“Anything – property or land – is worth what someone is prepared to pay for it so why it might be baffling that this plot of grass has fetched such a price, it’s obviously worth it to someone,” said Nicholas Ayre, managing director of homebuying agency Home Fusion.
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Hipsters and cupcakes: How to spot an ‘up and coming’ area
“Artisan bread shops are another one to watch out for,” said Nicholas Ayre, managing director of homebuying agency Home Fusion.
“The only people who can afford £3 for a loaf of bread are going to be wealthy ones so if they are moving into the area, it must be up and coming.”
See also: Organic fry-ups / craft beer / decent lattes