London homes 500 metres from station ‘command £42,700 premium over those 1,500 metres away’

Nationwide survey in London, Manchester and Glasgow shows pandemic trends may be reversing as more people return to office

People buying homes in London 500 metres from a tube or railway station pay 42,700 more than buyers of similar properties 1,500 metres away from transport hubs, according to new data.

The figures indicate that despite the reshaping of the housing market sparked by the coronavirus pandemic and dramatic changes to working patterns, the traditional estate agent mantra of good transport links" continues to wield its power over buyers.