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Regeneration




            Examples of retail and transport driven regeneration




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            King’s Cross– The re-imagined concourse at King’s   Southwark - Southwark saw the opening of a new   Stratford – In 2016, Stratford stations were rezoned
            Cross opened in 2013. House prices in the area a year   tube station as part of the 1999 Jubilee Line   from Zone 3 to Zone 2. A year after, prices had risen
            after outperformed the regional average by 2.8   extension. As a direct result, local house prices rose   by 15%, a seven-percentage point outperformance
            percentage points. Five years after the gap had   29% in the year post completion. This was 10   over London growth. Five years later, Stratford house
            increased further; King’s Cross house prices had   percentage points higher than London where house   prices had risen by 40% compared to 21% London
            increased by 37%.                                prices rose by 19%. Five years later Southwark house   wide. Stratford saw the opening of the largest
                                                             prices had increased by 92%.                shopping centre in Europe in 2011. Five years post
                                                                                                         completion house prices had increased by 60%, close
                                                                                                         to 20 percentage points higher than London house
                                                                                                         prices at 41%.
            +15% five-year outperformance

                                                           +5% five-year outperformance
                                                                                                         +20% five-year outperformance



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