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Crossrail to turn Paddington into ‘one of the best-connected areas in the capital’

Paddington is benefiting from Crossrail redevelopment and ongoing regeneration, which should enhance the area’s appeal as a major residential destination. When the Elizabeth Line opens, Paddington will boast excellent transport links to other parts of London and beyond.

Paddington is set to receive a boost with the opening of Crossrail (the Elizabeth Line), turning it into one of the capital’s ‘best-connected areas’ and enhancing its appeal as a residential destination in central London.

Paddington is benefiting from ongoing regeneration as well as the coming of the Elizabeth Line, and there is potential for it to become a sought-after residential area on a par with nearby Bayswater or Marylebone.

All eyes are on the Paddington Waterside project and Paddington Quarter, where new bars, shops, cafes and restaurants are opening, bringing new jobs to the area.

Paddington has often lost out to its residential neighbours, struggling to attract buyers, but that may be about to change.

Paddington Station and its surrounding area are undergoing regeneration work, while the opening of the Elizabeth Line will further improve transport links.

Simon Howard, Sales Director for property developers Berkeley Homes, said: “Paddington and the wider area, including Marylebone, provide an attractive option for buyers, and Crossrail’s imminent arrival will only serve to strengthen this.”

Howard continued: “The new Crossrail station at Paddington will make it one of the best-connected areas in the capital, which will naturally have a positive impact on both property value and demand.”

The Elizabeth Line is due to open at Paddington in December 2018, when services will run through central London and terminate at Abbey Wood. The route will open fully from December 2019, providing direct links to Heathrow and multiple other destinations across London and beyond.

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Maurice Shasha

The Property Industry has always and continues to interest me, and after joining Plaza Estates in 2008 I have experienced a market which has taught me alot. In my role advising clients on their purchases (together with our sales teams), managing the refurbishments for them (together with our management and design team), preparing the property for rentals (together with our rentals teams) or sales and being responsible for the Companies digital marketing I have seen the market from various aspects. The market is always changing and it is essential we constantly adapt, which since Plaza Estates was established in 1972 is something the company has always done. We pride ourselves in the personal relationship and service we have and give all our clients and being part of a company which is "big enough to cope and small enough to care" is something I really enjoy.

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