CBRE Borough Guide: Camden
Camden is hugely popular with students, and not just as a place to go out. 22,000 students live in Camden; the highest number in any one borough, which is perhaps unsurprising given that University College London, the UK’s 4th best university, is located here. Despite having a high share of students, it is a diverse borough attracting families and downsizers as well. Hampstead Manor is being developed by Mount Anvil with this diversity in mind.Camden will also benefit significantly from the opening of the Tottenham Court Road Elizabeth line (Crossrail) station in 2018. The associated £1 billion investment programme is the biggest transport investment in the West End for decades. It constitutes the most extensive over-site development across the entire Crossrail network and includes 500,000 sq ft of prime retail development.
The pinnacle of this regeneration is the redevelopment of Centre Point. This iconic 1960s tower has been restored into 82 new luxury apartments. Our research indicates that the properties surrounding the new Elizabeth line station will increase in value by 3.8% per annum above wider house price growth
Good to know:
- The redevelopment of Kings Cross, which began in 2008, continues to transform and rejuvenate the area. The regeneration covers 67 acres and will deliver 50 new buildings, 1,900 homes, 3.4 million sqft of office space and 26 acres of public open space.
- Camden is the most creative borough according to CBRE’s creative London ranking, with 42,000 people employed in the sector (11% of the borough’s workforce).
- Euston Station will be the London terminus of the new High Speed Two (HS2) rail line. This is the catalyst for the wide scale regeneration of the station and its surrounding area.