Research has found a “modest positive correlation” between higher numbers of street art murals and property prices.
An article published by the business Bromleys Art Supplies compared the number of street art murals to average house prices in 2024 across 28 UK cities, finding a correlation of 0.35.
“While other factors — not limited to healthcare facilities, employment opportunities and transport options — undoubtedly play more significant roles in influencing house prices,” the article says, “this trend underlines how important the local culture and arts scene is to prospective buyers”.
The research also found that Portsmouth was the UK city with the highest concentration of street art, with 7.9 artworks per square mile.
Belfast and Nottingham were in second and third position, with 6.8 and 6.5 artworks per square mile respectively.