I Am The Blog

The latest property news from your online estate agent.

Spotlight on Thamesmead

Thamesmead is a town located 9.4 miles from Charring Cross in Central London and has a population of over 31,000 people according to the 2011 census.

The Greater London Council developed Thamesmead to resolve the post war housing crisis mid-1960s to the early 1980s. The area was divided into four sections, of which Thamesmead South was the main housing zone, initially Thamesmead East was designed for industry and commerce. Thamesmead Central offers most of the town’s retail facilities – and the local amenities are supplemented by the nearby Bluewater Shopping centre.

Peabody has big plans for a £1bn regeneration programme for South Thamesmead over the next ten years. This, together with two housing zones which are being led by the London Borough of Bexley and Royal Borough Greenwich, and delivered by Peabody with funding from the Mayor of London’s office, has pushed Thamesmead into the top 50 regeneration projects in the UK.

Thamesmead was named as one of London’s 38 Opportunity Areas, is also among the largest of these sites, covering an area the size of central London. 

Peabody’s 30-year plan is to increase the existing 46,000 population to 100,000, build up to 20,000 new homes and create 20,000 jobs.

So, watch out for Thamesmead on the up and up! Expect to see new developments in the area in the very near future.

Rental amounts for 1 bed properties in Thamesmead start from about £800pcm upwards and on average a 1 bed property in Thamesmead will cost a buyer around £203,268.

There are a few state funded schools in Thamesmead that have been rated as outstanding by Ofsted, these include; Hawksmoor Primary School, Bannockburn Primary School and Castilion Primary School.

The Link Thamesmead is a community and youth centre located on Belvedere Road which offers social opportunities to young people aged 11-20 years old. The centre offers a variety of activities including indoor climbing, high and low ropes courses, film nights, tap dancing lessons etc.

Thamesmead has a couple of nature reserves for outdoor activities. Tump 21 should be opening any time soon and Crossness Nature Reserve, covering 50 hectares, incorporates some of the last remaining grazing marshes in Greater London. It's wetlands are perfect for birdwatching.

The local authorities are Greenwich council and Bexley Councilhttps://www.bexley.gov.uk/  and the council tax bands for 2017-18 range from are £1,016.13 (band A) to £3,048.38 (band H).

I Am The Agent, the UK's first online estate agent, is currently marketing a 1 bedroom property in the town of Thamesmead for £875pcm.

 

Copy courtesy of @homesandproperty @wikipedia @peabody @ThamesmeadLDN

Images courtesy of Proctor and Matthews Architects and Mecanoo and Zoopla

Comments are closed