1910, in reference to the set of Bohemian writers, artists, and intellectuals (including E.M. Forster, Virginia Woolf, Vanessa and Clive Bell, John Maynard Keynes) centered on Lytton Strachey; so called from the London neighborhood where several lived and worked.
Women in love with buggers and buggers in love with womanizers, I don't know what the world is coming to. [Lytton Strachey]
The place name is recorded 1291 as Blemondesberi "manor held by the Blemond family," from Blémont in France. It was laid out for housing in 17c., fashionable from 18c.