"somewhere near Cheapside"
Cheapside and Bow Church - 1837
Public DomainCheapside and Bow Church - 1837 - Credit: W, Albutt

 Cheapside is a street near St Paul's Cathedral in the City of London, so named as it was once a market area; cheap was a market in medieval English.

 

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As Cheapside was linked to trade, it was not looked upon as a desirable place to live by the gentry.  These days, it is extremely valuable real estate.