Often misconstrued as part of Essex, Dagenham has in fact been a borough of East London since 1965. Although mainly a residential location, there are industrial areas. Famous for being the home of Ford, many of its residents worked at the car plant and it dominated the local economy from the 1930s until the early 2000s. Although 2002 saw the end of the car assembly business in Dagenham, the engine business remained.
Situated only 9 miles from the city of London and relatively cheap compared to other commuter areas, Dagenham is ideally situated for commercial investment. Although historically the area’s commercial focus was centred on manufacturing, this is increasingly being challenged by the technology sector.
The business east science and technology park (Best park) is an example of commercial investment in the area and Barking and Dagenham is now one of the East London boroughs, highlighted as a focus for growth over the next 20 years.
With the southern part of the borough situated next to the Thames, Dagenham has also benefited from the regeneration of the Thames Gateway area and was host to some of the 2012 Olympic events. The availability of commercial property to rent or buy in Dagenham and Barking is set to rise as this regeneration persists. Creating new jobs, homes and services, retail units, offices and warehouses available for rent in Dagenham are set to become more readily available.