House price boom for EastEnders in Albert Square

This house price inflation has outperformed the most popular purchase on the Square, with the cost of a pint in the Queen Vic increasing just 206% over the same period, from 93p to an average of £2.83 today.

Properties on the Square, which is celebrating its 25th anniversary, are 515% more expensive than in rival soap Coronation Street.

While EastEnders has the most expensive houses, it is Coronation Street that has seen the biggest house price appreciation in the time the ITV soap has been running.

The Street, which turns 50 this year, has benefited from house price inflation of 7369%, with the average house in 1960 costing just £1514 compared to today’s average of £111,581.

According to FindaProperty, Pat Evans/Butcher has the most expensive house on Albert Square, with number 31 valued at £847,821.

The tardis-like property currently houses seven people; Pat Evans, Ricky Butcher, Bianca Jackson and her children Whitney, Liam, Tiffany and Morgan. The house was left to Pat in the will of her former employer, gangster Andy Hunter.

Nigel Lewis, property expert at FindaProperty.com, said the East End of London had become increasingly more desirable.

"Attracted by the convenient location and the more affordable house prices compared to West London, City workers have drifted further East and parts of this location have now been gentrified with trendy clubs, wine bars and restaurants," he said.

"Addresses like Albert Square remain sought-after places to live for the sense of community enjoyed by the residents, in addition to easy access to local amenities and transport links.

"EastEnders are winning in the property stakes, with house prices set to increase further still with the knock-on effect of the 2012 Olympics."

Albert Square property facts:

* Pat Evans/Butcher is the person who has lived in the greatest number of residences throughout EastEnders history;
* Ian Beale is the only property millionaire on the Square and currently owns the most properties – his main family residence is 45 Albert Square;
* Beale also owns 55 Victoria Road (his former residence, he is now renting this out to unknown occupants), 15a Turpin Road (flat above Beale’s Plaice chip shop, is being rented to his brother-in-law Christian Clarke) and 89 George Street (flat was being rented to Amira before her wedding to Syed, currently empty);
* 3 Albert Square is the most lived in address. This was owned by Tony Carpenter in 1985 and has since been split into three flats. The current residents of flat 3a are: Minty Peterson, Darren Miller, Manda and Adam Best;
* 43 Albert Square has had the second highest number of residents and was originally owned by Andy O’Brien abd Debbie Wilkins. This was also subsequently converted into flats;
* Flat 43a is currently rented in by Janine Butcher and Ryan Malloy. Flat 43b is rented by Shirley Carter and Heather Trott alongside her baby son George;
* 45 Albert Square is the only house that has always been owned by the same family, the Beales and Fowlers;
* 46 Albert Square is the Queen Vic and was originally lived in and run by Den and Angie Watts;
* The large flat above the pub is currently home to the Mitchells. However, following the recent murder of Archie Mitchell, it is unlikely this property would attract many interested buyers in the current market.
* Albert Square is based on Fasset Square in Dalston London E8. 

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