Canary Wharf’s property market has staged a remarkable comeback since the dark days of the banking crisis in 2008, when developers had to slash prices to sell homes.
Today there is a fresh wave of glinting glass skyscrapers in new neighbourhoods on the edge of the office campus, with lots of lifestyle “essentials” for finance workers — valet parking, cinema, spa, gym and a stress-relieving running track.
Prices have increased by 27 per cent since the start of 2013, outstripping the 10 per cent gains in central London over the same period, according to Knight Frank.
While studio flats in the new 10 Park Drive scheme of 345 homes cost from £585,000, cheaper apartments are for sale at New Providence Wharf, a waterside complex in Poplar, just east of the Canary Wharf dealing rooms.
One-bedroom flats at Jessops Building, pictured, the latest phase, start at £382,250, with shared-ownership options available through Genesis housing association. Stressed-out office workers can run off the tension at the on-site athletics track, or sweat it out in the boxing ring. There’s a 25-metre pool and a spa, with further relaxation in the glass-walled sky lounge for residents and their guests. Call 0800 954 0040.