The northern central London district and the rail central point located in King’s Cross was once a abandoned area with deteriorating industrial buildings and a dark feel. In the last 20 years, this region that was once popular for its warehouse parties and red-light district, has seen an entire re-imagination.
In the shadow of King’s Cross and St Pancras International stations, which are situated on areas of former railway land in London, is the city’s most extensive urban regeneration plan: a vibrant, mixed-use area created by a variety of prominent architects. It is home to the main school at the Central Saint Martins art school as well as a myriad of fashionable shops, restaurants and drinking establishments.
Thanks to the popularity of its transformation, King’s Cross has emerged as the city’s top tech hub, and is a beckon for the city’s young, wealthy workforce. It’s also the location of Google’s London headquarters, which is expanding, as well as Facebook as well as Instagram owners Meta’s 2 London offices.
Boundaries
King’s Cross is a small region, located situated between Islington and Camden and to the to the north of Bloomsbury. Caledonian Road, Euston Road and Judd Street form its eastern edge. Tavistock Square, Euston Road, Midland Road and the railway lines form its western border. Tavistock Place lies along its southern border while railway lines make up the northern boundary.
The local agents refer to the boundaries of King’s Cross as “fluid,” which means that the parts of the above mentioned areas can be found within the surrounding areas of Bloomsbury as well as Islington.
Price Band
King’s Cross prices roughly range between £700 (US$874) each square foot up to £1,200 per square foot. This includes everything including former government housing up to high-end penthouses.
King’s Cross covers the postcodes of N1 NC1 as well as WC1. These includes areas from Camden, Islington and Westminster. Between 2015 and May, prices in the postcodes have risen by £994,217 up to £1.25 million, according to data collected by the data analyst LonRes in conjunction with Mansion Global.
Housing Stock
King’s Cross Central King’s Cross Central is a newly developed, master-planned area of King’s Cross that comprises approximately 2,000 homes, which are close to the point of completion. The majority of the area is apartment blocks and townhouses designed in a contemporary design.
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The area is situated in 67 acres railway land The area is home to a number of industrial developments, like the Gasholders which are an interlocking gasholders set up in the 1860s and later renovated as apartment buildings by WilkinsonEyre.
Residential block that is mixed use Capella is the last residential component in King’s Cross Central, offering 120 studio one, twothree-bedroom homes as well as custom townhouses with prices starting at £650,000.
The Gothic revival St Pancras Chambers is one of the most striking King’s Cross structures. It was built as hotel facilities in the hands of George Gilbert Scott in the Victorian time period. Alongside hosting its Marriott Renaissance Hotel The renovated building houses 50 private residences, which have original designs and high ceilings.
King’s Cross also has some elegant townhouses with terraces dating to the past to the south of Euston Road, on Cartwright Gardens and Thanet Road.
What is it that makes it different?
King’s Cross has become a residential neighborhood, a tourism attraction, and a center for bio-medical research, technology and arts education, and so much more.
The magnificent Granary Building It is also the principal campus of Central Saint Martins art school and is situated in a large public plaza that is surrounded by water features. The campus is surrounded by new green spaces, including Gasholder Park, set within the grounds of a Grade II listed gasholder, various food markets that offer a variety of cuisines and baked goods as well as The Word on the Water floating canal bookshop for boats. It’s brimming with Victorian industrial heritage and includes its own Regent’s Canal towpath and historic churches.
There aren’t many locations in London that are more accessible to King’s Cross. It includes a railway station, which offers national rail services that go to cities like Edinburgh, Leeds and Newcastle; Crossrail and Tube stations as well as there is the St Pancras Eurostar terminal, that provides services to Europe. It is also walking distance to The West End and close to other transportation hubs like Euston as well as Paddington.
Luxurious Amenities
King’s Cross is packed with interesting places to eat, shop and drink. It also has plenty of spots to soak in the art and culture.
It is possible to see emerging as well as established talents in The House of Illustration, which is a gallery that focuses on graphic and illustration, located from Granary Square; the Central Saint Martins Lethaby Gallery; and the Pangolin London sculpture gallery located on York Way.
An absolute favorite for readers and bibliophiles, the British Library is a vast research library situated on Euston Road that teams with students. It has a number of reading spaces and public exhibitions. It is housed within an impressive modernist redbrick structure with a huge outdoor terrace.
Near Granary Square lies the Coal Drops Yard shopping mall, designed created by the designer Thomas Heatherwick, which has small-scale cult brands like clothing brand A.P.C, Sacred Gold jewellery and Cubitts eyewear in addition to a lighting store designed by British artist Tom Dixon. There are restaurants too which include the Spanish tapas restaurant Barrafina and Hiden the Japanese Curry Lab.
Another popular restaurant is the German gym on King’s Boulevard, which has an impressive cafe serving “Mitteleuropa” dishes like Schnitzel under huge ceiling arches. The Granary Building it is home to the Indian restaurant Dishoom and Caravan, which features a relaxed dining area and offers informal dining throughout the day and a decent cocktail menu. There’s also the Lighterman gastropub, which is famous for post-work drinks. In addition, the St. Pancras by Searcys is an eatery at the Eurostar terminal, which has the longest champagne bar in Europe.
The region hosts the Francis Crick Institute, the U.K.’s most renowned medical research institute and is near the nation’s most prestigious universities such as LSE (London School of Economics) and King’s College London.
Who lives there?
King’s Cross residents include many successful tech industry professionals and business people who travel both nationally as well as internationally. King’s Cross is also home to international students who study at the many universities that are located in the area.Outlook
In the late 2010s, King’s Cross saw a increase in sales off-plan as the new developments were introduced to the market. Then, in 2016, Brexit was declared and the market stagnated and capital values fell by 25 percent. Investors who bought multiple flats for flipping struggled to sell them. Many had to withdraw their investment and they lost their deposit, but in the last couple of years, the apartments have sold.
In accordance with the LonRes information, properties located that are located in NC1, N1 and WC1 postcodes will take on average 229 days to sell by 2022, compared to 246 days in 2020. Between 2020 and 2021, sales volume increased from 14 percent to 54 percent. This was mostly due the rush of home buyers to sell their homes before the expiration in the Stamp Duty holiday which helped boost the market.