The largest house price growth in British soaps revealed – Corrie's residents aren't just investing in drama
Come car crash or gas explosion, house prices are still on the rise
Emmerdale scooped up the award for Britain's best soap at the National Television Awards this week. However, when it comes to house price growth in soapland, Coronation Street was the real winner.
Related: Queen in a street names gives house prices a royal boost, according to new research
If you ever wondered why people continue to live on Coronation Street after countless car crashes, explosions and all kinds of drama, we might finally have found out why. A study into house price growth in the UK's most famous streets on TV revealed that the residents in Coronation street will have seen the largest boost in house prices over the four years.
Using ONS data, Barclays Mortage calculated how much a single brick would cost in each fictional neighbourhood in soap land. They then looked at how this price had risen over four years.
Coronation street has seen a 19 per cent jump in price over the last four years, with the average cost of brick rising from £27 to £32. Despite being the scene of endless catastrophe's including a fatal gas explosion and car crashes, house prices are still on the rise. So it seems that Corrie's residents might not just be living there for the drama.
The average price of the iconic terraced houses currently stands at £170,000. That means house prices on Coronation Street have grown ten times faster than house prices in the rest of the UK over the last four years.
However, despite Coronation Street seeing the largest house price growth, unsurprisingly EastEnders claimed the top spot as the most expensive neighbourhood in soapland.
Get the Ideal Home Newsletter
Sign up to our newsletter for style and decor inspiration, house makeovers, project advice and more.
The average house prices in East London, where EastEnders is set, stand at around £565,018. However, the cost of a brick in Albert Square has seen the biggest change, with a dramatic 27 per cent drop since 2015. But one brick alone will still set you back £109 alone.
Emmerdale experienced a similar fate, with a drop in house price of 12 per cent. That works out at an average loss of £6 per brick in the Yorkshire Dales based soap.
Hollyoaks, was the only other fictional location, alongside Coronation Street to see a growth in house prices. The town in Chester saw house prices grow by 11 per cent to an average of £207,098 in 2019.
Related: Best TVs 2019 – the top sets to buy for bingeing movies, sports, soaps and more
Why the investment prospects on Coronation Street seem tempting, we're not sure we'll be planning to join Weatherfield's there anytime soon.
Rebecca Knight has been the Deputy Editor on the Ideal Home Website since 2022. She graduated with a Masters degree in magazine journalism from City, University of London in 2018, before starting her journalism career as a staff writer on women's weekly magazines. She fell into the world of homes and interiors after joining the Ideal Home website team in 2019 as a Digital Writer. In 2020 she moved into position of Homes News Editor working across Homes & Gardens, LivingEtc, Real Homes, Gardeningetc and Ideal Home covering everything from the latest viral cleaning hack to the next big interior trend.
-
Can I use a patio heater under a pergola or gazebo? Yes, but these are the things experts want you to know first
It's possible, but you need to take some precautions
By Lauren Bradbury
-
Experts reveal running your washing machine at this time can save on your energy bills - but it all depends on your tariff
Did you know certain times of the day are cheaper than others?
By Kezia Reynolds
-
Can you sleep with an electric blanket on? Five things to consider before sleeping with an electric blanket
The expert advice you need to follow
By Zoë Phillimore