Chelsea tops property Premier League

 

Simon Read
Friday 16 August 2013 17:40 BST
Comments
House prices near Chelsea's Stamford Bridge are really kicking on
House prices near Chelsea's Stamford Bridge are really kicking on (Getty Images)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

If the Premier League was based on average house prices, Chelsea and Fulham would be joint champions, Arsenal and Tottenham would take the remaining Champions League places, and West Bromwich Albion, Hull City and Stoke City would be relegated.

Research by the Nationwide shows that while the average house prices around Chelsea's Stamford Bridge and Fulham's Craven Cottage, which share the same postcode, total £601,414, the average house price around the three relegated teams' stadia is less than a quarter as much.

The average house around West Brom's The Hawthorns will cost £136,884. That shrinks to £129,641 for a house near the KC Stadium in Hull. Stoke City come bottom of the league with the average house price around the Britannia Stadium at £127,335.

Richard Napier of the Nationwide said: "Of the 20 locations containing a Premier League ground, more than half have seen growth in house prices over the last year, with the area around West Ham's Upton Park posting the most significant growth, after benefitting from the Olympic effect."

Last week, the Halifax said the club with the biggest property price growth over the last decade was Manchester City, with the average home near the Etihad Stadium climbing 259 per cent. The area around newly-promoted Hull City's KC Stadium saw the second biggest increase with a rise in average prices of 162 per cent.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in