Wolves top the house price Premier League

by Property 118

10:21 AM, 11th September 2020
About 7 days ago

Wolves top the house price Premier League

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Wolves top the house price Premier League

It may seem like it just ended, but the Premier League returns this weekend. While there’s a long road ahead before the champions are crowned, estate agent comparison site, GetAgent.co.uk, has revealed which teams take the top spot for buoyant house price growth. They pulled house price data surrounding every Premier League stadium to look at current house price pedigree as well as the most significant property market improvements since last season.

Current Property Prices

Where current house prices are concerned, the top four predictably consists of London-based teams.

Chelsea and newly promoted Fulham share the bragging rights, with both Stamford Bridge and Craven Cottage located within the SW6 postcode and home to the highest average house price in the Premier League (£875,361).

Arsenal (£533,741) and Spurs (£438,788) complete the top four, while Brighton (£406,059) is the most expensive club outside the capital, with Crystal Palace (£345,937) taking the sixth spot.

However, a strong team sheet doesn’t guarantee success.

Biggest House Price Increases

Where house price growth is concerned, Wolves are on the best run of form of all teams in the Prem. House prices in the WV1 postcode, home to Molineux, have increased by 22% in the last year; the biggest increase in the league.

Man United (+21%), Liverpool and Everton (20%) have also secured Champions League house price growth since last season, while newly-promoted Leeds (+12%) and West Brom (11%) reach the Europa League group stages and qualifiers.

Unfortunately, not all newly promoted teams have fared as well. Burnley bounces straight back to the Championship with house prices in Turf Moor’s BB10 postcode falling by -13% in the last year.

Perhaps more surprisingly, Brighton (-7%) and Arsenal (-4%) join Burnley in the relegation zone, while Newcastle (-3%), Manchester City (-2%) and Southampton (-1%) have also seen house prices decline since last season.

Founder and CEO of GetAgent.co.uk, Colby Short, commented:

“A very alternative Premier League table and one that is unlikely to materialise where sporting prowess is concerned. However, it does demonstrate the diversity of the property market and how high prices don’t necessarily result in positive house price growth.

While London is home to the biggest hitters for overall value, they’ve certainly trailed behind the more affordable locations for price growth since last season. It’s also a pretty lousy time to be a Burnley fan. Despite promotion, the club is home to one of the lowest average house prices and the largest decline over the last year.”

Rank Team Stadium Postcode Average House Price Annual change %
1 Wolverhampton Wanderers Molineux Stadium WV1 £135,604 22%
2 Manchester United Old Trafford M16 £215,903 21%
3 Everton Goodison Park L4 £103,473 20%
4 Liverpool Anfield L4 £103,473 20%
5 Leeds United Elland Road LS11 £129,704 12%
6 West Bromwich Albion The Hawthorns B71 £186,622 11%
7 Chelsea Stamford Bridge SW6 £870,948 8%
8 Fulham Craven Cottage SW6 £870,948 8%
9 Leicester City King Power Stadium LE2 £256,021 5%
10 Aston Villa Villa Park B6 £133,867 3%
11 Tottenham Hotspur Tottenham Hotspur Stadium N17 £438,788 3%
12 West Ham United London Stadium E20 £437,059 2%
13 Sheffield United Bramall Lane S2 £112,918 2%
14 Crystal Palace Selhurst Park SE25 £345,937 0%
15 Southampton St Mary’s Stadium SO14 £201,043 -1%
16 Manchester City Etihad Stadium M11 £134,960 -2%
17 Newcastle United St James’ Park NE1 £152,504 -3%
18 Arsenal Emirates Stadium N7 £533,742 -4%
19 Brighton & Hove Albion Amex Stadium BN1 £406,059 -7%
20 Burnley Turf Moor BB10 £121,333 -13%
House prices sourced from PropertyData

 



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