A rise in the value of houses around York's new Millennium Bridge is being enjoyed by lucky homeowners - while others are considering moving amid fears of a crime increase.

The innovative structure is set to be launched and secured across the River Ouse tomorrow, but it has already made an impact on both sides of the water.

Estate agents are reporting a marked increase in the value of houses on the South Bank, while one firm says at least two of its clients on the Fulford side of the river are hurriedly looking to move because their cul-de-sac is being opened up by the approach to the bridge.

Jane Paver, manager of Langley's estate agents, said: "House prices are definitely up, but I have also seen the other side of the coin. I've just come back from seeing one elderly couple who've lived on Maple Grove for 21 years and are concerned about break-ins because they know a lot more people will be passing through their cul-de-sac once the bridge is in place."

But Kevin Hollinrake, a director at Hunter's estate agents, said the picture is very different on the South Bank.

"The Millennium Bridge will have a big impact for South Bank residents, and to a certain extent for those in Fulford.

"The main benefit will be for those wanting to walk or cycle to the university. And the bridge and its landscaped area will enhance the quality of residential life, adding to Rowntree Park and other picturesque spots.

"A typical two-bedroom terrace on Finsbury Street has recently been sold for £70,000, when under normal circumstances it would have fetched between £65-67,000."

The bridge contractors expect to begin installing the bridge at 11am tomorrow.