Creative Regions, a new report from CBRE , showcases the Top 25 Regional Creative locations in the UK [outside of London] – including Cambridge and Norwich.
Its ranking is calculated through a weighted analysis of fifteen metrics covering employment, demographics, costs and real estate measures across 64 different urban areas in the UK, outside of London.
Key findings from the report reveal:
- The average house price in Norwich is £204,000 with 45% of employees having a degree or higher
- Cambridge’s average house price is £429,178, with 62% of employees having a degree or higher
- Manchester tops the ranking as the leading UK regional creative talent market
- Scotland features particularly well with Edinburgh and Glasgow in the top 5
- 11 of the top 25 creative talent locations are in the East and South East
- Fuelled by the addition of thousands of new jobs in the last three years, the Creative sector has steadily increased its share of UK office space take-up outside London from 9% in 2013 to 15% in 2015 and 2016
- Top 25 towns and cities identified in this report are best positioned to benefit from and to nurture future growth in the creative sector
Download the full report here
"As we are seeking to grow our automotive business in Norfolk, the development of Technology Park combined with the link to the Cambridge Norwich Tech Corridor can only strengthen our local position which we welcome"
Aslam Farikullah, Group Lotus
"‘The Cambridge Norwich Tech Corridor shows real vision and I applaud the partnerships role in leading the development of this strategic economic development initiative"
Simon Coward, Hethel Innovation