Despite just missing out on the Premier League last season, new research has revealed that Tottenham Hotspur are champions when it comes to house price growth.
Since 1997, the average home value in the postal district surrounding Tottenham Hotspur’s stadium has risen over seven and a half times (655%), from £59,638 in 1997 to £450,104 in 2017.
West Ham United were runners up with house price growth of 611% to £330,459 in the last 20 years.
Halifax researched prices of properties near the grounds of all 49 football clubs that have played in the Premier League since 1992 over the past 20 years.
Martin Ellis, Halifax housing economist, said: “As we welcome the 26th Premier League season, it appears that success on the field has rubbed off on property prices in the areas surrounding the grounds of many of the nation’s top flight clubs.
“In the last 20 years, average house prices immediately outside some of the country’s top clubs have seen rises that far outstrip the country as a whole, with some areas also benefiting from the associated infrastructure improvements that come with clubs moving to new stadiums.”
The average house price for all 49 past and present Premier League football clubs has risen by an average of 326% since 1997 to £318,324 in 2017.
Current Premier League sides have performed better than those relegated with a rise of £234,226 (336%) compared to £249,709 (320%), although both outpace the average growth of £207,230 (283%) for England & Wales as a whole.
Charlton Athletic, with growth of 583% (equivalent to £396,206), has the highest for a club no longer in the top flight.
The top 20 clubs in terms of house price growth are split evenly between previous and current Premier League sides.
Last year’s Premier League champions Chelsea take the title for the most expensive area to live, with an average house price of £1,108,649 for homes around Stamford Bridge. North London rivals Arsenal (£763,401) and Tottenham Hotspur (£450,104) are in second and third place respectively.
At the opposite end of the table, homes in the area close to the grounds of Liverpool and Everton have an average price of £76,072 – 14 times less than top of the table Chelsea.
Highest growth in house prices of Premiership teams
| Club | Premier League Status | Total Seasons | Average House Price 1997(£) | Average House Price 2017 (£) | 20 year % Change |
| Tottenham Hotspur | Current | 26 | 59,638 | 450,104 | 655% |
| West Ham United | Current | 22 | 46,448 | 330,459 | 611% |
| Charlton Athletic | Past | 8 | 68,002 | 464,208 | 583% |
| Queens Park Rangers | Past | 7 | 108,702 | 704,042 | 548% |
| Chelsea | Current | 26 | 177,565 | 1,108,649 | 524% |
| Fulham | Past | 13 | 177,565 | 1,108,649 | 524% |
| Wimbledon | Past | 8 | 106,022 | 654,141 | 517% |
| Watford | Current | 5 | 59,839 | 365,209 | 510% |
| Crystal Palace | Current | 9 | 53,651 | 327,074 | 510% |
| Manchester City | Current | 21 | 20,510 | 123,351 | 501% |
| Brighton & Hove Albion | Current | 1 | 66,516 | 399,127 | 500% |
| Arsenal | Current | 26 | 128,656 | 763,401 | 493% |
| Manchester United | Current | 26 | 41,641 | 200,729 | 382% |
| Norwich City | Past | 8 | 45,586 | 213,835 | 369% |
| Reading | Past | 3 | 111,695 | 474,821 | 325% |
| Ipswich Town | Past | 5 | 49,077 | 198,748 | 305% |
| Bournemouth | Current | 3 | 76,000 | 297,042 | 291% |
| Cardiff City | Past | 1 | 50,698 | 195,901 | 286% |
| Nottingham Forest | Past | 5 | 68,499 | 262,247 | 283% |
| Portsmouth | Past | 7 | 59,359 | 223,428 | 276% |
| All Football Club Averages1 | 74,733 | 318,324 | 326% | ||
| England and Wales | 73,129 | 280,359 | 283% |
Source: Land Registry
Loading ...