London is often described by districts (Bloomsbury, Mayfair, Whitechapel, for example). These names have no official use but often refer to parishes or city wards and remained in use through tradition, each referring to a separate area with its own characteristics but without official demarcation.
There is one central area of London which has a strict definition and status, the City of London. Often referred to simply as the City, this is one of the largest central business district in the world. The City has its own governing body and its own borders, thus giving it a complete political and administrative autonomy. The new financial and commercial district docklands is located east of the City and is dominated by Canary Wharf. The other business area is in the City of Westminster which also houses the British government and Westminster Abbey .
West End is the main shopping area and includes major attractions such as Oxford Street, Leicester Square, Covent Garden and Piccadilly Circus. West London includes upscale residential areas such as Notting Hill, Knightsbridge and the Royal Borough of Kensington and Chelsea, where the average house price in some areas is about 5.5 million books and where a house was sold 60 million pounds. According to a 2007 ranking by the real estate group Knight Frank and Citi Private Bank, a subsidiary of Citigroup, London is the most expensive city in the world in the field of residential real estate: 36,800 euros on average per square meter in this sector.
Another upscale district is Hampstead in Camden District, where many of London”s personalities also live.
The east areas of London include the East End and the suburbs of Essex. These areas are located closer to the port of London, are known to have a high proportion of immigrants and to be one of the poorest in the capital. The East London area called the birthplace of the industrial development of London. Many brownfields there today are in full redevelopment, including through the Thames Gateway Plan, which includes London Riverside and Lower Lea Valley, which has been hosting the Olympic Park and the Olympic stadium of summer of 2012. North London and South London are also terms used to designate the two areas separated by the London Thames.
Translated and adapted from Wikipedia under GNU Free Documentation License.