Homes located close to Premier League football grounds are soaring in value, according to a new study.
A survey conducted by online estate agent Purplebricks showed that properties on the doorstep of the most popular clubs are worth around 40% more than the national average. Overall, the price of property located near major football stadiums jumped 8.7% – from £284,970 to £309,870 – compared to this time last year. The UK national average property price is £216,750.
Homes near Stoke City's Bet365 Stadium grew by around 22% over the last year, which was the largest rise among the 20 clubs. The Purplebricks study shows that Tottenham came top among London clubs, with prices up 12.1%, followed by Chelsea at 10.9%, then Arsenal 10.1%, and West Ham, 9.4%.
The one area where property prices bucked the soaring trend was Liverpool, down 6.41% on the year as the area awaits a massive redevelopment around Anfield.