Everybody's talking about the new Night Tube service, following its launch on 19th August on the first two lines (Central and Victoria) and their 24 hour weekend timetable. The Northern line will follow suit in the Autumn, with a network-wide rollout as the final utopia. There's even talk of additional night services on parts of the London Overground in 2017 and the Docklands Light Railway by 2021.
Of course this is Britain and when we're not talking about the weather, we're talking about property; it was inevitable that a link between the two would be found. A survey conducted by the Association of Residential Letting Agents (ARLA) found one in four members in London and the South East expect rent rises around the stations benefiting from the Night Tube.
The flip side is opportunity, with the Centre for Economics and Business Research and London First claiming the Night Tube could add £3bn to London's night-time economy and create 1.37m jobs.
It remains to be seen whether this transport service improvement will have such an impact on rents, or whether this is merely some page-filling speculation.
According to the Centre for Economics and Business Research and London First, the Night Tube could add £3bn to London's night-time economy and create 1.37m jobs.