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Proximity to Harrods is major factor in local London real estate

February 21, 2018

The Harrods effect means that homes closer to the store tend to go for higher prices. Image credit: Harrods


Harrods is already one of the most prestigious department stores in the United Kingdom, but a new report finds that the store is also a huge draw for real estate purchases in the surrounding neighborhood of Knightsbridge.

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