Watford Tops 2015/2016 Property Premier League
16th May 2016
- Properties in Watford have risen in value by 6.22 per cent (£19,519) on average over 2015/16 football season
- Tottenham and West Ham finish in second and third place rising by 3.88 and 2.81 per cent respectively
- Manchester City placed last with average property decreasing in value by 5.96 per cent (-£7,076)
- Newly-crowned champions Leicester City placed just eighth in the Property Premier League with an average decrease in value of 0.38 per cent (-£795)
With the football season coming to an end for another year, property website Zoopla’s Property Premier League reveals which teams have been crowned the winners in the property value stakes. Despite coming in 13th place for its footballing achievements, Watford tops the list with a league-leading 6.22 per cent (£19,519) average increase in property values since the start of the football season last August. Surprise league champions Leicester City, meanwhile, couldn’t repeat their recent table-topping feats, but still finished in a respectable eighth place.
Zoopla analysed the change in value of the homes in the outcodes (the area immediately surrounding) of each Premier League club since the start of the season (August 2015) and charted them based on their change in value. Tottenham Hotspur placed second with property prices rising by an average of 3.88 per cent (£12,158), closely followed by West Ham at 2.81 per cent (£9,014).
Meanwhile, at the foot of the table there was further misery for Newcastle. After having their relegation confirmed on Wednesday night, the city finished near bottom (18th) of the Zoopla Property Premier League, with property prices falling by an average of 3.67 per cent since the start of the season (£6,137). However, it was the notorious big spenders at Manchester City that landed in last place with an average decrease of 5.96 per cent (£7,076), below Stoke City at 4.10 per cent (£5,038).
Despite placing higher than Manchester City in the league at 17th, Chelsea fell most in terms of monetary value, as properties in SW6 decreased by an average of £38,356 (3.22 per cent). And after a disastrous 2015/16 footballing season, property prices in Aston Villa were the most stagnant, with an average growth rate of just 0.06 per cent – an increase of just £65.
Lawrence Hall, spokesperson for Zoopla comments: “Leicester might have topped the league in the beautiful game this season, but it’s the booming commuter-belt appeal of Watford that has secured the Hornets the top spot when it comes to increases in property values in recent months. London clubs for the most part have also held their value well, with property in the capital in huge demand but largely unaffordable to many trying to get onto the property ladder. We will have to wait and see whether Leicester’s surprise success this season translates into a property boom over the next twelve months...”-ENDS-
Property Premier League 2015/2016
|Position||Club||May 2016 avg property value||% change||£ change||League Position|
|2||Tottenham Hotspur (N17)||£325,628||3.88%||£12,158||2|
|3||West Ham United (E13)||£330,056||2.81%||£9,014||6|
|5||Crystal Palace (SE25)||£309,957||1.34%||£4,102||14|
|6||Norwich City (NR1)||£201,739||0.95%||£1,906||19|
|7||Aston Villa (B6)||£107,540||0.06%||£65||20|
|8||Leicester City (LE2)||£211,167||-0.38%||-£795||1|
|9||West Bromwich Albion (B71)||£140,156||-0.94%||-£1,327||15|
|14||Swansea City (SA1)||£122,137||-1.83%||-£2,282||11|
|16||Manchester United (M16)||£196,818||-2.68%||-£5,417||5|
|18||Newcastle United (NE1)||£160,867||-3.67%||-£6,137||18|
|19||Stoke City (ST4)||£117,708||-4.10%||-£5,038||10|
|20||Manchester City (M11)||£111,725||-5.96%||-£7,076||4|
- Ends -
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