Friday, 9 August 2013

The Premier League of Property revealed

MANCHESTER United may be the reigning Premiership champions but in the Premier League of Property they are firmly mid-table.

As the Premiership season approaches House Price UK has unveiled the Property Premier League table - revealing the house prices in the streets around the stadiums of the top division's 20 sides.
It will come as no surprise to see London dominating  - taking the top six places when it comes to average house prices.
Fulham come top the pile thanks to their position in the swanky West End of London.
Average prices around the ground are a whopping £677,161 - narrowly pipping Arsenal to the title with Chelsea coming in third.
Manchester United come eighth in the table with average homes in their district at   £170,801 although they have the consolation of finishing well above their city rivals at the Eitiad Stadium.
In the relegation zone Merseyside rivals Liverpool and Everton occupy the bottom two places with the Blues propping up the table with average prices at £71,955 - more than £600,000 less than the table toppers at Craven Cottage.
But Fulham can't sit on their laurels as House Price UK will track the fastest growing areas over the next 10 months - crowning the champions in May.
Richie Richards, from @HousePriceUK, said: "The top positions of the Property Premier League were always going to be dominated by the London clubs. I expected a two horse battle between West London clubs Fulham and Chelsea given their prime postcodes so I was surprised to Arsenal edge ahead of their rivals in Stamford Bridge.
"The table highlights the gulf in prices in London with average homes around Crystal Palace's Selhurst Park a full £450,000 cheaper cheaper than those in the vicinity of Fulham's Craven Cottage.
"At the other end of the table Merseyside giants Everton and Liverpool are playing in a different league, scraping just above the £70,000 mark.
"The good news is that there is everything to play for over the next 10 months. The champions will be decided by which club sees the biggest percentage rise in house prices between now and May.
"While London's prices have rocketed over the past 12 months it could now be the chance for other regions to play catch up with a traditional lag between price movement in the capital and the rest of the UK.
"Most regions are covered in the Premier League mix this year from Southampton on the South coast to Newcastle in the North, Swansea in the West to Norwich in the East.
"The success or failure of teams will reflect how that region has performed over the season.
"Like the actual Premiership it is hard to predict a winner and I expect it to be a close run thing.
"The champion will be revealed on @housepriceuk and housepriceuk9.blogspot.co.uk next May. Good luck to all the teams."

Property Premier League (position, team, postcode, average sold prices, increase/decrease)

1: Fulham, SW6 6NP, £677,161, up £45,743 (7.4%)
2: Arsenal, N5, £645,467 up £19,398 (3.1%)
3: Chelsea, SW6 1HS, £541,642, up £36,490 (7.25%)
4: Tottenham Hotspur, N17, £236,894, up £4,905 (2.11%)
5: West Ham United, E6, £226,364, up £3,057 (1.37%)
6: Crystal Palace,  SE 25, £222,274 up £9,200 (4.32%)
7:Southampton, SO14, £173,714, down £2,699 (-1.53%)
8: Manchester United, M16, £170,801, up £218 (0.13%)
9: Cardiff, CF11, £168,165 up £1,085 (0.64%)
10: Norwich City, NR 1, £165,591, up £260 (0.16%)
11: Newcastle United, NE 1, £140,028, up £299 (0.21%)
12: West Bromwich Albion, B71, £123,804, up £1,052 (0.86%)
13: Swansea City, SA 1, £111,409, down £3,852 (3.34%)
14: Stoke City, ST4, £108,602, up £581, (0.54%)
15: Manchester City, M11, £98,175, up £657 (0.67%)
16: Aston Villa, B6, £92,956 up £1,067 (1.16%)
17: Sunderland , SR5, £89,624, down £6,446 (-6.7%)
18: Hull City, HU3, £78,573, up £3,450, (4.5%)
19: Liverpool, L4 Anfield, £74,866, up £1,415 (1.95%)
20 Everton, L4, £71,955, up £1,556 (2.21%)


Figures from Zoopla's ZED Index. The Zed-Index is the average property value in a given area based on current Zoopla Estimates. 


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