This is the best place to buy a Louis Vuitton bag

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For travelers who've been mulling over the idea of visiting London, here is a simple piece of advice: Go now. And while you're there, don't forget to stop by Selfridges to get your hands on a Louis Vuitton bag.

According to a research by consulting and audit firm Deloitte, designer products and other luxury goods, including the much covetable Louis Vuitton handbags, now cost less in Britain in dollar terms than anywhere else in the world. The trend is linked to the Brexit vote in June, which has decreased the value of the pound by more than 17 percent against the dollar.

Take a peek below at some Louis Vuitton pieces sported during Fashion Week:

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LONDON, ENGLAND - SEPTEMBER 20: Azerbaijan fashion editor Leyla Ahmadova wears an MSGM coat, Academie top and skirt, Miro Micante shoes, Gaydamak jewelry and Louis Vuitton bag on day 5 of London Womens Fashion Week Spring/Summer 2016, on September 20, 2016 in London, England. (Photo by Kirstin Sinclair/Getty Images)
LONDON, ENGLAND - SEPTEMBER 19: A Louis Vuitton bag during London Fashion Week Spring/Summer collections 2017 on September 19, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
LONDON, ENGLAND - SEPTEMBER 20: Elle UK accessories editor Donna Wallace wears Louis Vuitton boots on day 5 of London Womens Fashion Week Spring/Summer 2016, on September 20, 2016 in London, England. (Photo by Kirstin Sinclair/Getty Images)
LONDON, ENGLAND - SEPTEMBER 19: A model is wearing a Louis Vuitton bag during London Fashion Week Spring/Summer collections 2017 on September 19, 2016 in London, United Kingdom. (Photo by Timur Emek/Getty Images)
LONDON, ENGLAND - SEPTEMBER 19: A Louis Vuitton bag outside Christopher Kane during London Fashion Week Spring/Summer collections 2017 on September 19, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
LONDON, ENGLAND - SEPTEMBER 18: A Louis Vuitton bag outside Paul Smith during London Fashion Week Spring/Summer collections 2017 on September 18, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
LONDON, ENGLAND - SEPTEMBER 16: Fashion Blogger Annacarla e Simona is wearing shoes by Louis Vuitton day 1 of London Womens Fashion Week Spring/Summer 2016, on September 16, 2016 in London, England. (Photo by Kirstin Sinclair/Getty Images)
LONDON, ENGLAND - SEPTEMBER 17: Anita Okoroafor wearing Louis Vuitton bag and olive trousers during London Fashion Week Spring/Summer collections 2017 on September 17, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
LONDON, ENGLAND - SEPTEMBER 16: Fashion Blogger Annacarla e Simona is wearing top and jacket by Topshop, skirt by Miu Miu, bag by Gucci and shoes by Louis Vuitton day 1 of London Womens Fashion Week Spring/Summer 2016, on September 16, 2016 in London, England. (Photo by Kirstin Sinclair/Getty Images)
LONDON, ENGLAND - SEPTEMBER 16: Singer Tallia Storm wearing Louis Vuitton plattform sandals outside of DAKS during London Fashion Week Spring/Summer collections 2017 on September 16, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
PARIS, FRANCE - SEPTEMBER 28: Fashion blogger Lala Rudge wears an Alexander McQueen jacket, Cruise skirt, Louis Vuitton bag and Alexander Birman shoes on day 2 of Paris Womens Fashion Week Spring/Summer 2017, on September 28, 2016 in London, England. (Photo by Kirstin Sinclair/Getty Images)
LONDON, ENGLAND - SEPTEMBER 18: A guest wearing a trench coat and Louis Vuitton bag outside Mulberry during London Fashion Week Spring/Summer collections 2017 on September 18, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
LONDON, ENGLAND - SEPTEMBER 17: Anita Okoroafor wearing a black off shoulder top, Louis Vuitton bag and olive trousers during London Fashion Week Spring/Summer collections 2017 on September 17, 2016 in London, United Kingdom. (Photo by Christian Vierig/Getty Images)
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The report, which was prepared for The Wall Street Journal, states that a Speedy 30 handbag from Louis Vuitton now costs $802 as of Friday, October 7. That compares to $850 in Paris, and $970 in New York. In China, the bag is priced at $1,115.

The low prices are drawing in high number of tourists now that the country is a much more affordable destination in Europe. Travel bookings from the U.S. to Britain has increased 6 percent for the period between October and December compared to last year, according to VisitBritain, a British tourism agency. In July—right after the Brexit vote—the country experienced 3.8 million visits, which marked a 2 percent increase from July 2015—a new record for any month.

The affordable pricing has expanded to other luxury goods, as well. A Balenciaga Foulard Fringe Dress from creative director Demna Gvasalia's pre-fall collection costs $1,312 in London, compared with $1,560 in France, $1,765 in the U.S. (and online), and $1,665 in China. Fans of Loewe will be happy to know that the brand's highly 'grammable elephant bag is currently priced at $311 in London—a steal compared to $380 in the U.S. Get your camera ready.

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