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And the winner is…. rising house prices in famous movie locations

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
06/02/2015

Areas of the country featured in hit films The Theory of Everything and The Imitation Game have seen house prices rise more than other famous movie locations, research has found.

Ahead of the BAFTA Awards on Sunday, Halifax has analysed the housing markets of areas which played a starring role in famous British films.

Prices in Cambridge, where The Theory of Everything is set, have risen 26% since 2009 while houses in Milton Keynes, home of The Imitation Game, have leapt 25%.

Shaun of the Dead’s London locations have seen prices jump 24% in the same period.

Outside of southern England, Trainspotting’s Glasgow setting has seen house prices increase 20% while Sheffield, home of The Full Monty, has seen values grow 13%.

However, having a film set in your local area does not guarantee rising house prices, with only seven of the 20 films analysed outpacing the regional average.

Martin Ellis, housing economist at Halifax, said: “This light-hearted look at property prices around the settings of some of the UK’s best known films of the past few decades shows that this year’s two leading contenders for awards are also outstanding in terms of house price performance. The two have outperformed all others in the past five years and are in the top five over both the last ten and 20 years.

“More generally, there is a mixed picture with some of the Scottish locations faring less well although the area that formed the setting of Local Hero is number one over the past decade.”

Film House Prices based on area Region Average House Prices 2009 £ Average House Prices 2014 £ Area 5 Year % change Region 5 Year % change
The Theory of Everything Cambridge East Anglia 254,205 320,228 26% 17%
The Imitation Game Milton Keynes South East 196,181 245,072 25% 22%
Shaun of the Dead London SE14, London N8 Greater London 358,923 446,101 24% 42%
Trainspotting Glasgow G20, Glasgow G46 Scotland 135,651 163,109 20% 8%
Local Hero Aberdeenshire Scotland 181,067 216,749 20% 8%
Saturday Night Sunday Morning Nottingham East Midlands 125,364 145,570 16% 15%
Full Monty Sheffield Yorkshire & the Humber 130,001 147,492 13% 13%
This is England Nottingham NG3, Grantham NG33 East Midlands 120,908 135,613 12% 15%
Human Traffic Cardiff Wales 158,328 177,559 12% 10%
Quadrophenia Brighton BN2 South East 237,464 262,843 11% 22%
Get Carter Newcastle Upon Tyne North 139,669 154,360 11% 13%
Shirley Valentine Liverpool North West 132,187 145,689 10% 13%
Chariots of Fire St Andrews Anstruther Leven KY9 Scotland 193,741 212,818 10% 8%
Submarine Swansea Wales 132,815 144,259 9% 10%
Wish You Were Here Worthing Bognor Regis South East 200,310 215,752 8% 22%
Kes Barnsley Yorkshire & the Humber 107,134 114,050 6% 13%
Railway Children Keighley BD22 Yorkshire & the Humber 132,592 131,047 -1% 13%
Blue Juice /Saving Grace Cornwall South West 195,648 192,408 -2% 9%
The 39 Steps Thornhill, Sanquhar, Dumfries Scotland 127,395 121,396 -5% 8%
Gregory’s Girl Glasgow_G67, Glasgow_G68 Scotland 119,831 111,734 -7% 8%
UK 173,871 210,242 21%