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6
SECTION A
PHYSICAL FEATURES AND SOCIAL CONDITIONS
General:
Area of the Borough (acres) 587
Population 1951 census 35,370
Population Density 60
Rateable Value (31.3.59) £2,364,286
Product of a penny rate (1958/1959) £9,094
General rate (1958/1959) 17/4d
Pinsbury, one of London's 28 Metropolitan Boroughs, is
situated in Central London.
The Borough as a whole is built up and congested and
possesses very few open spaces, all of which are small in size.
A large part of the Borough, particularly in the South East,
is essentially industrial and the day population of the Borough
has been estimated as between 150,000 and 200,000.
The industries accommodated are very varied and include,
besides the clock and watch trade which has been associated with
Clerkenwell for many years, the scientific and optical instrument
making, jewellery, printing and clothing trades.
The residential parts of the Borough are mainly working
class in character.
During the late war Pinsbury suffered the loss of many
factories, warehouses, and offices, especially in the Eastern
part of the Borough, and there still exist many bombed sites.
Residential property also suffered considerable damage.
The rateable value has steadily increased since 1951 when it
was £956,228 consequent on rebuilding of war damaged properties
and of devastated areas. A feature of post war development has
been the erection of large blocks of modern flats.