Canning Town is less than two miles from Canary Wharf and is fast-becoming the destination of choice for city professionals additional resources. The introduction of Crossrail at Custom House reinforces its reputation as one of East London’s commuter hotspots.
The opening of the Excel Exhibition Centre in 2000 placed Canning Town on the property map, and then again during Stratford’s hosting of the London 2012 Olympics. Since then, the area the rising residential district and regeneration zone of the east, catching the eye of both investors and homeowners looking for their next London property purchase.
The introduction of Crossrail at Custom House will only strengthen the area’s reputation and appeal as a commuter hotspot, being just two stops away from Canning Town on the DLR.
Crossrail will bring direct links with Heathrow Airport in just 45 minutes, compared to its current journey time which can take up to an hour and 30 minutes. Journeys to Liverpool Street will drop to a speedy 10 minutes instead of the current 25 minutes.
Transport for London recently rezoned eight stations in East London. Canning Town, Stratford and some of the surrounding stations were resoned from Zone 3 to Zone 2/3. The zone change aims to make journeys across London cheaper, as well as contributing to the area’s infrastructural and reputational changes.
Passengers traveling from the rezoned stations would save approximately £20 per month, whilst annual pass holders would see savings of up to £224, benefiting up to 100,000 people a week, according to Mayor Boris Johnson.
With its regenerative plans already underway, Canning Town will see further economic growth and residential appeal as East London’s commuter hotspot.
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