TV programmes about Cornwall and Devon lead to surge in house prices

The plethora of TV programmes about Cornwall and Devon, has led to a surge in house prices.

Rightmove says that the small Cornish town of Looe saw weekly buyer searches jump 176% year-on-year, followed by Padstow (+154%) and St Ives(+123%).

Fowey (+121%), Ilfracombe (+121%), Woolacombe (+105%), and Salcombe (+101%) also saw huge annual rises in buyer searches, meaning that places in Devon and Cornwall account for seven of the top 10 locations in terms of year-on-year increases.

Rightmove’s Director of Property Data Tim Bannister said: “As a nation we’re fascinated with property, but what’s really interesting about this research is that it clearly shows the link between home-hunters’ searches and their everyday lives. People are watching TV shows such as The Bay and then scrolling through Rightmove on their devices to see what’s available, and that’s why we’ve seen such a big spike in interest for property in Morecambe. The same is true of Devon and Cornwall. There’s a number of Cornwall-focused lifestyle shows on TV at the moment and it’s hard not to get swept away dreaming about a life in the south west. We already know that rural and seaside areas are rising in popularity, so it’s a trend that bodes well for sellers in these locations.”

Andrew McKnight, Managing Director of MAP Estate Agents in Cornwall, said: “I’ve worked in estate agency for 30 years and the December we’ve just had was the busiest December I’ve ever seen in terms of market activity. That demand has definitely carried through to January and we’re absolutely still seeing high levels of interest for property across the county.

“It’s been a busy start to the year, but demand is still very much outstripping supply. Quite understandably, sellers are probably holding off until things get back to some semblance of normality.

 “Cornwall has always been a destination that people have aspired to move to and live in. I was born in London and moved down here in my teens and I’ve never gone back. There are so many things that you can do down here that are hard to find elsewhere. No matter where you live you’re only a 10-minute drive from a beach; we’ve got lovely fresh air and lovely walks, milder weather, and the quality of life is incredible.

“Whenever I turn on the TV there is a programme about Cornwall. Whether it be a fishing show or a cooking show, or Poldark, there is national interest in the county and TV companies wouldn’t be making these shows if people weren’t interested in the way of life down here.”

 

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