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Londoners to continue moving out to the commuter belt, says Savills

According to Savills, the train stations that have seen the largest increase in passenger use over the last two years are those that have seen larger volumes of new homes delivered – areas such as Aylesbury Vale Parkway and Didcot Parkway.

Areas such as these have, on average, seen house price growth that is 5% higher than neighbouring areas over the past five years. As people continue to move out of London, improvements to infrastructure can provide an opportunity for developers to take advantage of the demand for new homes in commuter locations.

Over the past two years, stations that saw the largest increase in passenger use were those within a 19 to 39-minute journey from a central London terminal. These are also the markets which have seen the largest increase in second hand sale prices over the past five years – an average of 44% against the average for England and Wales of 20%.

Savills reported: “We expect the ripple effect of Londoners moving to the commuter belt to continue. Searching for more space, they are likely to bring London’s equity with them and will be targeting markets with the quickest links to the capital.”

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