Homes and Property

Fast Midlands trains see commuter numbers treble

By Ruth Bloomfield
Dramatic cuts in journey times following line upgrades for trains to London from Birmingham and Solihull have seen commuter numbers rise by nearly 300 per cent.

Chiltern Railways predicts numbers will continue to grow as Londoners realise commuting from the Midlands is now do-able on a daily basis.

The completion last September of a £250 million line improvement project for trains using Marylebone station sparked a huge rise in daily season ticket travel as commuters took advantage of 20 per cent reductions in journey times.

Solihull has seen a 283 per cent year-on-year rise in daily season ticket journeys after travel times were cut from an hour and 51 minutes to 82 minutes.

Journeys from Birmingham Moor Street increased by 179 per cent, after the journey time reduced from one hour 58 minutes to 90 minutes. Journeys from Warwick Parkway rose by 40 per cent and departures from Leamington Spa rose by 29 per cent.

Toby Harris, associate at Strutt and Parker, has already seen the impact at the firm’s Banbury office where journeys have increased by 25 per cent.

“People who want to make the big step out now feel it is much more do-able. Our problem is that we just don’t have enough houses to sell them. One thing we have seen is that people are now willing to travel further to the station so the radius of where is considered commutable has been pushed out.”

Thomas Ableman, marketing director at Chiltern, says he expects numbers to grow. At the moment they conceded the actual numbers commuting from these far-flung destinations is still fairly modest: 712-a-day from Banbury, and 148 from Warwick. “But it is growing all the time,” he said.

Ableman pointed out the new timetable is still in its infancy. “It takes longer than three months to buy a house,” he said. He believes the current increase is due to more locals opting for jobs in London, and expects to see an exodus of Londoners to these areas in the coming years.

These locations are dramatically cheaper than buying in London. An average home in Birmingham currently costs £156,000, which might soften the blow of a three-hour daily round trip. Buyers would pay £249,000 in Solihull, £229,000 in Leamington Spa, £215,000 in Warwick Parkway, and £178,000 in Banbury. This compares to an average of £333,255 for an average home in suburban London, according to research compiled by Savills.

“London commuters tend to bring new wealth to regional housing markets, though they remain sensitive to the quality of life which an area has to offer,” said Sophie Chick, research analyst at Savills. “As a result the housing markets of Leamington Spa and Solihull are more likely to benefit than, say, central Birmingham.”



  • London’s epidemic of discounting

    A combination of greedy sellers, nervous buyers and unscrupulous estate agents who promise sky-high prices in order to tempt clients, is being blamed for an epidemic of discounting in the London property market, where a third of all homes for sale have had their original asking price slashed.

  • New Homes Awards 2012: the winners

    From classy commuter mansions to city-centre apartments at NEO Bankside and first-time buys to penthouses, this year’s best new homes were awarded for innovative design, eco living and impressive architecture.

  • Only 639 new homes are for sale in Greater London

    The scarcity of land is changing the face of London as offices become homes and commercial centres go residential.

  • The best new homes 2012

    Here we showcase this year's winners of our London Evening Standard New Homes Awards - the capital's property Oscars.

  • Property insider: Islington

    Well-connected Islington is a hotspot for City workers and young professionals who are seeking more space than a Square Mile crash pad without a long commute. We take a property tour of N1 and its surrounding neighbourhoods.

  • Can anything be done when a seller puts the price up?

    We should have exchanged contracts on our new house last Friday, but the seller upped the price on Thursday by £25,000, so it didn’t happen. Also, his sister is living there and can’t move out until July. Can he do this? Does it matter that’s she’s living there?

  • The accidental landlord

    Our accidental landlord doesn't know where to look when she ends up meeting a tenant who is happy to chat in just his boxer shorts.

  • Diary of an estate agent

    A Pangbourne estate agent finds the balancing act of the exchange process pays off if he can duck the crossfire.

  • Secret money-saving tips

    Times are tight but frugal life doesn’t have to be boring. Follow these secret money-savers - from discounts at Starbucks and the cinema, to free kids meals at restaurants.

  • Homes that slash your heating bills by 90 per cent

    The UK’s first “greenhauses” - highly efficient German-designed homes said to slash utility bills by 90 per cent, have been unveiled in west London.


Advertisement

Sign up for our e-newsletter

Sign up for weekly property news, design trends, decorating & gardening tips, offers and giveaways...

Terms & conditions (Usual opt-out rules apply)

Thank you for signing up

We hope you enjoy the H&P weekly e-newsletter,
which will be delivered to your inbox every Wednesday,
starting soon.

Terms & conditions (Usual opt-out rules apply)

Please try again

Sorry, your email address was entered incorrectly. Please click here to try again.

Terms & conditions (Usual opt-out rules apply)




*