwich, London, SE10 8EX | 020 8858 9303 | www.hhp-property.co.uk | |||||
| Property Liaisons of London Ltd | 1a Rotherhithe New Road, Surrey Quays, London, SE16 2AH | 020 7252 0111 | www.propertyliaisons.co.uk | |||||
| Indigo Property Management | 23 Wellington Street, London, SE18 6PQ | 020 8317 2002 | www.indigoproperty.com | |||||
| Langthorn Ltd | 133, Greenwich South St London SE10 8NX | 020 8488 1515 | ||||||