London Mayor Boris Johnson has given the go-ahead for Berkeley Homes and Southern Housing’s 4,000-home regeneration of Ferrier estate in Kidrooke, south-east London.

The existing housing on the estate will be demolished and replaced with new-build residential, 38% of which will be affordable, plus 37,000sqm of commercial and shopping space, community facilities, a new primary school, and recreational space.

The £1bn scheme was approved by Greenwich council in April, and demolition work has already started. The council began decanting people from Ferrier in 2006. Previously it was home to 5,000 people. The estate formed the backdrop for Gary Oldman’s film Nil by Mouth.