Riverside property prices bringing Londoners out of the city

Riverside property prices bringing Londoners out of the city

Whether you're buying a property with future returns in mind, or simply for somewhere to settle down with your family, you want to know that what you are buying will be a sound investment - after all, you will more than likely want to sell it some time down the line.

If you're living in London, it can sometimes be hard to follow trends to see where the best places to buy are unless you are very much on the ball - thankfully, at the moment there is one such trend taking shape that is gaining more and more popularity. 

Riverside areas are increasingly taking buyers out of the city thanks to their lower price points, increasing values and the quieter way of life that they offer. 

You just need to look at recent activity in Fulham, where data from Strutt and Parker has shown that the number of houses sold in the last ten years has jumped by 17 per cent, with prices rising by 65 per cent in the same period - better than in some Prime Central London regions.

Other areas are performing similarly, and in recent times it's been reported that the number of people moving out of the centre of the city and towards riverside suburbs such as Twickenham, Isleworth and Greenwich have been increasing quickly. 

Isleworth and Greenwich in particular have performed well, largely due to the atmosphere presented by their plentiful Victorian buildings and the cobbled streets that almost make residents feel like they're a million miles from London. 

So why are people making the move? It's quite straightforward. It's typically cheaper to buy in these areas, and with new developments coming to the fore in areas such as Fulham all the time, people are able to get modern homes without the expensive price tags.

Couple this with the relatively relaxed nature of some of the riverside areas, and the fact that most are well connected to the centre of the city through transport links,  making them perfect for commuters, and buying in the Thames-side areas of the capital makes perfect sense.