Part of the Royal Borough of Greenwich, Woolwich has truly arrived as a great place to live and work. Thanks to major property developments, crowned by the creation of the Royal Arsenal Riverside, this historic part of Southeast London has so much choice to offer renters and buyers. Don’t know where to start? HomeViews reviewers bring you their 5 best places to live in Woolwich among its latest property developments.
Living in Woolwich – What to expect
Woolwich has plenty of big plus points – it’s well-connected, affordable, exciting, and close to the river. It’s also surprisingly pretty, given its history as London’s main military arsenal and munitions production centre. Today, the bomb and bullet factories are long gone, replaced with smart riverside apartment towers, gastropubs and regenerated spaces for fitness, the arts and independent commercial spaces to thrive.
Perhaps the biggest upcoming change to the Woolwich landscape is the Woolwich Works Project. Due to open in September 2021, this is a massive undertaking by the Royal Borough of Greenwich to create a new landmark cultural hub in Woolwich. It involves the restoration of five major buildings of historic significance in the Royal Arsenal area. Once complete, it will represent a 15,000-square-metre complex of theatres, dance studios and prime retail space.
This is just the latest of the many large-scale developments that have made Woolwich into a highly desirable destination. It already has great Underground and rail connections. Also, the completion of the new Crossrail station in 2022 will make Woolwich even more accessible. As an added bonus, London City airport is literally just over the river.
There are also plenty of great parks and green spaces in the area. These include Woolwich Common, and Woolwich Park, with Greenwich Park just a short drive/tube journey away.
Average property prices in Woolwich
The property scene in Woolwich offers great variety. There’s everything from luxury apartment blocks to affordable home estate-based options. Woolwich even has a great portfolio of period homes (particularly Victorian) that help connect the area to its heritage.
The average property price in Woolwich in August 2021 is around £350,000. This makes the area significantly more affordable than nearby Greenwich. As for renting in Woolwich, you can expect to pay around £357 per week, with plenty of options closer to £250.
5 best places to live in Woolwich
Now you have a good overview of what the wider area can offer, it’s time to take a closer look. The following list includes some of the best new developments in Woolwich, as rated by reviewers on HomeViews.
*PLEASE NOTE these rankings take into account how recently reviews have been submitted, so may not match the overall star ratings shown. More recent reviews are given a greater weighting to reflect current building performance.
If this quick look at some of the best new developments in Woolwich has inspired you to explore the area further, take a look at our area guide. This will give you more information on what it’s like to live here, and even more developments to buy or rent in Woolwich.
HomeViews provides verified resident reviews of the UK’s housing developments. We’re working with developers, house builders, operators, housing associations and the Government to recognise high performers and help improve standards in the built environment.