Housing Prices Soar Near Football Grounds – Home Extensions West London

Housing Prices Soar Near Football Grounds – Home Extensions West London

Housing Prices Soar Near Football Grounds - Home Extensions West London

Housing Prices Soar Near Football Grounds – Home Extensions West London

On the opening day of a new football season, a study finds that housing prices near Premier League football clubs have increased faster than average over the past decade.
House prices in the postal districts of the 20 clubs increased by 137 per cent, or £209,975, on average over 10 years, compared with a 90 per cent rise across England and Wales, according to Halifax.

Despite the sluggish market of recent years generally, housing prices in Premier League postal districts rose by an average of 1.3 per cent over the past year, in sharp contrast to a 2.7 per cent fall seen across England and Wales.

The London postal district of SW6, home to both Chelsea and Fulham football clubs, is the least affordable Premier League district with an average housing prices of £749,530, around 14 times average earnings.

Housing prices within the postal district of Manchester City’s Etihad stadium, opened in 2002 as the Commonwealth Games stadium, have more than trebled, rising 350%, over the past ten years. This is significantly greater than the house price increases recorded in any of the other Premier League stadium postal districts.

Halifax said that four of the five Premier League postal districts with the biggest house price increases are home to stadiums built in the last 15 years.