London Daily

Focus on the big picture.
Wednesday, Feb 25, 2026

House bought on 'UK's most dangerous street' for £5,000 is now worth £1,000,000

House bought on 'UK's most dangerous street' for £5,000 is now worth £1,000,000

A man who bought his house on the country’s ‘most dangerous street’ in 1970 for just £5,000 says it’s now worth £1 million.

Hasan Rezvan moved from Cyprus to the UK and purchased the four-bedroom terraced house in Coldharbour Lane next to Loughborough Junction station in south London.

He had initially hoped to buy another house in the street for £7,000 but the bank told him he could only afford £5,000.

The area, which borders Brixton and Camberwell, was rocked by the Brixton riots in 1981 and by the late 90s had developed a reputation for violence and drug use.

The street was dubbed ‘Britain’s most dangerous’ in 2003 after it was reported £1,000,000 of crack cocaine was being dealt there every month.

But despite the problems, the eclectic area became increasingly popular, especially with young people attracted to Brixton’s nightlife, music and cultural scene.

This, coupled with a general housing boom over the past few years, has seen house values soar.

Hasan says his terraced home is worth around £1,000,000

A new block of flats opposite Hasan’s home


Hasan said he’s had very few problems during his time in Coldharbour Lane.

The 75-year-old said: ‘About 15 years ago they broke into next door twice, but the woman living there said it was her ex-boyfriend.’

He added there used to be a fair few issues at a nearby block of flats called Liliford house – with fighting and regular visits from police – but these days there’s ‘hardly anything’ and it’s ‘getting better’.

‘I do not feel unsafe,’ he explained.

A new housing block was recently built across the road from Hasan. He was initially worried about the effects of such a large influx of people but says there have been no issues.

He explained while his house is worth a lot, he does not have ‘money in his pocket’.

‘The only way to get it is to sell it up and go home to Cyprus,’ he said. ‘But I’ve lived here for 50 years, this is my home now.’

According to Rightmove, the average price of a home in the area is £560,000, but terraced houses often go for well over a million. A four-bed terrace in Coldharbour Lane similar to Hasan’s sold for £1,075,00 in June 2021.

Newsletter

Related Articles

0:00
0:00
Close
Lord Mandelson Condemns Arrest as Driven by ‘Baseless Suggestion’ He Would Flee Abroad
Former UK Ambassador Released on Bail Following Arrest in Epstein-Linked Investigation
UK Parliament Orders Release of Former Prince Andrew’s Government Vetting Files
Reddit Fined £14 Million by UK Regulator Over Failures in Age Verification Controls
UK Moves to Tighten Regulation of Netflix, Disney+ and Prime Video Under New Media Rules
British Woman Who Reported Rape in Hong Kong Faces Possible Prosecution
'Christianity is the religion that has made this country great.'
Man Receives Parking Ticket 38 Years After Offense: ‘City Officials Said It’s Legitimate’
Woman Receives Gift Card for Christmas – Discovers It Is ‘Worth’ 63,000,000,000,000,000 Pounds
UK Sanctions New Zealand Insurer Maritime Mutual Following Allegations Over Russian Oil Cover
Reform MP Danny Kruger Condemns UK’s ‘Unregulated Sexual Economy’ in Call for Tougher Controls
The Show Must Go On: Prince William and Kate Middleton Shine at the BAFTAs Amid Andrew’s Arrest
UK Sanctions Russian ‘Illicit Oil Traders’ After Email Blunder Exposes Sanctions Evasion Network
Russia Amplifies Baseless Claims That UK and France Plan to Arm Ukraine with Nuclear Weapons
UK Imposes Sanctions on Two Georgian Television Channels Over Alleged Russian Disinformation
United States National Parks See Noticeable Drop in Visitors from Canada, U.K. and Australia
UK, Australia, Canada and New Zealand Escalate Sanctions on Russia as Ukraine War Marks Four Years
I Gave Andrew a Nude Massage Inside Buckingham Palace
UK Economy Faces Acute Strain as Trump’s Global Tariff Reshapes Trade Landscape
UK Signals Retaliation Is Possible as New US Tariff Policy Threatens Trade Stability
British Police Arrest Former Ambassador Peter Mandelson in Epstein-Related Misconduct Probe
Australia Officially Supports Proposal to Remove Andrew Mountbatten-Windsor from Royal Succession
Victorian Premier Jacinta Allan remains silent on ISIS brides' resettlement plans in Melbourne
Former UK Ambassador Peter Mandelson Arrested in Connection with Jeffrey Epstein
Jacob Rees Mogg afraid to talk about Peter Mandelson arrest on “suspicion of misconduct in a public office” (Pedophilia, corruption, etc.)
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
President Trump warns countries against abandoning recent trade deals with the US
Diverging Polls Show Mixed Signals on UK Economic Revival as Confidence Remains Fragile
Spotify Expands AI-Driven ‘Prompted Playlists’ Feature to the United Kingdom and Other Markets
Greens and Reform UK Surge in Manchester By-Election, Threatening Labour’s Historic Stronghold
UK Businesses Push for Closer European Trade Links Amid Renewed US Tariff Uncertainty
Deloitte Global Overhaul Sparks Leadership Contest in the United Kingdom
University of Kentucky and Microsoft to Showcase Campus-Wide AI Innovation
UK Food System Faces Acute Vulnerability to Shocks, Experts Warn
Reform UK’s Proposed ICE-Style Deportation Scheme Triggers Sharp Backlash
U.S. Global Tariff Push Leaves Britain, Australia and Others Facing Higher Costs and Trade Strain
UK Police Officers Guarded 2010 Epstein Dinner Attended by Prince Andrew, Reports Say
US Trade Representative Affirms Commitment to Existing Tariff Agreements with UK and Other Partners
Activists at the Louvre hung a framed Reuters photograph of Andrew Mountbatten-Windsor slumped in the back of a car leaving a police station on the day of his arrest
The royal biographer said that he expected the police to 'look at the money trail' - including Sarah Ferguson borrowing money from Epstein
A Protestor screams in NYC: “Bill Gates is on the Epstein’s List…”
FBI and Secret Service Hold Press Conference After Shooting Incident at Mar-a-Lago
Mark Zuckerberg Testifies in Trial Over Social Media's Impact on Children's Mental Health
Maggie Oliver exposes Keir Starmer using letters to close child rapists investigations
Kouri Richie's wrote a children’s book to help her sons grieve the death of their father. Now she’ll stand trial for his murder
New York Braces for Major Snowstorm With Up to 18 Inches Forecast and Blizzard Warnings Issued
Mexican Military Kills CJNG Leader Nemesio Oseguera Cervantes as Violence Erupts Across Jalisco
Metropolitan Police Deploys Palantir-Powered AI to Flag Potential Officer Misconduct
UK Parliament Rebukes Police Over Ban on Israeli Football Fans
×