Royal Arsenal in Woolwich, SE16, has seen the largest uplift from regeneration in the capital, with annual house prices surging by 7.6% on top of average growth.
Analysis from CBRE found areas within a 750m radius of major regenerations in London have seen house prices rise by 3.6% above average borough growth between 2013 and 2019.
CBRE analysed the house price growth around 11 different regenerations, excluding the uplift through the regeneration itself.
Berkeley Homes is delivering 5,000 homes at the former military base at Royal Arsenal in Greenwich. The area is also set to benefit from improved connections with Crossrail in 2021.
The 7.6% boost on house prices over the six years comes on top of average growth of 8.4% in Greenwich.
Stratford, east London, saw the second-highest growth, with regeneration adding a 5% boost to borough-wide growth of 8.3%.
This has been driven by projects around the Olympic Park, with more than 5,000 homes planned from the London Legacy Development Corporation and new tech hub at Here East, on top of Crossrail.
CBRE found significant growth in the outer boroughs of Greenwich and Newham compared to modest upticks in central London spots including King’s Cross and South Bank.
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