 This meant that the peasants were unable to pay taxes, and the land reverted to the crown by Frederik III's son Christian V.

In 1700–1703, King Frederik IV built a palace on top of the hill known as Valby Bakke ("bakke" = hill).He named the palace "Frederichs Berg", and the rebuilt town at the foot of the hill consequently changed its name to Frederiksberg.A number of the local houses were bought by wealthy citizens of Copenhagen who did not farm the land, but rather used the properties as country houses.