Would you sell or wait for Crossrail completion?

[SCEtoAUX]

Take the money and run.

[RC1807]

Have you had your house valued to ensure the offer's in the right price?
If it is good £, and you'd move anyway, take their offer.


(A mate's parents had a compulsory purchase on their house in Christchurch, Dorset, some years ago by Network Rail (I think it was)
They took the very good offer, and moved oop North, then NR didn't do anything with the house. It's a wreck now. )

[sato]

You're not the first person from Brentwood I have heard who is waiting for Crossrail to complete before selling.
All anecdotal of course, but extrapolate that out and there could be a significant number of people delaying selling now and instead hitting the market post Crossrail. Sellers market now, but not necessarily in the future? May be nonesense, but something to think about.

[anonymous-user]

In a similar boat, down the other end of the line
Prices here have outperformed other areas due to cross rail & id say that will continue.
A 50 odd minute single train journey to the city will effectively export London prices here.

[mr_spock]

Sell and invest the money. Or rent it out if you don't need to live there, then get the best of income and appreciation (albeit with some pain in the backside).

[iain014]

I'm in Brentwood too, and in the middle of building an extension so clearly I have an interest in this. Prices are very silly and there are some incredibly small houses that are actually selling for prices approaching double what they were 4 years ago when I first started looking.

My hope is that those areas on the Crossrail route that aren't currently on the tube network will continue to outperform similar areas right up until the line is fully established and once the initial glut of properties on the market has settled down.

The full line won't be open for another 18 months so I don't think that it's been fully factored in just yet.