In Hovis’s birthplace in Macclesfield house prices average at £261,000, outperforming prices (£146,000) in Warburton’s home town of Bolton by £115,000. Both areas have seen annual price increases of 1% in the last year.
e.moov also assessed the gaping South/Midlands divide between the Cornish pasty and the pork pie. Cornwall has a higher average house price (£246,581) than Melton Mowbray (£230,282), although the latter’s house prices have risen by 6% compared to 2% in Cornwall.
In terms of sweet treats the Chelsea bun runs away with it with prices in excess of £2m despite seeing prices drop by 3% on an annual basis. Second on the list is the Eton mess (£647,229), followed by the Bakewell tart (£365,000) and the Bramley Apple Pie (£333.600), where prices have risen by 6%, 1% and 7% respectively.
They’re closely followed by the Welsh cake (£167,795) and propping up the table is the Eccles cake, with an average house price of just £147,736 in Manchester.
Russell Quirk, founder and chief executive of eMoov.co.uk, said: “It’s funny how well these British favourites reflect the property markets in their home towns. Although the Chelsea Bun is delicious, it’ more prestigious image and newfound popularity has pushed up the price.
“The humble Bramley apple pie on the other hand is simple but appealing. Although the appetite for property in Macclesfield may be slightly less, the high increase in house prices highlights the growing demand in the area.”
