Demand for homes with electric vehicle (EV) charging points remains robust across many areas of the capital according to Foxtons.

Homes offering private charging facilities are expected to become even more attractive to buyers with 28% of homes offering such a feature having already found a buyer.

Foxtons Managing Director - Sales, James Stevenson, said: “The Budget has added a new long term running cost for EV owners, but it has not altered the broader direction of travel. Electric vehicles remain a more affordable and popular choice for many Londoners, and the Government has strengthened the support available to those opting for to go greener when it comes to their mode of transport. 

“As EV adoption continues to rise, the presence of a private charging point is becoming a significant advantage for sellers and our data shows exceptionally high demand for EV compatible homes across the capital.

“Yet the number of these properties on the market is extremely low and this creates a clear opportunity for homeowners. Buyers increasingly value convenience, security and future readiness, and homes that provide private charging facilities are well placed to attract stronger interest and competitive offers in the years ahead.”

In several boroughs, demand is substantially higher. Islington leads the capital with 60% of EV equipped homes already under offer, followed by Bexley at 53%, while both Barking and Dagenham and Lewisham stand at 50%. Haringey, Sutton and Havering also show elevated demand levels, ranging between 41% and 44%.