What were the effects on real estate and home prices after The London Eye?

The construction of The London Eye, completed in 2000, significantly boosted the appeal of the surrounding South Bank area, leading to increased foot traffic and tourism. This heightened interest contributed to a rise in property values, as the area became more desirable for both residential and commercial investments. As a result, home prices in nearby neighborhoods experienced upward pressure, reflecting the positive impact of this iconic landmark on local real estate markets.