Canning Town

Canning Town regeneration a boon for home buyers

A £3.7 billion regeneration project is set to transform Canning Town in London’s east end.

Around 10,000 new homes will be built as part of the development with upgrades to the local transport network.

The biggest project is at Hallsville Quarter, where 1,100 new homes will be created on a 15-acre site near Canning Town station at a cost of £600 million.

Community facilities

Of those homes, a third will be affordable and marketed for those on low and middle incomes.

The latest part of the project will include a retail area with shops, restaurants and facilities such as a health centre.

Canning Town has an Underground station while the Docklands Light Railway (DLR) also runs through the station.

Area-wide projects

Crossrail, the rail project to connect London’s stations from east to west, will also stop near to Canning Town at the newly created Custom House station once complete.

Average property prices in Canning Town are now £439,000.

Meanwhile, Newham Borough Council is considering planning applications for the redevelopment of Custom House, plans that include 800-900 new homes, community facilities and improved local shops.

About the Author Frances Traynor

Fran is the content writer for Capital Conveyancing, producing articles on all aspects of the conveyancing process and around the UK property market in general. If there is a topic you'd like to see covered on these pages, please drop Fran a line on [email protected]