The Elizabeth Line opened on Tuesday 24 May, enabling customers to make faster journeys through the heart of London, the first trains departed from the new section of the railway. The Elizabeth Line is the most significant addition to London's transport network for a whole generation. It not only supports faster journeys through London, but also new jobs and economic growth throughout the country.
Trains will initially run every 5 minutes in each direction between Paddington and Abbey Wood from 6.30 - 23.00, Monday to Saturday.
The new line will significantly cut down journey times for travellers:
The final cost of the The Elizabeth Line is estimated to be £19 billion which is more than twice the price of hosting the olympics! It was originally budgeted at £14.8 billion but ballooning costs such as lost revenue from three and a half years without fares and paying the salary of drivers has led to the overall increase in cost for the new line. Until autumn, the Elizabeth line will run as three separate railways, with passengers on the former TfL Rail services in the west or east having to change at Paddington or Liverpool Street stations to continue on the newly opened central section.
Transport for London bosses expect many more customers to flood on to the line after September, when trains will run directly from Shenfield, Reading and Heathrow into stops across central London. By May 2023, services will run the breadth of the Elizabeth Line, with up to 24 trains an hour at peak times.
Austin Hayes, owner of Austin Homes had this to say about London’s newest line. “The Elizabeth Line is a welcome addition to London’s transport network giving residents of the world’s best city an efficient method of travelling from East to West easily. Unlike other global cities such as New York, London offers residents, commuters and tourists affordable, efficient and modern public transport which is one of the leading factors in the continuation of strong property prices”.
ABOUT LONDON’S LEADING LETTING AGENT, AUSTIN HOMES
Austin Homes is a leading light in London lettings and sales space. They are priding themselves on delivering a unique and bespoke service hinged on expert local knowledge and a passion for the communities they serve. With a focus on East London’s Shoreditch and Hoxton areas, Austin Homes is pleased to sell and rent some of London’s finest properties, offering a bespoke service and outstanding results.