Salford enjoys property boom following BBC’s move to the city

The high profile move of the BBC to Salford has led to a massive property boom in the city, with house prices rising four times quicker than anywhere else in the country.

Salford enjoys property boom following BBC’s move to the city

BBC's move to Salford fuels property boom.

The average home in Salford is now worth £91,508, up 6.8 per cent on a year ago - the largest price increase in any part of Britain outside the capital.

House prices in the North West averagely fell by 3.5 per cent, adding to the evidence that the Salford property market has been buoyed by the arrival of the BBC at the MediaCityUK complex.

Over 2,000 BBC staff have now moved to Salford and many of the channel’s programmes are filmed in the media centre, located in Salford Quays.

ITV also recently completed a move to set up home at MediaCityUK and already broadcast programmes such as Granada Reports from the media hub; they also have planned to completely re-build the set of Coronation Street in Salford Quays.

We are located in Salford Quays and have directly seen the effect of the media giants’ move to Salford – one of our developments X1 Salford Quays, which is a 60-unit project, has already nearly sold out, after only being on the market for seven months.

Our latest development in Salford – Chapel Street, has just been launched and we advise investors to take advantage of the current boom in Salford, by investing in this new opportunity.

*This article has been adapted from Mail Online.

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