Night Tube series: Top seven places to buy a house in London along the Victoria Line
If there’s one thing that unites the areas that appear along the Victoria Line, it’s rejuvenation. So here are the top seven places to invest in along the blue line, according to Paul Williams, head of Savills Islington, based on average sales price data within 500m of underground stations in the 12 months leading up to March 2015.
“The Victoria Line is home to pockets of London that have witnessed significant regeneration,” says Williams, “from Brixton in the South to Kings Cross in the North. Buyers searching for value are increasingly looking to the emerging trendy locations at the end of the line, beyond Highbury & Islington, where prices have risen by around 45 per cent in the past five years – particularly Walthamstow Central, which is a new hotspot for first time buyers.”
Walthamstow Central
Good transport links and relatively cheap housing have drawn first time buyers here, with properties going for around £361,000.
Blackhorse Road
Another first-time favourite in the Walthamstow neighbourhood, it’s also on the London Overground with properties selling for about £345,000.
Seven Sisters
The second cheapest area on our list next to Tottenham Hale is just north of Stamford Hill, and has properties selling for around £328,000.
Tottenham Hale
Waterside apartments along the River Lea would definitely be worth investing in, and you can snap one up for just £277,000 on average.
Finsbury Park
Finsbury Park has become popular with young professionals and you can still snap up a home there for approximately £506,000.
Stockwell
Stockwell has a spot on two Night Tubes, the Northern and Victoria lines, and house prices are set to soar. Get in now while they’re £431,000.
Brixton
The most expensive area on our list, with average prices at around £528,000. Its restaurants, markets and nightlife have proven a big draw.