Exploring the impact London's new breed of super wealthy inhabitants have had on property prices across the city, Jon re-discovers Notting Hill, a shabby and down at heel area when he last lived in the capital which has been transformed by designer boutiques and chic coffee bars into one of the capital's property hot spots.
He questions what effect the explosion in property prices has had on the very nature of the neighbourhood and meets the people who've been caught up in this bubble to find out what it's doing to them. First John meets the property development entrepreneur spending £2 million on fixtures and fittings; then he takes up the story of the market trader whose livelihood is being squeezed out by the changing nature of the area. A happier tale is that of the 60s teacher who bought when Notting Hill was synonymous with slum housing. She’s now cashing in her property wealth to help her daughter onto the property ladder. Not so happily, and most poignant of all, John meets the housing association resident who's missed out on the property bonanza and finds herself faced with the threat of forced relocation and the loss of everything she calls home.
But even in the current climate of house price jitters, Jon discovers that with the flood of both money and people to the capital showing no signs of abating and with areas of London still ripe for gentrification, the scene is set for the country's obsessive relationship with property to continue.
At the top end of the market, London property prices are stellar. Jon meets Trevor Abrahamson, who during the past twenty years has broken the record for selling the most expensive home three times. Jon also opens the door to a £60 million development and sees inside a Chelsea mews property that while on the market for a 10th of that figure, is still commanding the mighty price tag of £6 million - for a petite place that was once home to horses, not people.
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