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 ProfilePension, Business, Cash&Equity, University
Per 1000 population292812
Yield Range:4.1% - 6.4%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat100,000135,0001201656.2%6.4%
1 bed flat135,000230,0001652605.9%6.4%
2 bed flat180,000450,0001804254.9%5.2%
2 bed house210,000350,0001653704.1%5.5%
3 bed house245,000540,0002905855.6%6.2%
Valuations above the London average by:-25.0% (£181,340)
 ActualLondon 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

(out of 10)

Capital Growth

(out of 5)


(out of 5)

Out of 10:752
 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.


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:NameAddressTelWeb
 Humphreys Skitt & Co205 Greenwich High Road, Greenwich, London, SE10 8NB020 8858
 John Payne227 Greenwich High Road, Greenwich, London, SE10 8NB020 8858 9911 
 Feliks Augustine5 Greenwich South Street, Greenwich, London, SE10 8NW020 8858 7111 
 Meridian Estates Ltd190, Trafalgar Rd
SE10 9TZ
020 8858
 Felicity J Lord27, Greenwich South St Greenwich
SE10 8NT
020 8293 8555 
 Oliver Bond Ltd38, King William Walk
SE10 9HU
020 8858 9393 
 Letting Agents:NameAddressTelWeb
 Carlton Property Management Services161 Trafalgar Road, London, SE10 9TX020 8305
 Meridian Estates Ltd190 Trafalgar Road, London, SE10 9TZ020 8858
 Hindwoods Hunter Payne Ltd21 Burney Street, Greenwich, London, SE10 8EX020 8858
 Property Liaisons of London Ltd1a Rotherhithe New Road, Surrey Quays, London, SE16 2AH020 7252
 Indigo Property Management23 Wellington Street, London, SE18 6PQ020 8317
 Langthorn Ltd133, Greenwich South St
SE10 8NX
020 8488 1515