Transformed from an industrial hub to a residential area popular with young professionals and students, Canada Water is evolving once again. As more families move in, Chris Early, Manager of KFH’s Canada Water branch, takes a closer look at all that SE16 has to offer.
Bricks and mortar
Despite the perception that Canada Water offers only one and two bedroom flats, SE16 has many larger properties – perfect for families who want city living without compromising on space. Moreover, with the average property price currently standing at £444,750,* Canada Water offers excellent value compared with other Zone 2 locations. There is a wide array of property available, including townhouses, large apartment complexes and terraces with gardens. There are also a number of 19th century warehouse conversions.
Some of London’s best performing schools are located here. Of particular note are St Joseph’s Catholic Primary and Albion Primary, both rated Outstanding by Ofsted, and Alfred Salter and St John’s RC Primary rated Good.
Local secondary schools include Bacon’s College and St Michael’s Catholic College, with the latter rated Outstanding.
Canada Water offers excellent transport links into the London Bridge and the City. Located in Zone 2, both the underground and Overground lines have stations in SE16.
There are also two Thames Clipper river taxi services, a cycle route and multiple buses into central London.
As well as attractive stretches of the Thames Path, residents are close to Southwark Park, a Green Flag award winning parks.
Where to go
Surrey Docks Watersports Centre offers kayaking, power boating and windsurfing for thrill seekers, while the Canada Water library has multiple clubs for babies and children to join. Surrey Docks Farm makes for a fun day out and the local School of Dance offers classes from two and a half years up.
Looking to the future
Continuing development in the Canada Water area is a strong indication of future growth. The Decathlon site on Surrey Quays Road is being redeveloped to create new retail and leisure facilities, as well as hundreds of new homes. The Canada Water Masterplan has also earmarked a number of other sites for redevelopment.
As prices have risen in the area by 7% in the last year,* now is the time to start your search.
Read our area guide to find out more about living in Canada Water.
If you are interested in buying or selling contact our local branch.
*Source: Land Registry, March 2016