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http://www.thisislondon.co.uk/news/...-property-price-surge-in-brixton-7636474.html
Brixton Market has helped fuel a surge in house and rental prices in the area, experts said today.
The recent “gentrification” of Brixton and the growing popularity of the revamped Granville Arcade, also known as Brixton Village market, is making it a destination for young professionals and graduates, pushing prices up by as much as 15 per cent.
Agents claim that the surge is being driven by clients who would have previously shunned Brixton in favour of Balham, Clapham and Battersea.
The market, which has become known as a foodie hub, has gone from strength to strength since an initiative by Space Makers Agency to fill the previously empty units in Brixton Village in 2009.
It is now so busy that it is open all week and late on Thursdays, Fridays and Saturdays.
Graham White, sales manager at Foxtons in Streatham Hill, said: “Definitely sale prices have gone up and there’s a very similar pattern in the rental market as well.
“With the market and the whole area being cleaned up, it’s attracting the kind of people who would have previously moved to Clapham or Battersea.”
http://www.thisislondon.co.uk/news/...-property-price-surge-in-brixton-7636474.html