Liam Bailey, of Knight Frank, tells the Times today that a view of the Thames will add 18-to-25% to the value of a London property. He calls London's waterfront homes a "unique London sub-market" and (this is the interesting bit) it's a market that moves separately from the rest. So, between March 2004 and March 2005, waterfront property values grew at 3.8% (against 0.9% "inland"). And if the waterfront location is in an otherwise fairly modest neighbourhood (step forward Vauxhall), the price differential is even greater. Read the full story here.