Blame it on Morse
January 24, 2007 by admin
Filed under News, News-Mortgages
The price of a home in Oxford has shot up since the first series of TV show Inspector Morse was broadcast 20 years ago.
That is according to research by Halifax, which says that the region has consistently outperformed regional and national averages.
A house in Oxford will now cost an average £304,467, an increase of 388 per cent since 1986, the year before Morse was first aired.
House prices in Oxford now stand at 70 per cent higher than the national average, an increase on the 56 per cent difference which existed 20 years ago.
Figures show that Oxford is now the third most expensive area in the UK, behind London and St Albans.
This is another signal of the region’s growth, as it was ranked 59th back in 1986.
“The premium between house prices in Oxford and the UK average has increased over the 20 years since Inspector Morse first appeared on our TV screens. The average price in Oxford is now 70 per cent above the national average,” said Martin Ellis, chief economist at Halifax.
Inspector Morse first came to our screens with an episode called The Dead of Jericho, taking its name from the historic part of Oxford.
House prices in Jericho are now the most expensive in the city.
