Train disruption is dragging down south-east housing markets


Strikes and delays affecting passengers of troubled train operator Southern Rail have dampened house prices along the route, as well as sales activity.

The disputes that have dragged on for around 18 months, affecting as many as 300,000 passengers using Southern Rail services, were resolved by the ASLEF union last month as drivers were awarded a 28.5% pay rise over the next five years.

However, according to Zoopla data, which was analysed by HouseSimple, the local housing markets have suffered. The research showed that the average property prices on three of the main rail routes had only seen growth of 2.2% over the past 12 months, compared to the local average rise of 4.6%.

Over the past three months, the price rise within the train operator’s network had contracted to just 0.75%, compared to the national average of 2.4%.

Double whammy for locals

Sales activity has also suffered along the train routes, with sales number down 21.2% compared to the average yearly rate over the last five years.

This month also saw more bad news for some passengers commuting to London using the operator, after it was revealed that sister franchise Thameslink was going to take over some of the journeys, leading to a 12% jump in fares for some commuters who buy a season ticket.

Stephen Trigg, RRDRUA (Reigate and Redhill District Rail Users Association) chairman, said: “It’s extraordinarily outrageous and is going to leave thousands of commuters out of pocket, when they already suffer the unfair Redhill pricing hump.”

Some areas along the Southern Rail train lines had sidestepped the downturn, though, according to figures, with Hove maintaining an 8.2% annual house price growth, and Redhill seeing a 4.7% annual rise, both above the national average.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free


Train disruption is dragging down south-east housing markets


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.