Plans for a third Heathrow runway have had a severe effect on house prices in the area, figures reveal today. Asking prices in the borough of Hounslow, which contains most of the homes worst affected by the Government's expansion, have dropped by 14.1 per cent in the past year, compared with 1.8 per cent across the capital, price monitor Rightmove found.

In Hillingdon, where the new runway will actually be built, average asking prices fell by 6.7 per cent.

Experts today said the airport plans had been a major factor in depressing values in the west London boroughs. Miles Shipside of Rightmove said: "It remains to be seen whether the positive effect of thousands of extra jobs outweighs negative impacts that inevitably come with such an expansion."

Read the full article in The Evening Standard.


Nobody should be surprised by this, but what about the health costs? We'll all end up paying thanks to the government's pandering to the aviation lobby.