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Back of the net: Crystal Palace tops Premier League property table

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
04/08/2015

Premier League may not return until the weekend, but Crystal Palace can already celebrate winning the property Premier League.

Data compiled by Nationwide showed that prices for properties located near Crystal Palace’s Selhurst Park ground had risen faster than any other side.

Property prices in that part of south London grew 17% in the last year to reach an average of £341,309.

Fellow London side West Ham United saw the next biggest rise, with prices close to its Upton Park home growing 16% to £374,702.

Watford and Norwich City were next in the table, with prices growing 10% and 9% respectively. Houses near Vicarage Road are now worth an average of £404,224 with properties close to Carrow Road valued at £232,054.

Sunderland propped up the table and was the only club to see prices fall. Property values close to the Stadium of Light dropped 4% in the last 12 months, now averaging £150,552.

The bottom three was completed by Stoke, where prices were flat compared to a year ago, and Manchester United, whose local area saw 1% price growth.

Alan Oliver, Nationwide’s head of external affairs, said: “Our latest figures once again show that success on the pitch doesn’t always mean high house price growth. The prime example is Manchester Utd – top four in the Premier League but relegation zone in the house price equivalent. In fact, half of the teams in the top ten of the ‘House Price Premier League’ finished in the bottom half of last season’s Premier League.

“The data also shows that areas containing Premier League football stadia are not immune from the wider national house price picture as annual growth rates are down. Across the UK, the annual pace of house price growth continues to slow – a trend that has been in evidence since mid-2014. In fact, in our most recent regional report, eleven of the thirteen UK regions saw a slowdown in annual rate of growth in the second quarter of 2015.”

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