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Premier League Clubs boost House Prices

Research from Halifax has shown that owners of houses in the same districts as Premier League Football clubs have benefited from a rise in value of their property of 137pc over the last 10 years.

This rise equates to adding £404 to the average house per week for a period of 10 years.

House prices over the last year have fallen dramatically in some areas, but those in the same district as top flight football teams have appreciated by 1.3pc, keeping the figures more respectable. But there are big variations as to the amount of value added for clubs in different parts of England.

Four out of the five postal districts which have experienced the sharpest rises in value over the last 10 years are in areas where a new stadium has been built in the last 15 years. And one of those clubs, Manchester City who are the current champions, saw by far the biggest rise in value, with 271pc being added to the price of homes in the same district as the Etihad Stadium.

Housing around Clubs from London has benefited hugely too, with all five of the least affordable postal districts located in the capital. Houses in SW9, the district around Chelsea FC and Fulham FC top the list, with the districts around Queens Park Rangers FC and Tottenham Hotspur FC, following close behind. On the other hand, houses in L4 – the district of the homes of both Liverpool FC and Everton FC, are the most affordable in the UK.

Martin Ellis, housing economist at Halifax commented: “House prices close to the nation's most iconic football stadiums have risen substantially over the past decade, particularly in the areas near to some of the newest venues. This partly reflects the local regeneration that typically takes place alongside the building of modern sporting arenas, including improved transport links”.

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