Elizabeth Line Boom Fails to Reach Local Stations

Study shows rents around West Ealing declined since opening

A train passing through West Ealing station. Picture: Facebook

November 13, 2025

New research into rental trends along the Elizabeth line has suggested that the expected sharp increase in rents around stations in Ealing might not have materialised since the service was fully operational.

According to data from Benham and Reeves, average rents near Elizabeth line stations have risen 13.3% since the line’s full opening in May 2023—outpacing the wider London average of 10.1%.

The area around West Ealing station stands out as one of only two locations along the entire route, and the only one in London, to record a fall in average monthly rents, slipping marginally by 0.2% to £2,103. Meanwhile, properties around Ealing Broadway saw just a 1.9% increase to £2,236, making it the second weakest performer across the Elizabeth line network in the capital.

In contrast, other parts of the borough have seen more robust growth. Around Hanwell station rents rose by 7.2% to £1,982, while Southall and Acton Main Line surged past the London average. Acton Mainline saw a 15.3% increase to £2,245, and Southall climbed 14.1% to £2,103, effectively closing the affordability gap that once made it a lower-cost alternative within the borough.

By contrast, properties in the vicinity of Paddington saw rents soar by 30.7% to £5,359, and Iver in Buckinghamshire—just outside the capital—recorded the highest increase of all, with rents up 40.9%.

The survey offers no indication as to why rents have apparently not risen around the two Ealing stations although it is possible that rents surged prior to the opening of the line and now are facing saturation or affordability ceilings.

Commenting on the figures, a local estate agent said, "My view on this is that the Elizabeth line was more transformative for Acton in terms of quality of public transport than it was for other parts of the borough, particularly Ealing Broadway which was already exceptionally well served.”

Marc von Grundherr, Director of Benham and Reeves, said, “The Elizabeth line has completely reshaped rental demand across large parts of London and the South East, connecting tenants to central London far faster and more conveniently than ever before.

“As a result, rental growth along the route has far exceeded the wider London average since the line launched which is saying something in a rental market as widely competitive as the capital.”