Newspaper article The Evening Standard (London, England)

Bank on a River View; Seven Bridges across the Thames Have Been Given Listed Status, Making the Demand for Property on Both Banks Even Greater from [Pounds Sterling]829,950: Flats at Battersea Reach Tower, and at Nearby Ensign House, [Pounds Sterling]339,950. Call 020 7978 4141

Newspaper article The Evening Standard (London, England)

Bank on a River View; Seven Bridges across the Thames Have Been Given Listed Status, Making the Demand for Property on Both Banks Even Greater from [Pounds Sterling]829,950: Flats at Battersea Reach Tower, and at Nearby Ensign House, [Pounds Sterling]339,950. Call 020 7978 4141

Article excerpt

Byline: David Spittles

EVEN London bridges were officially given listed status before Christmas.

This comes as welcome news for owners of flats alongside the central London section of the Thames. The bridges are Lambeth, Vauxhall, Chelsea, Hammersmith and Twickenham. Battersea and Richmond railway bridges were also listed.

Culture secretary Andy Burnham says the aim is to protect them against unsympathetic development.

As a result, surrounding properties will always have their landmark view and are less likely to be blighted by poorly designed new buildings.

"Listing can only enhance the desirability of riverside properties," says Sarah Haslam of estate agent Knight Frank, adding that Vauxhall is the cheapest of the seven locations, averaging [pounds sterling]424,256 for a riverside property, compared with [pounds sterling]728,911 on the Battersea waterfront.

Before the credit crunch, developers scrambled for sites along the Thames. Moreover, planners often encouraged so-called "iconic" architecture that was not universally acclaimed. Today, more people live alongside the central stretch of the

Thames in London from Wandsworth to Woolwich than at any time in the capital's history.

The riverside development boom of the past decade has changed London's traditional northsouth divide. Many more new homes have been built on the south side historically seen as the poor relation and in some cases values on the south bank have nudged ahead, at Battersea, for example. The most sought-after schemes are on the south side between Albert Bridge and Battersea Bridge. Why? Arguably, the architecture is more glamorous and the views superior. People can buy into a development with a 24-hour concierge, spa and underground parking, get a long lease and know it is only a short walk across the river to Chelsea. …

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