Kim Wilde caused a Twitter sensation when she was recorded on her way home from a Christmas party singing her hit "Kids in America" in December 2012.
Credit: Katherine Eames on YouTube
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The money will help pay for mental health and counselling services, regeneration in the west London neighbourhood and a new community space.
The small device was hidden in a grate in the ceiling in the only customer toilet at a Starbucks coffee shop.
The jewellery, worth an estimated £60,000, was being stored in a bank safety deposit box for safekeeping.