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Evening Standard
Evening Standard
Emma Magnus

The Elizabeth Line: room rents up by almost 40 per cent in three years since launch

The Elizabeth Line opened on 24 May 2022 - (Shutterstock / Alexey Fedorenko)

This week, the Elizabeth Line turns three. The ambitious 73-mile railway, which runs from Reading to Shenfield and Abbey Wood, opened on 24 May 2022, with full services introduced in May 2023.

At the time, it was hailed as a “landmark moment for our capital and our whole country” by London Mayor Sadiq Khan. Property prices had long been impacted by what is known as ‘the Crossrail effect’ as buyers saught to find homes in areas that would become far better connected with the introduction of the network.

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