The pokey property in Hackney, north London, has just 98 square foot of floor space, including a cramped 'living room' with a sofa bed (shown left) and a compact shower room. The pound-for-pound fee for the studio flat dwarfs the average price-per-square foot of £1,328 for London's exclusive Kensington and Chelsea district. In terms of money per square foot, It is also £700 above the record price paid for a mansion in the millionaires' playground of Sandbanks, Bournemouth. The property, that is being sold on a 999-year lease, sits above an Oxfam shop (bottom inset) and was originally part of a bigger first floor flat. There is just one window which has a view over a neighbouring roof (shown right, the flat's kitchenette).
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