Boom town as Harlow house prices rise by 17%

HARLOW has become a surprising star destination for commuters.

House prices in Harlow, Essex, rose 17 per cent last year thanks to its schools, good-value property, pretty old town and 34-minute commute to London.

According to exclusive research by Savills on locations along the line from London to King’s Lynn in Norfolk — setting off from either Liverpool Street or King’s Cross — Harlow has outperformed not only the capital, but also better-known commuter hotspots such as Bishop’s Stortford.

With average prices of £219,459, it is also seriously affordable, even when the £3,400 yearly cost of a season ticket is taken into account. “Harlow has performed spectacularly in the past eight months,” says Paul Brooker, managing director of estate agents Howick & Brooker.

“It has always been good value for money. It’s close to the M11 and M25 and it has easy rail routes into London. Up to £300,000, the market is mainly local buyers, but we are also seeing an influx of buyers cashing in from the north and east London suburbs and buying a bigger house in Harlow.”

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One Response to "Boom town as Harlow house prices rise by 17%"

  1. jarrett   January 14, 2016 at 6:20 pm

    Well Mr Brooker you would not have a vested interest in prices going up would you?young people priced out,BTL slumlords,speculative estate agents and of course the more they go for the bigger your cut,the sooner the crash comes the better and yes i am a home owner but would like to see others have a chance rather than all the self centred greed that pervades this country.

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