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British Housing Prices Dancing To The Music

LONDON (CelebrityAccess MediaWire) — Britons living near one of the many music sites in the U.K. may suffer through rattling windows and buzzing bass guitars each summer, but it seems that their proximity to the weekend scenes may be worth the trouble.

A British report by mortgage company Rightmove recently showed that the location of these festivals may have a beneficial effect on their neighbors and housing prices in the area.

The report shows that areas known for their music events, including Chelmsford in Essex, home to the V Festival, and Reading, home the Reading Festival, have seen prices rise sharply over the past year.

“One of the great things about Glastonbury and other festivals is that people see the beauty of areas they may never have visited before and actually experiences the local surroundings and journey time first-hand,” Rightmove commercial director Miles Shipside commented.

So next time you’re locking the windows mid-summer in a desperate attempt to hide from the noise, you may want to stop and thank those muddy music fans and boisterous rock bands for helping to bring up the neighborhood. –by CelebrityAccess Staff Writers