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Chelsea tops property Premier League

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22/07/2015
Chelsea Football Club is located in the area of the country with higher property prices than any other location.

The 2014/15 Premier League champions also top the property prices table, with the average home in SW6 worth £1,137,550.

Data compiled by eMoov found that the north London postcode which is home to Arsenal was the second priciest location. Typical property prices in N7 were £575,676, it found.

Teams from London and the South East occupied the top eight positions in the chart. Tottenham and West Ham completed the top four, followed by Watford, Crystal Palace, Bournemouth and Southampton.

The area around Leicester’s King Power Stadium had the highest prices outside the south, with the typical property in LE2 worth £202,483.

Liverpool and Everton were at the bottom of the table. Both clubs are located in the L4 postcode area where the typical house is valued at £72,873.

The E13 postcode, home to West Ham’s Upton Park ground, was the Premier League property location which had seen the biggest increase in prices. The typical property is now worth £306,451 after a 7% increase in the last year.

Russell Quirk, founder and CEO of eMoov, said that areas of London that had previously been considered less attractive had seen a price boost in the last year.

Although the top two make for familiar reading, it’s interesting that a successful, wealthy Premier League club, doesn’t necessarily translate to a thriving property market in the surrounding areas,” he said.

“I think in terms of property, West Ham and Tottenham are the ones to watch. The developments in terms of location and transport infrastructure should see prices in both areas boosted as a result. “

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