CBRE Borough Guide: Redbridge
Redbridge is home to a young and well-educated population, and at 50% it boasts the highest proportion of millennials in London. The borough is also forecast to experience one of the highest rates of population growth over the next decade, which will be boosted by the arrival of the Elizabeth line (Crossrail). There will be four stations for the new line across the south of the borough at Ilford, Seven Kings, Goodmayes and Chadwell Heath.
As a result population growth in the south of Redbridge is expected to be particularly rapid. As such, the council has set out a plan to maximise the benefits of the Elizabeth line through development and regeneration across the new corridor it has created. Several other keys areas across the borough have also been earmarked for investment including Gants Hill, Barkingside and South Woodford.
Good to know:
- The name ‘Redbridge’ is from a red brick bridge across the River Roding. The borough was named after this former landmark when it was created in 1965 from the municipal boroughs of Ilford and Wanstead and Woodford.
- Redbridge has 14 conservation areas, parks and woodland areas.
- Millennials make up around 50% of the population of Redbrigde.