The evening standard has reported more and more of London's youngest occupants are choosing to move to Margate nicknamed "Shoreditch on sea".

The younger occupants namely in their thirties are being tempted by the scenic seaside town by what is called its "thriving cultural scene" which has been amplified by Brit Art star Tracey Emin. The largest factor causing them to move is the prices of houses which are a lot cheaper than those you'd find in London.

The evening standard also reported that an Inside London report due to be shown on BBC one where an estate agent shows a 6 bed, 6 storey home with two reception rooms for sale at £263,500 and a 1 bedroom flat for £55,000.

An ex-council one-bed property is currently being advertised in Shoreditch at £325,000. Georgia Brown, of Parkland Estates, said: “I moved from south London and moved here to get on the property ladder.”

James Greenwood, a music producer, said: “I was in Hackney for eight years. I feel so much more free here (and) I’m able financially to build a studio, have a flat and a car for less than I was paying for one room in London.”

Rob Keyton, of Thanet District Council, told Inside Out London: “They are flooding down here, 66 per cent of people who have come down here have come from London.

"For someone selling a one-bed flat in the East End you can come here and buy a glorious six-bed townhouse.”

Margate was also recently crowned “best British seaside town” in an online awards, with voters citing its “retro buzz”.

The resort regularly hosts exhibitions by artists such as Grayson Perry and is home to the world-renowned Turner Contemporary Gallery, with artwork by Emin, who was brought up in Margate, hung over the entrance.

Author: Lauren Angell, Events Manger

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