Have u heard of a new train station in Gravesend, Kent?

Question

Train to central London, Kingscross that takes you there in 15 mins. If that is really true and start to operate 2007, do you think properties will rise in price? And if so how much?

Answer 1

I found the following information on a Property Investment webpage:

Property Investment Special Report: Stratford, Gravesend, Folkestone, Dover

If you are looking for a near certain capital value gain, then you had better read this section. I am absolutely convinced the prices in these towns will rise. The reason: the new channel tunnel rail link to St Pancras that opens in 2007.

Before last year, you would be lucky to get from Folkestone to London in 70 minutes – since October last year, the travel distance from Fawkham Junction south of Gravesend to Folkestone was reduced to 15 minutes. When the rest of the track is finished in 2007 it will be possible to commute from St Pancras to Folkestone in 35 minutes.

The price of property is likely to rise strongly leading up to this time, and further for a few years after. Prices have already jumped recently in Folkestone and Ashtead as people have woken up to the opportunity to commute to London. Dover has been forgotten about, despite the fact it is only a 5-minute drive to the station along the A2 – historic Georgian terrace houses can be bought for 80,000-100,000 pounds.

Answer 2

Whilst "Ebbsfleet International" is due to open in November this year, along with the rest of Phase 2 of the Channel Tunnel Rail Link (or "High Speed 1" as they're calling it now), domestic services aren't scheduled to start using it until 2009.

Until that time, the only trains serving the International station will be Eurostar services, which domestic passengers won't be allowed to board.

Answer 3

yes they would and it would rise up there to a lotta money

Answer 4

It's at Ebbsfleet near Gravesend.  It's been coming for a long time so property prices probably already take it into account.