9
Mar
Thames view property 'holds value better'
Property overlooking the river Thames in London may hold its value
better than homes elsewhere, an expert has suggested.
Director of riverside real estate website London River Properties
Tania Wade said such homes hold a lot of appeal because they can
offer a "view and vision of space over the water which is so often
hard to find in the centre of a bustling metropolis".
Such properties also have "calming" attributes because of the
presence of water, while many of them offer "innovative and
exciting" architectural features, having been converted into living
space from other purposes.
She suggested the "limited" amount of land in the capital with a
river view, combined with increasing demand for these homes, could
help such residences to retain their value better than other
properties.
According to the latest Land Registry figures, the average London
house price fell by 0.1 per cent in January to £306,183.
