London's reach for commuters
Language: English Series: Planning in London ; (64) January-March 2008, 43-44(2)Publication details: 2008Subject(s): Summary: Reviews research by Savills examining the relationship between house prices and distance from London. Identifies that commuter demand has led to an approximate fall in property prices by £1 000 for every additional minute of rail journey time to the capital beyond the M25. As a result, reducing journey times to London has the capacity to add value to residential property. Few daily commuters are willing to live more than 100 minutes away from London.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L142141 (Browse shelf(Opens below)) | 1 | Available | 142141-1001 |
Reviews research by Savills examining the relationship between house prices and distance from London. Identifies that commuter demand has led to an approximate fall in property prices by £1 000 for every additional minute of rail journey time to the capital beyond the M25. As a result, reducing journey times to London has the capacity to add value to residential property. Few daily commuters are willing to live more than 100 minutes away from London.