Whatever your political persuasion, you might well have the Mayor of London to thank when it comes to selling your home.
Londoners’ pads close to a “Boris bike” docking station are in high demand, according to Marsh and Parsons.
The estate agent has reported an increasing number of inquiries about the location of the nearest cycle hire station.
And experts add the expansion of the scheme – which currently loans 11,500 bikes – could yield rewards for buyers and sellers.
CEO of Marsh & Parsons Peter Rollings said: “London has long had a world-class public transport system and the introduction of the cycle hire scheme five years ago has added to the attraction of areas such as Battersea and Fulham which, despite being £1million cheaper on average compared to more prime central parts of the city, have enjoyed more than double the annual rate of growth according to our latest data.
“As the cycle hire initiative continues to grow and becomes more ingrained in the public’s consciousness, it won’t be long before buyers scour property listings for proximity to a bike docking station in the same way they currently do for train stations and local schools.”