Lewisham Area Guide
A Borough with a bright future
Lewisham has experienced a lot of change in recent times with major developments creating a vibrant and contemporary are to live in.
Contemporary developments are popping up around the borough including the Renaissance in SE13. In the heart of Lewisham, it features 788 apartments, a state-of-the-art leisure centre, 24-hour concierge, landscaped communal gardens and residents' roof terrace with fantastic London views.
The Lewisham Gateway development is also fully underway, including the reconfiguring of the Loampit Vale roundabout as well as creating new homes, retail and business space. Whilst Lewisham currently benefits from being on the DLR, there is also support from Transport for London to extend the Bakerloo line to Lewisham, giving access to the London Underground network. This could mean trains from Lewisham to Oxford Circus in only 30 minutes!
For the foodies out there, London Union, the people behind the hugely successful Lewisham Model Market, are bringing another project to Lewisham. Street Feast traders Breddos Tacos will bring its first permanent site to Lewisham called Pocho. This follows news that Polpo are also bringing a new pizza concept to the area.
What you can get for your money when buying in Lewisham
As people move out of zones 1-2 to search for more space and better value for money, property values in Lewisham are set to increase.
Michael Lee, Lewisham local director, says, ‘Lewisham benefits from having numerous types of property within the Borough. Lewisham's Conservation Areas are home to Victorian and Edwardian properties while there are also many modern new build apartments around the train station.’
Apartments in the Borough average around £322,000 while detached properties average around £835,000. Further afield in the Catford area, families looking for a detached property should expect to pay from £497,000.
Across the city the average sale price of a house is now £171,447, representing a rise of 5% during the last year.
What can you get for your money when renting in Lewisham?
William Hume, our Lettings Negotiator states, ‘Due to good business and transport links in Lewisham there is a strong private rental sector with rental prices starting from £850pcm, for this you can expect to get a good sized 1-bedroom apartment.For families looking for a larger space, a 3-bedroom property will cost around £1800pcm.’
Some of the most sought after properties are the 2 and 3 bedroom houses, with demand outstripping supply, making Lewisham a strong proposal for any property investor.
Getting to and from Lewisham
Many residents of Lewisham commute into Central London and the City to work. Lewisham railway station is located minutes from the city center and commuters can be in Central London within 20 minutes.
Commuters looking to head into the City and Canary Wharf can travel directly on the DLR which starts at Lewisham and depart every 4 minutes.
Buses run frequently around the various residential areas of Lewisham, providing readily accessible transport for the Borough’s residents.
10 Interesting facts about the London Borough of Lewisham
- Lewisham is the 13th largest borough in London, by population and the fifth largest in inner London, with a population of around 292,000. This is estimated to rise to over 318,000 by 2021. The borough is 13.4 square miles and is one of the greenest parts of south east London. Over a fifth of the borough is parkland or open space.
- Lewisham not only has a Mayor but also a Young Mayor. Voted for through schools and colleges, the Young Mayor is a spokesperson for the borough's young people, works with the Mayor on issues relating to young people and has a budget of around £30,000 per year!
- The Catford Cat is a giant fibreglass sculpture that sits above the entrance to the Catford Centre.
- St Paul's Church in Deptford was designed by Thomas Archer and was opened in 1730. The church is said to be one of the finest examples of a Baroque building in London.
- Blackheath has plenty of green areas and restaurants. It's a great place to go in November to watch their dazzling free firework display.
- The Rivoli Ballroom in Brockley is a grade ll listed building and is one of the few remaining ballrooms in the capital. Some Strictly Come Dancing programs have been filmed at the Rivoli.
- The Horniman Museum in Forest Hill was started by Frederick Horniman, a wealthy Victorian tea trader as a private hobby and is a fantastic collection of natural history, antiquities, musical instruments and much more and is a great place to visit.
- The lovely Grade ll listed Georgian Manor House Library is set in a beautiful park in Lee.
- New Cross is home to the well-known Goldsmiths College which was founded in 1891 in the former Royal Naval School in New Cross. Goldsmiths is today part of the University of London.
- Mayow Park, in Sydenham was opened in 1878 and is the borough's oldest park and home to the Mayow Park Bowls Club.