Estates acquired
Estates acquired from other organisations
From the 1950s onwards we underwent substantial expansion. We acquired a number of estates from smaller, struggling organisations, most of them in need of extensive modernisation and improvement.
The oldest acquisition, Parnell House in Bloomsbury, had been built in 1850 by the Society for Improving the Condition of the Labouring Classes. One of the newest was the Nags Head Estate, Bethnal Green, completed in 1947 by the Nags Heads Housing Society.
Other notable examples acquired by Peabody included: Shaftesbury Park Estate in Battersea, built in the 1870s by the Artisans', Labourers' and General Dwellings Company; the Carlton Square Estate in Mile End, built in the 1850s by the Pemberton-Barnes family; the Ebury Estate, built in the 1870s by the Improved Industrial Dwellings Company; and the Tachbrook Estate in Westminster, built between 1935 and 1947 by the Westminster Housing Trust.
In the 1970s, Peabody took advantage of new funding opportunities created by the formation of the Housing Corporation to purchase land and build new housing to modern standards. Some incorporated extra facilities such as sheltered housing for older people or shops at street level.
In the 1990s, we bought scattered properties for the first time. We also acquired three former council estates: Strawberry Vale, in Barnet (1998), King's Cross in Islington (1999) and Pembury (2000) in Hackney which moved to the Trust as part of the government's housing transfer scheme.
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