Prices of homes in London's outskirts surge ahead of fast rail network

London

HOME prices are surging in London's outer districts as improvements to rail networks and lower prices lure Londoners further out of the expensive city centre.

Home values in West Ealing, where the commute time to London Liverpool Street will fall by half when a Crossrail train station opens in 2019, climbed 29 per cent in the 12 months through February, according to a Bloomberg analysis of preliminary Land Registry data. That compares with a 12 per cent increase for London as a whole, the data showed.