Highland Property Prices Lag England's, But TV Show May Boost Demand
What happened
Property experts found that average house prices in the Scottish Highlands are 25% lower than in England. Separately, a property cash buyer company suggests that interest generated by the reality TV show Celebrity Traitors, which is filmed in the Highlands, could boost visitor and investor interest in the area.
Why it matters
The lower property values in the Highlands contrast with the potential for increased demand driven by media exposure. This media interest could potentially impact accommodation prices and drive tourism revenue for the region.
The Guardian is reporting on the current state and trends within the English property market.
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
Keep exploring
Part of
The Guardian is reporting on the current state and trends within the English property market.Also in this story
- TAB and Together report on semi-commercial property market trends and rising mortgages in England.
- The London market is showing an annual price decline.
- ONS reported on rental growth rates in London, and South East was noted as the slowest region.
- Rightmove reports on the current state of the UK property market, noting price drops and the inclusion of London.
The entities involved
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Highland
council area in the Scottish Highlands
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London
capital and largest city of England and the United Kingdom
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England
country in north-west Europe, part of the United Kingdom