Goodmayes among best places to buy in 2020: get in before Crossrail starts as house prices rise 40 per cent in five years
Nobody could claim it is a chichi urban village, but this multicultural neighbourhood has both transport improvements and big investment on the horizon, making it one to watch.
It’s already a good option for people working in the City because of its 23-minute rail links to Liverpool Street, with the annual cost for a season ticket £1,400.
Goodmayes Primary School and Mayespark Primary School are rated “good” by Ofsted. For seniors the closest option is Chadwell Heath Academy, which has an “outstanding” Ofsted report and excellent GCSE results, even though half its pupils don’t have English as their first language.
Why Goodmayes is tipped as one to watch in 2020
Goodmayes will be on the Crossrail line, with direct services to the West End and west London on the cards in 2021.
Weston Homes is planning a major development of almost 1,300 new homes on a site currently occupied by a Tesco superstore, of which a third will be affordable and aimed at first-time buyers. There will also be a new primary school, shops and cafes, and landscaped grounds. A decision on the planning application is expected this year and could be a game changer for the area.
Pros: lots of bang for your property buck. Goodmayes Park has got a lake, basketball and tennis courts.
Cons: there’s nothing really wrong with it, but Goodmayes lacks a heart: traffic-clogged Goodmayes Road, while perfectly serviceable as an everyday high street, doesn’t provide one.
Average house prices in Goodmayes — and what there is to buy
Average prices in RM6 stand at £364,000, up from £263,000 five years ago – an increase of almost 40 per cent.
As yet there aren’t many flats in the area but it is a good hunting ground for houses. A four-bedroom terrace house would cost anywhere between £650,000 to £800,000.
A three-bedroom Thirties semi would cost around £400,000 to 450,000.