Zoopla reveals 2012 Property Premier League
16th August 2012
- Champions Man City don’t measure up so well in Property Premier League
- Chelsea in a league of its own when it comes to Property Premier League/li>
- Best property performance over last 12m around QPR, worst around Wigan
As the whistle blows to start the Premiership football season this weekend, Manchester City may be kicking off as the defending champions on the field, but in the Property Premier League Mancini’s men are firmly in the relegation zone while Chelsea are riding high.
Zoopla.co.uk, who sponsor West Bromwich Albion, analysed the average property values around each Premier League stadium and found that success on the pitch does not necessarily match that of the local property market.
Chelsea tops the 2012 Property Premier League with average home values around Stamford Bridge currently at an eye-watering £1,467,803. London-based clubs occupy the next three spots on the list with Fulham in second place, where the average pad around Craven Cottage is currently valued at £862,250. Arsenal and Queens Park Rangers complete the top four, with average property values of £544,502 and £495,491 near to their stadiums at respectively.
Those living close to the Etihad Stadium may be basking in their team’s glory following league victory last season, but local residents might be hoping for an injection of the club owner’s money into the local area. Property values around Manchester City’s stadium average just £98,088, leaving the defending champions third from bottom in the Property Premier League. Everton are bottom of the property premiership with average home values around Goodison Park standing at just £66,137.
When looking at the performance of local property values over the last season, Queens Park Rangers come out on top with average values of local properties rising 5.84% over the last twelve months. Wigan has had the worst performance over the last season with local property values falling by 8.74% on average.
Lawrence Hall of Zoopla.co.uk, said: “Millionaire footballers may live in some of the country’s most exclusive areas, but average property values around the stadiums in which they make their living are in stark contrast to WAG hotspots like Oxshott, Cobham and Alderly Edge. For fans of Manchester City, knowing that local property values are lower than the majority of their Premier League counterparts may be somewhat disheartening but diehard fans of Fulham and Arsenal might well be willing to trade a few pounds off their property values in exchange for some silverware in their club’s trophy cabinet.”
Property Premier League Table
| Rank | Club | Avg. Property Value August 2012* | Annual Change % | Annual Change £ |
|---|---|---|---|---|
| 1 | Chelsea | £1,467,803 | 2.97% | £42,330 |
| 2 | Fulham | £862,250 | 3.34% | £27,843 |
| 3 | Arsenal | £559,144 | 1.99% | £10,909 |
| 4 | Queens Park Rangers | £495,491 | 5.84% | £27,343 |
| 5 | Reading | £288,025 | 0.40% | £1,153 |
| 6 | Tottenham Hotspur | £287,821 | 2.32% | £6,529 |
| 7 | Southampton | £221,219 | 0.23% | £502 |
| 8 | West Ham United | £216,990 | 1.20% | £2,569 |
| 9 | Norwich City | £191,865 | -2.76% | -£5,442 |
| 10 | Newcastle United | £169,553 | -0.25% | -£424 |
| 11 | Manchester United | £156,956 | -1.34% | -£2,163 |
| 12 | Swansea City | £148,061 | 0.94% | £1,381 |
| 13 | Liverpool | £136,800 | -2.85% | -£4,021 |
| 14 | Wigan Athletic | £128,389 | -8.74% | -£12,293 |
| 15 | Sunderland | £126,374 | -1.59% | -£2,047 |
| 16 | Stoke City | £118,058 | -0.60% | -£714 |
| 17 | West Bromwich Albion | £111,257 | 0.43% | £481 |
| 18 | Manchester City | £98,088 | -4.19% | -£4,162 |
| 19 | Aston Villa | £94,296 | 0.20% | £186 |
| 20 | Everton | £66,137 | -2.85% | -£1,941 |
Best performing clubs in Property Premier League
| Rank | Club | Avg. Property Value August 2012* | Annual Change % | Annual Change £ |
|---|---|---|---|---|
| 1 | Queens Park Rangers | £495,491 | 5.84% | £27,343 |
| 2 | Fulham | £862,250 | 3.34% | £27,843 |
| 3 | Chelsea | £1,467,803 | 2.97% | £42,330 |
| 4 | Tottenham | £287,821 | 2.32% | £6,529 |
| 5 | West Ham | £216,990 | 1.20% | £2,569 |
Worst performing clubs in Property Premier League
| Rank | Club | Avg. Property Value August 2012* | Annual Change % | Annual Change £ |
|---|---|---|---|---|
| 1 | Wigan | £128,389 | -8.74% | -£12,293 |
| 2 | Man City* | £98,088 | -4.19% | -£4,162 |
| 3 | Everton | £66,137 | -2.85% | -£1,941 |
| 4 | Liverpool* | £136,800 | -2.85% | -£4,021 |
| 5 | Norwich | £191,865 | -2.76% | -£5,442 |
* Where team name is same as stadium location, average property values in the relevant area have been used. Where team name does not correspond to a location, average property values in area where the relevant stadium is located has been used.
- Ends -
For further information, please contact PR Team on pr@zoopla.co.uk or +44 (0)20 3873 8770.
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