Photo credit: Grahamc99
Hollyoaks may have won Best British Soap at this year’s British Soap Awards, but it is the long term residents living in and around London’s East End who are the real house price winners, according to Halifax. Average house prices around the location where EastEnders is based have increased by 437 per cent over the last 20 years, outperforming the average 344 per cent increase seen in Greater London as a whole.
Nevertheless, the other three major soaps have all seen average prices around where they are supposedly set rise by around 200 per cent in the last two decades: Coronation Street (204 per cent), Emmerdale (198 per cent) and Hollyoaks (193 per cent).
While average house prices in the locations around the settings of some of the UK’s most popular TV series and films have performed well in the past 20 years, though, this doesn’t always mean they are now more expensive than surrounding areas.
Martin Ellis, housing economist at Halifax, comments: “While you may pay a premium to live around Emmerdale or Hollyoaks, average prices in the locations around where EastEnders and Coronation Street are based are still below the regional average.”
Source: The Movechannel