- Arsenal rock bottom of the Premier League property price growth table, after average prices fall 1.9% over the past 12 months. Average prices rose the most of any team during the 2015-16 season
- Burnley are Premier League property price champions with average house prices rising 13.9% in the past year
London, 8 May 2017 — Arsenal have had a torrid time in the Premier League during the later end of this season, and they’ve fared no better in the Premier League of property price growth, sitting rock bottom according to new research carried out by online estate agents HouseSimple.com.
HouseSimple looked at house price growth over the past 12 months in the towns and cities where the 20 Premier League clubs are based, and drew up a property fantasy league table. Arsenal and Chelsea were the only Premier League teams that have seen average house prices in the area fall in the past year.
Average property prices in the Borough of Islington, where the Emirates Stadium, Arsenal’s ground, is located, have fallen 1.9% over the past 12 months. Chelsea, who are odds on to win the Premier League this season haven’t fared so when it comes to property prices, with average prices falling 1% over the past year. However, average house prices in the borough of Hammersmith and Fulham, where Stamford Bridge is based, are still more than three quarters of a million pounds, more than any other Premier League location.
And what about Sunderland? They are already relegated from the Premier League, and when it comes to average property prices they are also sitting in the bottom three, with prices stagnating over the past year, growing just 1.1%
At the other end of the table, Burnley are the surprise package comes out on top for property price growth, with average prices rising 13.7% in 12 months, from £70,877 to £80,605. While Watford (12%) and Hull City (10.4%) also saw double digit house price growth over the past year.
The following table shows the Premier League table according to the average property price growth in the various towns/cities where the teams are based:
Team | Average house price in the town/city (£) -2016 | Average house price in the town/city (£) – Current | Annual house price growth (%) |
Burnley | 70,877 | 80,605 | 13.7 |
Watford | 322,316 | 360,858 | 12.0 |
Hull City | 97,211 | 107,355 | 10.4 |
Tottenham Hotspur | 512,198 | 562,564 | 9.8 |
Liverpool | 115,933 | 125,862 | 8.6 |
AFC Bournemouth | 218,015 | 235,962 | 8.2 |
Southampton | 186,127 | 201,290 | 8.1 |
Manchester City | 147,888 | 159,480 | 7.8 |
Manchester United | 237,795 | 255,449 | 7.4 |
Everton | 129,094 | 136,804 | 6.0 |
Leicester City | 144,270 | 152,826 | 5.9 |
West Bromwich Albion | 123,154 | 130,258 | 5.8 |
Crystal Palace | 337,821 | 352,869 | 4.5 |
Middlesbrough | 110,382 | 114,927 | 4.1 |
Stoke City | 98,457 | 102,299 | 3.9 |
West Ham United | 329,609 | 339,746 | 3.1 |
Swansea | 134,301 | 135,816 | 1.1 |
Sunderland | 108,349 | 109,529 | 1.1 |
Chelsea | 773,193 | 771,882 | -0.2 |
Arsenal | 628,362 | 616,152 | -1.9 |
Alex Gosling, CEO of online estate agents HouseSimple.com comments: “Whether you look at their position in the Premier League table or average house prices, it hasn’t been a great 12 months for Arsenal. While areas such as Burnley and Hull, where average house prices are some of the cheapest in the country, have seen impressive price growth since last season.”