Heathrow Runway Sparks Surge in West London Homes for Sale

Rachel Reeves talked about a third Heathrow runway. This happened two weeks ago. After that, Hillingdon had more homes for sale. The increase was nineteen percent. That’s compared to the prior two weeks.

Benham and Reeves did some research. They saw more homes appearing for sale. Marc von Grundherr works there. He said the runway helps London’s growth, but Hillingdon homeowners may face problems. They could see disruption and more noise.

Heathrow will share runway plans this summer. Before the news, Hillingdon was 20th for new listings, based on total homes for sale. Now, Hillingdon is 14th in that ranking.

Rachel Reeves spoke on January 29th. She shared growth plans at Siemens. One plan includes a third runway at Heathrow. Summer will bring proposals for this expansion. Locals have worried about this news.

Benham and Reeves think people want to leave. New listings rose after the runway talk; they rose sharply from the prior two weeks.

Hillingdon’s increase is ninth largest in London. London’s average increase was much less, just two percent. Von Grundherr said Hillingdon saw a surge in sellers. The runway pushed them to sell sooner; they may fear lower home values later.