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1 v CONTENT GROWTH IN GREENWICH 5 CROSSRAIL’S BIGGEST WINNER 6 INVESTMENT CASE 9 LOCATION 14 INTRODUCING: WELLINGTON QUARTER 17 CGIS 18 DEVELOPER DETAILS 22 SPECIFICATIONS 24 3 GROWTH IN GREENWICH 14% 39% 35% Population growth between Projected house price growth Projected rental price growth 2016-2026 near Woolwich Crossrail station near Woolwich Crossrail station (2016-2020) (2016-2020) 97,000 50% 5% Working population Increase in new businesses Deficit in the minimum number forecast by 2041 between 2009-2015 of homes required to meet demand for the next ten years 5 CROSSRAIL’S BIGGEST WINNER Shenfield Brentwood Harold Shenfield Demand for housing in Woolwich is rising, due to its Wood affordability and the historic levels of regeneration BRENTWOOD REDBRIDGE Brentwood investment underway. Romford Chadwell Gidea Heath Seven Park Harold The arrival of Crossrail in 2018 will reduce journey Kings Wood Ilford Goodmayes times to Central London from 34 minutes to ISLINGTON Forest BRENTWOOD Gate REDBRIDGE 14 minutes. Out of all 40 Crossrail stations, Woolwich Maryland HAVERING CAMDEN Romford Manor Park Chadwell Gidea tops JLL’s list of house price growth projections. Seven Heath Park Stratford KingsBARKING & HILLINGON EALING Luton TOWER Ilford DAGENHAM Taplow Burnham Gatwick HAMLETS Goodmayes Maidenhead ISLINGTON Forest WESTMINSTER Farringdon Whitechapel Ealing Bond GateNEWHAM HAVERING West Broadway KENSINGTON & Street Maryland Drayton Hanwell CHELSEA CAMDEN Langley Iver CITY OF Manor Park Hayes & HAMMERSMITH & LONDON SLOUGH Southall FULHAM Liverpool Harlington Action Tottenham West Street Stratford BARKING & Slough HILLINGON Main Line Paddington Court Road Ealing Luton TOWER Custom DAGENHAM Taplow Burnham EALING Canary Gatwick Stansted HAMLETSWharf House Maidenhead Southead WESTMINSTER Farringdon Whitechapel Ealing Bond NEWHAM Abbey Wood West Broadway KENSINGTON & Street Drayton Hanwell CHELSEA Langley Iver CITY OF Hayes & HAMMERSMITH & LONDON SLOUGH Southall FULHAM Liverpool Harlington Action Tottenham Woolwich WINDSOR & MAIDENHEAD West Street Slough Main Line Paddington Court Road Ealing T1, 2, 3 Canary Custom Stansted Wharf House Heathrow Southead Metropolitan T4 Abbey Wood Circle Woolwich Hammersmith WINDSOR & MAIDENHEAD & City T1, 2, 3 Bakerloo Heathrow District T4 Piccadilly Central Jubilee DLR Overground Metropolitan AVERAGE PRICE GROWTH FORECAST Circle Hammersmith & City Bakerloo 10 10 10 District 9 9 9 Piccadilly 8 8 8 CentralMetropolitan Jubilee Circle 7 7 7 DLR Hammersmith 6 6 6 Overground& City 5 5 5 Bakerloo District % change PA 4 % change PA 4 % change PA 4 Piccadilly 3 3 3 Central 2 2 2 Jubilee 1 1 1 DLR 1 1 1 7 7 7 2 2 2 5 5 5 3 3 3 8 8 8 9 6 9 6 9 6 4 4 4 11 11 11 17 21 21 21 17 17 12 12 12 15 15 15 13 13 13 31 31 31 18 18 18 19 16 19 16 19 16 14 14 14 10 10 10 27 27 27 37 37 37 22 22 22 25 25 25 23 32 23 32 23 32 35 35 35 28 33 33 33 24 24 24 28 28 26 26 26 29 29 29 38 38 38 36 36 36 34 34 34 20 20 20 30 Overground 0 0 0 30 30 Iver Iver Iver Ilford Ilford Ilford Action Action Action Slough Slough Slough Taplow Taplow Taplow Hanwell Hanwell Hanwell Langley Langley Langley Southall Southall Southall Twyford Twyford Twyford Reading Reading Reading Romford Romford Romford Stratford Stratford Stratford Burnham Burnham Burnham Maryland Maryland Maryland Shenfield Shenfield Shenfield Woolwich Woolwich Woolwich Gidea Park Gidea Park Gidea Park Farringdon Farringdon Farringdon Brentwood Brentwood Brentwood Manor Park Manor Park Manor Park Paddington Paddington Paddington Forest Gate Forest Gate Forest Gate Forest West Ealing West West Ealing West Ealing West Goodmayes Goodmayes Goodmayes Bond Street Bond Street Bond Street Maidenhead Maidenhead Maidenhead Seven Kings Seven Kings Seven Seven Kings Seven Whitechapel Whitechapel Whitechapel Abbey Wood Abbey Abbey Wood Abbey Wood Abbey Harold Wood Harold Wood Harold Harold Wood Harold West Drayton West Drayton West West Drayton West Canary Wharf Canary Wharf Canary Wharf Custom House Custom House Custom Custom House Custom Liverpool Street Liverpool Street Liverpool Street Liverpool Chadwell Health Chadwell Health Chadwell Health Chadwell Ealing Broadway Ealing Broadway Ealing Broadway Hayes & Harlington Hayes & Harlington Hayes & Harlington Hayes Outer WesternOuterInner WesternOuter Western WesternInnerCentral WesternInner WesternSouthCentral EasternCentralSouthInner EasternSouth North Eastern EasternInner NorthInnerOuter Eastern North North Eastern EasternOuter NorthOuter Eastern North Eastern Road Court Tottenham Road Court Tottenham Road Court Tottenham 7 INVESTMENT CASE SUPPLY The Mayor’s London Plan is targeting to build a minimum of 26,850 new homes in Greenwich over the next ten years to keep up with employment and economic growth. For years now, housing supply in London has struggled to keep up with demand. Over 42,000 new homes are required per annum for the next two decades and this target is not being met. The imbalance is most severe in areas that offer the most value, like Woolwich. DEMAND By 2041, Woolwich Common is projected to see 48% population growth from 2011’s figures, while Woolwich Riverside’s regeneration is driving a population boom of 123%. This forms a combined average growth of 87% for the two wards in which the project lies. In the context of the entire borough, Greenwich’s population will rise 1.7% higher than the London-wide average over the same 30- year period. 9 INVESTMENT CASE RENTAL MARKET By 2025, it is estimated that 60% of London’s population will be living in rented accommodation. In Woolwich, rental demand will be even higher at over 70%. Out of all future Crossrail stations, Woolwich is expected to see the second-highest average rental growth at 35% between 2016 to 2020. GBP 11 INVESTMENT CASE SALES MARKET By 2015, average house prices around Woolwich’s Crossrail station had already risen by 31% since Crossrail’s announcement. House prices have increased 13% year-on-year to March 2017 alone. Property prices in Woolwich are set to rise 39% from 2016-2020 – the highest increase forecast out of all 40 Crossrail stations. AVERAGE HOUSE PRICES 2006 - 20016 GBP 13 WOOLWICH FERRY SERVICE Woolwich South Pier Woolwich Arsenal Pier Thames Path Thames Path LOCATION MAP A2204 Thames Path 8 Harlinger St Greenwich Harlinger St Heritage Centre 7 Waterfront Ruston Rd Clockhouse Glass Yard Leisure Centre 10 Community Centres 5 Spindle Cl Spindle Cl SHOPPING Way A206 A206 A206 Warren Ln 11 A206 Hare St Cashmore A206 Venus Rd Saint Mary's Gardens Duke of Wellington Ave 1 The Woolwich Centre Europe Rd New Wine Church Maud No 1 St Brewers Church Hill Decorator Centres Church Hill Royal Arsenal Powis 12St Myrlle Alley The Cornerstone 2 Greenwich Town Hall A206 Farmers Market Leda Rd Cafe - Royal Arsenal Boneta Rd Euro Car Parts S Circular Rd Kingsman St Woolwich Greenlaw St Creton St Sunbury St Woolwich Country 3 Woolwich Magistrates Court St. Mary’s Greenlaw St Powis St Lidl Frances St Court & Family Court Dial Arch A206 Gardens Macbean St A206 TK Maxx 6 Tesco London 4 Sainsbury’s 9 A206 Woolwich Express Flood Passage Lord Warwick St Clarks Shoes - Factory Shop Pett St St Mary St Argos Arsenal Way Sunbury St 5 The Royal Artillery Museum The Works Woolwich No 1 St Tivoli Gardens Rectory Pl Marshalls Grove S Circular Rd Lamport Cl 2 Clara Pl McDonald’s WOOLWICH A206 Naval House Woodhill Prospect Vale Marybank Monk St Nando’s - Woolwich 6 Powis Street Shopping Area DOCKYARD Kingsman St St Mary St Lloyds Beresford Sainsbury’s 4 Bank Square 7 Waterfront Leisure Centre Carr Grove Kingsman St Belson Rd Monk St Belson Rd Parry Pl Calderwood St Samuel Close Castile Rd Halifax Tasty African Food Frances St 8 Greenwich Heritage Centre Woolwich New Rd Cardwell Primary School 3 Charles Grinling Walk Thomas St Samuel St ROYAL ARSENAL Prospect Vale WOOLWICH Gorman Rd Bathway Spray St 9 Clarks Shoes - Factory Shop Borgard Rd Calderwood St 4 Greens End Polytechnic St Thomas St General Willow Ln Gordon WOOLWICH ARSENAL Rectory Pl Square Frances St Wellington St Market St 2 Whitby Rd Marine Dr 1 Samuel St S Circular Rd Greenwich & Lewisham Vincent Rd COMMUNITY Mulgrave Rd Love Ln Wilmount St John Wilson St Love Ln Young People’s Theatre Woodhill School, Red Barracks Rd Royal Borough Woolwich, London Mulgrave Rd Godfrey Hill of Greenwich Tesco 10 YMCA Thames Gateway Woolwich Woodrow Rectory Pl Wellington St Love Ln Extra Woodhill Godfrey Rd Helen St Wilmount St 3 Woolwich New Rd Sandham Point 11 CFT Cathedral (Ebenezer Building) Frances St Dairy Ln Woolwich Rideout St Mulgrave Pond Woolwich Greenwich Council Anglesea Ave Evangelical Church Arsenal Woolwich County Court & Woodville St Early Years Anglesea Rd Ashlar Pl 12 Maryon Grove Belford Grove St Peter the Family Court Maryon Rd Apostle RC Church Rushgrove St Wellington St WJ King Vauxhall Masons Hill S Circular Rd Ogilby St Frances St Sandy Hill Ln Mini Market Woodhill B210 B210 Anglesea Rd SCHOOL Gardens Abbey Autos Centre B210 Hillreach Grand Depot Rd 1 Kidd Pl Pellipar Londis Crescent Rd 1 St Peters Primary School Woolwich New Rd The Kings Troop Conduit Rd St Mary Magdalene C Of E Greenhill Terrace Royal Horse Artillery 2 Hillreach Primary School Sandpit Pl 3 Mulgrave Primary School Crescent Rd Brookhill Rd Erwood Rd Heathwood Gardens Christ College London, Repository Rd Boyard Rd 4 Woolwich Bloomfield Rd Hillreach Frederick Pl Sandy Hill Ln The Royal Garrison Church of Saint George S Circular Rd Burrage Pl TRAVEL TIMES Barrack Field Woolwich New Rd Green Hill Brookhill Cl Hillreach Greenwich Town Hall Green Hill Willenhall Rd Tesco Woolwich Extra Woolwich Foot Tunnel Park Dr Woolwich Arsenal Station Royal Arsenal Woolwich Station Woolwich Ferry Pier The Woolwich Centre (National Rail & DLR) (from 2018) Repository Rd Rd Hill Sandy Brookhill Rd Brookhill 1 MIN 4 MIN 7 MIN 11 MIN Elmdene Rd Elmdene Bloonfield Rd S Circular Rd Nightingale Pl 8 MIN 14 MIN 22 MIN 50 MIN Canary Wharf Station Liverpool St Station Bond St Station Heathrow Airport Station 15 Computer generated images are intended for illustrative purposes only Bordering Woolwich Riverside and Woolwich Common, Wellington Quarter offers the best of both worlds.
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