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Cupcakes
I'm on the border of Greenwich and Charlton.
Would put my house at around 425k
Move half a mile toward Greenwich and the same house is 650k
Another half a mile, 800ish
Another half a mile (in the posh bit). Easily over a million.
http://www.zoopla.co.uk/for-sale/details/38832204
It's an expensive 15 minute walk.