The Elizabeth Line will stretch from Reading to Shenfield and pass through London with the route set to become fully operational by December 2019.
Lloyds Bank has found that the average house price near the line has grown to £420,798 compared with £344,242 in 2014.
The line will have 33 stations and those in Abbey Wood, Forest Gate and West Drayton have seen the biggest price boost, growing by nearly 50%.
Andrew Mason, mortgage products director at Lloyds Bank, said Crossrail promised to connect towns in Berkshire and Buckinghamshire to Essex and south-east London.
“This will clearly prove attractive to many commuters, as the new service will make it much easier to reach key destinations such as the City of London, Canary Wharf and Heathrow Airport.
“Even though we’re still three years away from the launch of the full service, the Crossrail effect is already having a positive impact on house prices near stations on the Elizabeth Line.
“It will be interesting to see how these grow further between now and the service becoming fully operational in December 2019.”
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