London Daily

Focus on the big picture.
Sunday, Apr 26, 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
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
CATL Unveils Revolutionary EV Battery Tech: 1000 km Range and 7-Minute Charging Ahead of Beijing Auto Show
Crypto Scammers Capitalize on Maritime Chaos Near the Strait of Hormuz: A Rising Threat to Shipping Companies
Changi Airport: How Singapore Engineered the World’s Most Efficient Travel Experience
Power Dynamics: Apple’s Leadership Shakeup, Geopolitical Risks in the Strait of Hormuz, and Europe's Energy Strategy Amidst Global Challenges
Apple's Leadership Transition: Can New CEO John Ternus Navigate AI Challenges and Geopolitical Pressures?
Italy’s €100K Tax Gambit: Europe’s Soft Power Tax Haven
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
Meghan Markle Plans Exclusive Women-Focused Retreat During Australia Visit
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
UK Stocks Ease as Ceasefire Doubts in Middle East Weigh on Investor Confidence
UK Reassesses Cloud Strategy Amid Criticism Over Limited Support Measures
UK Calls for Full and Toll-Free Access Through Strait of Hormuz Amid Rising Tensions
Starmer Signals Strategic Shift for Britain Amid Escalating Iran-Linked Tensions
UK Issues Firm Warning to Russia Over Covert Underwater Military Activity
OpenAI Halts Stargate UK Project, Casting Uncertainty Over Britain’s AI Expansion Plans
Starmer Voices Frustration Over Global Pressures Driving UK Energy Costs Higher
UK Deploys Military Assets to Protect Undersea Cables From Suspected Russian Threat
Canada Aligns With US, UK and Australia as Europe Prepares Major Digital Border Overhaul
Meghan Markle’s Planned Australia Appearance Sparks Fresh Speculation
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
UK to Partner with Shipping Industry to Rebuild Confidence in Strait of Hormuz, Cooper Says
UK Interest Rate Expectations Ease Following US–Iran Ceasefire Agreement
Starmer Signals Major Effort Needed to Fully Reopen Strait of Hormuz During Gulf Visit
UK Fuel Prices Face Ongoing Volatility Amid Global Pressures and Domestic Factors
×