Reading in BerkshireJuly 9, 2019
Once only known as the birthplace of reality TV star Stacey Solomon, Barking and Dagenham have changed significantly since the turn of the millennium.
It now has an increasingly diverse culture and a much younger demographic.
This might a result of Barking and Dagenham’s title as area of most teen pregnancies.
There is also a significant proportion of the population on benefits, having the highest number in London and a high level of poverty in comparison to the rest of London.
However, with low cost housing and a larger population of millennials than average, Barking and Dagenham has potential.
Someone with decent vision could easily target the market available in the district.
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Despite its disadvantages, such as the highest number of teen pregnancies and the highest proportion of benefit claimants in the capital, this is also the eco-friendliest place to live in the city. Barking and Dagenham is a great place for a large number of children to grow up. There was a 50% rise in pre-schoolers in 2001 and 2011, making this an area that has potential for the future.
With this in mind, if you are looking for a millennial market, then you would do worse than heading to this borough. Due to affordable housing, there was a significant increase in non-UK born residents.
The area became more multi-cultural from the turn of the century. So, despite its difficulties, Barking and Dagenham does have some potentials for investment and improvement.
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The number of pre-schoolers between 2001 and 2011 in Barking and Dagenham increased by nearly 50%. This is an area with the highest rate of teenage pregnancy and one of the highest proportions of the population on benefits.
It is also an area that has seen a 200% increase in non-UK born residents. This could present the borough as one facing a challenge, and income and poverty rates in comparison with the rest of the city are dramatic.
However, it is also a place with the most affordable housing in London and the cleanest air.
The youthful population also means a high number of millennials, which means this could be a borough ripe with opportunity.
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Clean air, with the lowest carbon emissions in the city, and the most affordable housing.
This makes Barking and Dagenham
the perfect choice for those hoping to start a family. Schooling in the area faces challenges, with low attainment of qualification at the age of 19.
However, this may be a result of young people moving to other areas to complete a college education.
The area is also increasingly multi-cultural.
Since 2000, there has been a 200% in non-UK born residents., which is a potential opportunity for different businesses to enter the area.
This area was once known purely for being the birthplace for the reality TV star Stacey Solomon.
However, there could be hope for a brighter future in this area.