Where to buy in London 2016:the Tube line extensions and Crossrail homes hotspots you need to know about

Transport-led regeneration is the single most important factor boosting the value of homes. These are the new routes you need to know about... 

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Every day, 3.7 million people use the Tube and new lines and extensions are all under way to boost the system's capacity.

Where railway lines go, home buyers follow, and transport upgrades often trigger wider regeneration. It happened with the recent Overground improvements and it is happening again.

Here are four transport upgrades to watch out for...

1. Crossrail

Property prices along the east-west route have been steadily rising since work began on the high-speed Crossrail line seven years ago.

Abbey Wood, in south-east London, is set to experience a more “transformational impact” than anywhere else because journey times to central London will be halved.

However, the Elizabeth line's impact is far reaching and at the only other station south of the river, Woolwich, 5,000 homes are being built in waterfront towers. 

Meanwhile, at Southall, in the north-west, more than 3,500 homes are being built by the Grand Union canal, with the first set to be unveiled next year.

Read more: Elizabeth line mega-districts set to bring thousands of homes from Southall to Woolwich

2. Northern line

Scheduled to open in 2020, the Northern line extension is the capital’s next major Tube upgrade.

Two stations are being built in the south: one at Nine Elms, at the Vauxhall end of Wandsworth Road, the other at the Battersea Power Station complex. Plans are also being made for a further extension west to Clapham Junction.

Costing £1.5 billion, and funded by private developers and landowners, the extension will open up new areas of the city to homebuyers, including Oval, Vauxhall Park, Lambeth Walk and Kennington.

Read more: the Northern line's new extension from Kennington to Battersea - and the existing stations tipped for growth

3. Bakerloo Line: south-east London

£850 million project: new stations at Albany Road and Asylum Road are part of a wider scheme that includes 2,400 flats and houses

Adding two new stations on Old Kent Road, near the junctions with Albany Road and Asylum Road, is the council's preferred plan for a Bakerloo line extension from Elephant & Castle to Lewisham.

This is still subject to consultation, and the trains aren't scheduled to start running for at least another 10 years, but this swath of Southwark is already on the fast-track for change.

Up to 20,000 new homes - with a third being "affordable" - schools and parks are part of a master regeneration plan, along with a new Overground station called New Bermondsey.

There are plans to reform the high street, with traditional owner-run shops and cafés, and there's even suggestions of a further extension to Kent, via Catford and Bromley.

Read more: Bakerloo Line extension to pass Old Kent Road will collect 20,000 new homes

4. Crossrail 2

Construction of Crossrail 2 is set to start in 2020, two years after the Elizabeth line is due to open.

Beginning in Hertfordshire and ending in Surrey, the exact route is still to be confirmed but is likely to go via Waltham Cross, New Southgate, Seven Sisters, Angel, Euston and Victoria. The line will connect with the suburban network and the Tube system and include new stations.

The £27 billion project is expected to trigger the building of 200,000 new homes, creating new homes hotspots along the route.

On its way: construction of Crossrail 2 is due to start in 2020

Four hotspots to watch out for are Enfield and Tottenham Hale in north London, and Chelsea and Clapham Junction in the south.

At Meridian Water, a new station in Enfield, the first of 10,000 new homes are set to launch next year, offering direct links to Liverpool Street.

Already on the Victoria Line and Stansted Express route, Tottenham Hale is one of the best connected Zone 3 stations. As one of the Mayor's 10 new housing zones, regeneration of the area is being fast-tracked, and up to 1,200 new homes are being built.

Despite local protests, the council is backing a new station for the Tube-starved King's Road in Chelsea. Transformation of the eight-acre site has already started and homes priced from £1.55 million are on sale.

Clapham Junction is already Europe’s busiest interchange, and it's set to get even busier with its Crossrail station and Northern line extension. A 57-acre housing zone covering the area from the station to the Battersea waterfront is the main focus of the area's wider regeneration.

Read more: four homes hotspots from Clapham to Enfield on London's new £27 billion north-south train line - set to launch in 2030

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