News

Cambridge & Norwich both listed in UK’s Top 25 creative cities

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