Real estate prices have continued to rise in recent years, and London is one of the cities most famous for its high property prices. Recently, a micro-apartment measuring just 7 square meters was sold in the Lower Clapton neighborhood of East London.

How much do you think was paid for this property?

The apartment sold for US$122,000, 80% more than the base price set at the auction, which was conducted by the online auction platform My Auction. The current tenant pays US$1,100 per month and uses it a couple of times a week as a place to stay. Creating a livable space, including a bed, in 7 square meters requires a great deal of imagination. In this case, the bed is located above the shelves, racks, and a microwave.