North central London district and the rail central point located in King’s Cross was once a abandoned area with deteriorating industrial structures and a shady feel. In the last 20 years, this region that was once popular for its warehouse parties and red-light district, has seen an entirely new look.
The area lies behind King’s Cross and St Pancras International stations, situated on the former railway lands is London’s biggest urban regeneration plan: a attractive, mixed-use neighbourhood created by a variety of prominent architects. It is home to the principal college that is Central Saint Martins art school as well as a myriad of fashionable shops, restaurants and drinking establishments.
In the wake of the popularity of its revamp, King’s Cross has emerged as the city’s top technology hub and has become a hotspot 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 the owner of Meta’s two London offices.
Boundaries
King’s Cross is a small region that lies situated between Islington and Camden and 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 constitute the western part of its boundary. Tavistock Place lies along its southern border while railway lines make up its northern border.
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 areas surrounding Bloomsbury or Islington.
Price Variation
King’s Cross prices roughly range between £700 (US$874) for a square foot up to £1,200 per square foot. This includes everything including former government housing to the most luxurious 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 figures collected by an analyst of data LonRes at Mansion Global.
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Housing Stock
King’s Cross Central King’s Cross Central is a master-planned, regenerated part of King’s Cross that comprises about 2,000 new homes which are close to complete. It is mostly a block of apartments and townhouses designed in a contemporary design.
It is located upon 67 hectares of railway land This area also includes industrial transformations, such as the Gasholders which are an interlocking gasholders set up in the 1850s and later redesigned as apartment buildings by WilkinsonEyre.
Block of mixed-use housing Capella is the last residential section that is part of King’s Cross Central, offering 120 studio one, twothree-bedroom homes as well as custom townhouses with prices starting at £650,000.
Gothic-inspired St Pancras Chambers is one of the King’s Cross’s most striking structures. It was built as hotel facilities built by George Gilbert Scott in the Victorian time period. Alongside being home to it’s Marriott Renaissance Hotel and the Marriott Renaissance Hotel, the restored building also houses 50 homes that are decorated with original styles and impressive 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 destination, and an important hub for biomedical research, tech and arts education, and so much more.
The elegant Granary Building It is also the principal campus of Central Saint Martins art school and is situated in a large public plaza that has water features. The campus is surrounded by new green spaces like Gasholder Park, set within the grounds of a Grade II listed gasholder, many food markets, offering a wide range of cuisine and baked goods as well as The Word on the Water floating canal bookshop for boats. It is awash with grand Victorian industrial heritage and includes it’s own Regent’s Canal towpath and historic churches.
There aren’t many places in London which are more connected to King’s Cross. It is home to a railway station that offers national rail services that go to cities like Edinburgh, Leeds and Newcastle; Crossrail and Tube stations and there is the St Pancras Eurostar terminal, that provides services to Europe. It is also located within walking distance from West End. 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, and is full of spots to soak in the art and culture.
It is possible to see emerging or established artists on display at The House of Illustration, which is a gallery that focuses on graphic and illustration situated just from Granary Square; the Central Saint Martins Lethaby Gallery; and the Pangolin London sculpture gallery, which is located on York Way.
The most sought-after library for readers and bibliophiles, the British Library is a vast research library located on Euston Road that teams with students. It is home to numerous reading rooms as well as public exhibits. The library is housed in a contemporary redbrick symphony featuring a vast outdoor patio.
Near Granary Square lies the Coal Drops Yard shopping centre, built by the architect Thomas Heatherwick, which has exclusive cult brand boutiques, including clothing brands A.P.C, Sacred Gold jewellery and Cubitts eyewear and lighting stores designed by British artist Tom Dixon. There are dining options as well such as the Spanish tapas restaurant Barrafina and Hiden the Japanese Curry Lab.
Another popular restaurant is the German Gymnasium located on King’s Boulevard, which has an impressive cafe serving “Mitteleuropa” dishes like Schnitzel in the midst of huge ceiling arches. Within the Granary Building is the Indian restaurant Dishoom and Caravan, which offers a soft, industrial dining area that offers an all-day casual dining experience and a decent cocktail menu. It also has the Lighterman gastropub that is popular for drinks after work. The Saint Pancras by Searcys is an eatery at the Eurostar terminal, which has the longest champagne bar in Europe.
The region includes the Francis Crick Institute, the U.K.’s most renowned medical research institute and is near several of the country’s best universities such as LSE (London School of Economics) and King’s College London.
Who lives there?
King’s Cross residents include many high-end tech workers and business people who travel across the country as well as internationally. The area also hosts international students who attend the many universities that are located in the area.Outlook
In the middle of 2010, King’s Cross saw a surge in off-plan sales when the new developments were introduced to the market. In 2016, after Brexit was announced and the market was stalled and capital values fell by 25 percent. Investors who purchased multiple flats for flipping struggled to sell them. Some were forced to sell their investments and they lost their deposit, however, over the last few years, the apartments have sold.
Based on the LonRes information, properties located that are located in NC1, N1 and WC1 postcodes take on average 229 days for sale in 2022. This is down from 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 close their sales prior to the expiration on the holiday for stamps which increased the demand.