Excel London

Best Value Property Areas Along the Crossrail Route


The final opening of the new Elizabeth line or Crossrail has gotten everyone excited. It brings about a host of opportunities and possibilities business and jobwise and makes commutes easier for a significant number of Londoners.

As expected, the arrival of the Crossrail has also had a significant impact on home prices, be it for rental properties or properties for sale, houses and flats alike. Our experienced Newham estate agents have witnessed this first hand, and, in this article, they are sharing their knowledge on the best value property areas along the Crossrail route so you can make an informed and profitable decision.

If you are looking to rent, let, buy, or sell a property in East London, our estate agents in Newham are always available to assist you. Call 0207 055 0441 today to learn more about how we can help.

What you can find in this article:

The Effects of the Crossrail on Property Prices

The Effects of the Crossrail on Property Prices

The Elizabeth Line connecting western and easter London finally opened on May 24 of this year after a 4-year delay. The project stretches from Heathrow and Reading in the West to Shenfield and Abbey Wood in the east and cost £18.7 billion. It’s been a long-awaited moment for business owners, commuters, and property owners alike as they all expect the Crossrail connection to positively impact their lives. The Crossrail is expected to cut commute times by as much as half for certain boroughs and bring about rejuvenation projects in underdeveloped areas.

For properties, the arrival of the Crossrail has translated into price rises, especially in the areas located nearby the new stations. House prices in the areas surrounding the newly opened Elizabeth line stations have exploded with some even doubling.

With average house prices in London reaching an astonishing £700,000, improved transport links will prove to be a blessing for those looking to buy a home in an affordable area with good transport links.

However, even considering the fact that property prices are booming London-wide, the good news is that there are still areas along the Crossrail route where you can find a home under £500,000.

Keep reading to learn more about these areas and what average price you can expect to find for flats and houses.

Cheapest Areas to Buy a Property Along the Crossrail Route

the agent gives the key to the new homeowner

Our Newham estate agents report that, in East London, Manor Park is leading the charts in terms of property price increases with a 47.7% price increase in the last 5 years, followed by Canary Wharf with 37.3%, Chadwell Heath at 35.5%, Ilford with 30.6%, and Goodmayes with 29.3%.

According to our Newham estate agents, Abbey Wood is the area that now stands out as the cheapest option along the new Elizabeth line, with an average property price of £350,000. Other areas where you can secure a home for under £400,000 include Harold Wood, Chadwell Heath, and Woolwich.

Abbey Wood

Abbey Wood is located in south-east London. When it comes to houses, it’s the cheapest option on the Crossrail route, with average house prices at around £388,000. For flats, Abbey Wood is 5th on the list with an average price of £249,000.

Abbey Wood is a great location to invest in a property in East London according to our Newham estate agents as it is undergoing dramatic transformation and rejuvenation with projects like the £1 billion redevelopment of Thamesmead set to be finalised by 2050.

Chadwell Heath

Also located in East London, Chadwell Heath is the second cheapest place you can buy a house on the Crossrail route and the cheapest place to buy a flat. Average house prices are around £414,000 and average flat prices in the area are at about £214,000.

Chadwell Heath is also undergoing transformation, with significant investments planned by the Barking and Dagenham Council that include 4,000 new homes, as well as modern schools, shops, public spaces, and restaurants.


Ilford is another East London area that has become a property hotspot even before the Crossrail, with average flat prices at around £226,000. This newly rejuvenated area is a haven for first-time homebuyers and is closely followed by Seven Kings in terms of affordable housing, with flat prices in that area averaging at just above £236,000.


Woolwich comes in third place on our list of cheapest areas to buy a house. This south-east London hotspot has recently seen substantial investments in property development, with thousands of new homes being delivered in the area.

The average house price in Woolwich is now at £438,000 and is expected to rise as the redevelopment of Woolwich Arsenal, a historic riverfront military site, into £1.2 billion Royal Arsenal Riverside, a housing development that comprises 5,000 new homes is underway.

Custom House

Custom House is another notable addition to our Newham estate agents’ list of cheapest areas to buy a property along the Crossrail route. With average house prices at £454,000, this is still an affordable East London area. Property prices here are expected to increase substantially once the Royal Docks regeneration project is completed so an investment here would be a wise choice.

Seven Kings

Approaching the £500,000 mark in terms of house prices, Seven Kings is an up-and-coming family-friendly East London neighbourhood where house prices average at about £497,000. The area’s average prices are, however, much lower when we look at flats, namely £237,000.

If you are looking for a new home in East London or along the Crossrail route, our experienced estate agents in Newham can provide exclusive listings and help you make the best deal for your budget and needs. Contact our experienced agents today at 0207 055 0441 to learn more.

5/5 - (601 votes)

Our Agents

Estate Agents Qaiser

Qaiser Masood

Estate Agents Rizwan

Rizwan Ashraf

What Our Customer's Say

Samarpan Thorat
Samarpan Thorat
They have multiple options.
Lana Matta
Lana Matta
Exceptional service! Always on time and proactive!
Adetola Ajala
Adetola Ajala
From just a walk in to prompt service delivery. Adil took time to explain about property market and was very professional in every aspect of negotiation and final house letting process. So far property management has been satisfactory.
Amit Bains
Amit Bains
I chose REMAX and Adil specifically to manage my property in the Canning Town area because I could tell the enthusiasm and customer service levels were extremely high. I have not been disappointed given the current market and global situation over the past year and more I could not have asked for a more attentive agent then Adil and the wider REMAX team
Adnans Syed
Adnans Syed
Remax barking is best agents Mr Adil is best Man to deal with we take House From Mr Adil in 2018 now in 2021 we are moving From house But There service is very professional and decent I moving my house but in many years no problem with them regarding anything I live in U.K. since 15 years but this is the best agency we had if you guys be with remax barking road you never be a disappointed that’s for sure great service see you in future Mr Adil thanks for you kind service god bless you 🙏
Thunicia Moodley
Thunicia Moodley
I approached REMAX after being dissatisfied with another agent in the area, who was very poorly responsive, negligent with our property, & unable to rent it out for 3 months. From the first interaction, Adil was highly responsive, provided advice on what was required to bring the property back up to standard, and swiftly obtained quotes for all work that needed to be carried out. REMAX oversaw completion of the extensive work & secured tenants in approximately 4 weeks. I initially contacted REMAX, amongst other agents, due to their high Google ratings. Based on my own experience, I rate the level of customer service & professionalism 5 star. Thank you Adil & Team.
Anam Asghar
Anam Asghar
Excellent Customer Service and prompt action been taken when finding property for my self… Highly Recommended 👍🏻
Nitu Mariana
Nitu Mariana
I have just secured a new apartment using the REMAX Canning Town Branch, and during the whole process, Mr Masood Qaiser was very helpful. I contacted him through Facebook regarding the available property. He was very professional, good communicator. Patient and reliable. Explained all the processes and followed up with emails and calls, which helped put my mind at ease and helped me throughout the whole process, making the process smooth and easy. Even he helped me with switching the bills. So I very much recommend this agency. I had a positive experience with them.
Martin Parvanov
Martin Parvanov
I saw so many properties to rent in Facebook . You have so many advertises and when I ask Julian if they are still available He doesn't reply to me. Even not only him ..There is another guy I can't remember his name and he doesn't answered on my messages as well. This is the reason to give you only one star
Saugat Budhathoki
Saugat Budhathoki
I've used Remax Canning Town Branch for Letting my apartment in Rathborne Market. Mr Rizwan is reliable and goes the extra mile to help and secure the professional tenants as I wanted. On top of his knowledge and experience, Rizwan is kind and personable, a pleasure to work with him, and I recommend REMAX wholeheartedly.

Are you looking to

We need to know if you require a Sales or Lettings valuation to provide you with the right local expertise.