GUIDE TO HOUSES IN CANARY WHARF
Canary Wharf is London’s second largest financial district after the City. Following its construction on a derelict site opposite Greenwich, to the north of the Thames, in the 1980s, the area has quickly grown to become a central hub for insurance and law firms. Over time, residential neighbourhoods and regeneration activity in the wider Canary Wharf area encompasses the Isle of Dogs to the south and Limehouse to the West; the area today boasts some of London’s tallest skyscrapers, with more planned.
Canary Wharf’s popularity stems from its excellent transport links into Central London. Bond Street, can be accessed within 17 minutes on the Jubilee Line, while Tower Hill/the City is just 15 minutes away on the DLR. With a dedicated Cross Rail station, the retail element of which opened in 2015 (Cross Rail Place), journey times to the West End are set to be reduced to just 7 minutes, which is likely to further enhance the draw of this vibrant modern part of London.
Canary Wharf itself is centred around One Canada Square, which was Europe’s tallest building until 2010, when it was overtaken by the Shard. Canary Wharf is also home to outstanding modern green spaces, the most recent of which is the rooftop garden at Cross Rail Place, which sits on top of the new Cross Rail station. In addition, its extensive network of underground shopping malls now means it can boast London’s third largest retail mall, aside from the two Westfield malls in Stratford and White City.
Unsurprisingly, the ongoing development and emergence of Canary Wharf has helped to boost tenant and buyer demand, both of which are at record highs as young professionals and families home in on the area, drawn by the contemporary lifestyle on offer.
HOUSING IN CANARY WHARF
Within the Canary Wharf Estate and its immediate surroundings, there are no houses; however, there are a few rows of houses on the Isle of Dogs that survived the London Blitz, but these are further away from central Canary Wharf.
Canary Wharf itself is not yet home to any residential developments, however this will change once the new residential schemes planned in Wood Wharf, Canary Wharf estate’s eastward expansion, comes online in 2023. Wood Wharf will add over 3,200 new homes to Canary Wharf, in addition to two million sq ft of commercial office space and a further 335,000 sq ft of retail and outdoor community areas.
Residential development in and around Canary Wharf usually takes the form of skyscrapers, while more low rise buildings can range from upwards of eight to ten stories. The majority of units here are modern and finished to a high international specification.
MY CANARY WHARF
Canary Wharf in many ways is the face of 21st century London. The sleek glass towers that dominate the East London skyline are unique in the UK and the Mayor of London has already granted consent for the wider area to house the largest concentration of skyscrapers in London, which is paving the way for the emergence of a very distinctive and sought after skyline and associated modern lifestyle at the edge of Zone 2. In fact, Spire London, being built by one of China’s largest property developers, will top out at 235m, matching the height of One Canada Square and assuming the title of London’s tallest residential building at 67 levels, when it completes in 2020.
The rapidly expanding shopping mall network underneath Canary Wharf has positioned it as London’s third largest shopping mall. With a growing surrounding residential population, the area is vibrant and bustling, both in the evenings and at weekends as the diverse range of shops and cafes, ranging from Godiva, Byron, Oliver Bonas, Le Relais de Venise, The Big Easy and Carluccio’s, are a big draw for residents of the area.
PROPERTY MARKET TRENDS
|Property||Sale £,000||Rent £pw|
|1 bed river side||600,000||450|
|1 bed not river side||475,000||375|
|2 bed river side||1,200,000||900|
|2 bed not river side||675,000||438|
- Tube: Canary Wharf has its own tube station on the Jubilee Line and is also served by Heron Quays, West India Quay and Canary Wharf DLR stations
- Bus: Routes 135, D7, D3, D8 and night bus N550
- Road: Upper Bank Street, A13, Lower Bank Street, Westferry Road
- Airport: DLR connections to London City Airport
|Cyril Jackson Primary School||51 Three Colt Street, E14 8HH||+44 (0) 20 7987 3737||Outstanding|
|Our Lady and St Joseph Catholic Primary School||Wades Place, Poplar, E14 0DE||+44 (0) 20 3764 8860||N/A - Private school|
|River House Montessori School||Unit C Great Eastern Enterprise Centre, E14 9XP||+44 (0) 20 7538 9886||Good|
|City Gateway 14-19 Provision||32 Mastmaker Court, E14 9UB||+44 (0) 20 3727 6309||N/A - Private school|
Canary Wharf has no natural parks, but it does contain three modern and contemporary gardens and outdoor spaces: Jubilee Park, which sits on top of Canary Wharf tube station, Canada Square Park, which sits in the shadow of One Canada Square and the rooftop gardens on top of Cross Rail Place, Canary Wharf’s dedicated Cross Rail stop.
|Ice Rink Canary Wharf||Friday 4 November 2016 – Saturday 25 February 2017|
|Carol and Candle Service||13 December 2016|
|Spiegeltent||22 September - 2 October 2016|
|Bloom||May - December 2016|
|Christmas market||November - December|
|Good Food Market||May-September|
|Billingsgate Fish Market||All year round|
|Bupa Health and Dental Centre||14 Columbus Courtyard, E14 4DA||+44 (0) 20 3627 6298|
|Blossoms Healthcare||2 Upper Bank Street, E14 5EE||+44 (0) 20 7489 1136|