Why Is It Called Cheapside in London?

By Michael Ferguson

Cheapside is a well-known street located in the heart of London. The name itself sounds a bit odd, as it implies that the street might have been known for cheap products or services. However, the truth is quite different.

The Origin of Cheapside

The word “Cheapside” comes from the Old English word “ceap,” which means “marketplace.” In medieval times, Cheapside was one of the most important marketplaces in London. It was a bustling center of commerce, where traders would come to sell their wares.

The Great Fire of London

In 1666, a devastating fire swept through London and destroyed much of Cheapside and the surrounding areas. The fire started in a bakery on Pudding Lane and quickly spread throughout the city. The destruction caused by the fire led to widespread rebuilding efforts, including the reconstruction of Cheapside.

The Rebuilding of Cheapside

As part of the rebuilding process, many new buildings were constructed in Cheapside. These buildings were designed to be more structurally sound and fire-resistant than their predecessors. They were also designed to be more visually appealing, with ornate facades and intricate details.

Cheapside Today

Today, Cheapside is still an important center of commerce in London. It is home to many shops and businesses, including several large department stores. The street is also known for its stunning architecture and historical landmarks.

  • St Mary-le-Bow Church: This iconic church has been a fixture on Cheapside since the 12th century.
  • The Bank of England: This historic building has been located on Threadneedle Street since 1734.
  • One New Change: This modern shopping mall offers stunning views of St Paul’s Cathedral.

Conclusion

In conclusion, Cheapside is a fascinating street with a rich history. While the name might seem odd at first, it makes perfect sense when you consider the street’s origins as a bustling marketplace. Today, Cheapside continues to play an important role in the commerce and culture of London.