Our analysis shows that only in London Inner areas there is a potential for enabling more than 100 of sites with average size of 60,000sqm. Simple calculation will show there is a possibility to create around 480,000 new homes without getting into complicated and potentially problematic issues with green belt and brownfield areas.

There is a vast network of railway facilities in London prime locations. Central London is clear of it, and main railway stations were initially located at the edge of town. With London expansion, all of the railway facilities were incorporated in the new built ‘suburbs’. Considering cost of land in those areas, no one even contemplated to utilise it at the time.

However, situation is now very different. With prices above £10,000/sqm in those areas, the cost of ‘building over’ can prove extremely profitable. In our calculations, approximate cost for concrete or metal frame above those areas with all of the utilities will be around £2,000/sqm.

Taking into account current initiatives, it will be relatively easy to get planning consent and political support for that.

Our analysis shows that only in London Inner areas there is a potential for enabling more than 100 of sites with average size of 120,000sqm. Simple calculation will show there is a possibility to create around 480,000 new homes without getting into complicated and potentially problematic issues with green belt and brownfield areas.