We are just weeks away from the long-awaited opening of the Elizabeth Line and Londoners can’t wait to take a trip on it. At long last, the state-of-the-art trains will finally be able to transport up to 1,500 commuters and Londoners from A to B.
Each train will have nine interconnected walk-through carriages where passengers can enjoy Wi-Fi available exclusively on the Elizabeth Line trains and platforms. The railway will stop at 41 different stations and up to 24 trains will run per hour during peak times.
Commuters living East and West of London will now be able to travel to the city at a faster rate and it’s hoped that the new train service will help to reduce overcrowding during peak times – a commuter’s dream. End to end, the Elizabeth Line will stretch over 60 miles, from Reading and Heathrow Airport in the west passing through central London and then back out to Shenfield and Abbey Wood in the East.
And just to add to the excitement of just how speedy the Elizabeth Line really is, it is expected to take Abbey Wood commuters just 11 minutes to get to Canary Wharf – which cuts out 19 minutes of commuter time on the current services. There is no doubt that the Elizabeth Line is about to shake up London transport and desirable commuter towns popular with Londoners are about to be even more popular for prospective buyers.
Though we won’t know the full impact of the Elizabeth Line on the property market until it opens, it’s certainly about to shake things up. One commuter town that has seen an influx of East Londoners looking to buy in the area ahead of the Elizabeth Line opening is Shenfield in Essex, according to one local estate agent.
Though it currently takes just 23 minutes to get from Shenfield to Liverpool Street Station via the fast Greater Anglia Trains, the estate agent told us that since the end of last year, a lot of prospective buyers have been looking to move there. He told MyLondon: “We’ve had people coming in, most people have been mentioning the Elizabeth Line. It has been mentioned quite a lot throughout the past six months or so – but the interest has come from a majority of families or people looking to start a family. “
Ever since lockdown, the estate agent explains that a lot of people have moved to Shenfield from other soon-to-be Elizabeth Line destinations, Romford or Ilford. This is interesting considering properties in Romford, which is between Ilford and Shenfield on the new service had the lowest overall average price of £ 389,179 over the last year, according to Rightmove.
Ilford, which is the closest station to central London on the new service, came next with the overall average property price of £ 475,339 over the last year. While the overall average price of properties in Shenfield during the last year was double Romford’s – amounting to a staggering £ 824,675.
There’s a lot of pros and cons to the Elizabeth Line coming to Shenfield, as the new journey takes twice as long to Liverpool Street Station – totalling to 46 minutes and 13 stops. Whereas the faster Greater Anglia Trains currently only take 23 minutes from Shenfield to the same destination. However during peak times, there will be 12 Elizabeth Line services running per hour from Shenfield to central London.
Crossrail explains that “when the Elizabeth line is fully open passengers will be able to travel through to central London without having to change trains, however, from the railway’s launch in May 2022 until the autumn of 2022 you will need to change at Liverpool Street for Elizabeth line stations between Paddington and Abbey Wood. “
However as the estate agent tells MyLondon, Shenfield has always been a great commuter town that has attracted an influx of buyers since the end of lockdown – only time will tell if the soon-to-open Elizabeth Line will bring in even more.
What are your thoughts on the new Elizabeth Line? Let us know in the comments section here.
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