Saturday, 18 August 2012

House prices soar near football grounds - Channel 4 News

House prices soar near football grounds - Channel 4 News

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.
Prices close to the stadium of league champions Manchester City saw by far the biggest increase.
Homes within the postal district of Etihad Stadium soared by an average of 271 per cent, almost double the rise in prices close to Aston Villa's ground, the second best-performing Premier League postal district.
Sunderland recorded the third biggest rise, followed by Swansea City.
Newcastle United finished bottom of the house price table, with the value of nearby properties dropping by 7 per cent since 2002, the study shows.
'11 times earnings'
Homes close to Premier League grounds were worth £362,866 on average by 2012, rising in value by around £404 a week since 2002 to reach almost 11 times gross average annual earnings.

No comments:

Post a Comment